Dubai court recognizes crypto as valid salary payment: Law Decoded

Scathing reports by regulators have accused traditional banks of inadvertently helping “drug kingpins and rogue nations” – enabling them to commit money laundering, make questionable transfers and evade economic sanctions and taxes.It is a problem that dates back decades. Indeed, an article in The New York Times from 1989 estimated that $100 billion in revenues…

By this point, everyone knows that Coronavirus, also known as COVID-19, has wreaked havoc on the world economy. The ongoing pandemicOn March 13, crypto markets saw an unprecedented collapse alongside the worst day in the traditional markets since 1987. Beyond the markets tanking, the risk of spreading the highly contagious virus has led many countries to…

The former CEO of defunct Japanese Bitcoin exchange Mt. Gox, Mark Karpeles, could spend ten years in jail over alleged embezzlement, Japanese daily news outlet Nikkei reported Dec. 12.Karpeles, who presided over the major hack of Mt. Gox in 2014 that resulted in the loss of 850,000 BTC ($2.87 billion), has repeatedly denied any wrongdoing.In…

BTC price action stays cool over the weekend as Bitcoin bulls attempt to flip $17,000 to support. Own this piece of crypto history Collect this article as NFTBitcoin (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close as volatility looked set to return to the market.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger…

The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history. 

Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16.Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by…

Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple. 935 Total views 14 Total shares A former executive from the Securities and Exchange Commission believes the regulator has a good chance of losing its $1.3…