Pakistan high court orders gov’t to establish digital currency regulations in 3 months
court Pakistan

Pakistan high court orders gov’t to establish digital currency regulations in 3 months

Home » Business » Pakistan high court orders gov’t to establish digital currency regulations in 3 months The government of Pakistan has three months to come up with regulations for the digital currency industry, a regional high court has ruled. In its ruling, the court ordered the central bank and the securities regulator to work with other…

Pakistan Court Orders Authorities TO BUILD UP Crypto Regulations
court Pakistan

Pakistan Court Orders Authorities TO BUILD UP Crypto Regulations

Source: Adobe/natanaelgintingThe Sindh High Court, the top court of Pakistan’s Sindh province, has instructed the country’s government to develop regulations for cryptoassets within a three-month period, and established a committee to look into the legality of such regulations under Pakistani law. The ruling was issued by a two-judge bench presided by Justice Muhammad Karim Khan Agha,…

Pakistani high courtroom orders government to modify crypto in 90 days
court Pakistani

Pakistani high courtroom orders government to modify crypto in 90 days

The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period…

All Eyes about Japanese Court as Crunch Monero Mining Situation Gets December Hearing
court Japanese

All Eyes about Japanese Court as Crunch Monero Mining Situation Gets December Hearing

Source: Adobe/DennisA landmark legal case involving a music site developer who added a mining widget that mines monero (XMR) to his website will hit the Supreme Court in Japan at the end of the year – with the potential for a legal precedent-setting verdict.The case dates back to late 2017, when the Yokohama-based man (aged…

U.S. government would go to court over $11M USDT purportedly stolen by artificial Coinbase rep
court Government

U.S. government would go to court over $11M USDT purportedly stolen by artificial Coinbase rep

In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse.

Chinese Court States Crypto isn’t Protected FOR LEGAL REASONS
Chinese court

Chinese Court States Crypto isn’t Protected FOR LEGAL REASONS

Source: AdobeStock / WitIn a landmark ruling that could shake China’s crypto scene, the Supreme Court of the Shandong province has ruled that cryptocurrency “was not protected by law” after deliberating on a case that involves a potential fraud related to the purchase of tokens, as reported by The South China Morning Post. A Chinese…

Court rules man who exploited bug to mint $14M in ICX tokens can legally pursue
court Rules

Court rules man who exploited bug to mint $14M in ICX tokens can legally pursue

Home » Business » Court rules man who exploited bug to mint $14M in ICX tokens can legally pursue In what is one of the most unique legal battles in the industry, a U.S. federal judge has sided with one man’s legal effort to keep his tokens, despite having mined them by exploiting a bug…

Texas courtroom bans BTC system PaxForex, imposes $374K penalty
court Texas

Texas courtroom bans BTC system PaxForex, imposes $374K penalty

A U.S. federal court has imposed a permanent trading and solicitation ban on PaxForex, a BTC and ETH trading platform. The company is accused of engaging in illegal, off-exchange transactions in these digital currencies as well as foreign currencies and precious metals without registering with the regulators. The U.S. Commodity Futures Trading Commission (CFTC) announced…

NYAG asks court to stop spare change app Coinseed from trading user funds
court spare

NYAG asks court to stop spare change app Coinseed from trading user funds

Home » Business » NYAG asks court to stop spare change app Coinseed from trading user funds The New York Attorney General (NYAG) has asked the court to stop an alleged fraudulent digital currency startup from continuing with its operations. The AG is accusing Coinseed, a spare change and digital currency trading startup, of allegedly…