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A French commerce court has classified Bitcoin (BTC) as currency during a recent trial.Local news outlet Les Echos reported on March 5 that the Commercial Court of Nanterre decided on Feb. 26 to qualify Bitcoin as a fungible interchangeable asset that is not individualizable, just like fiat money.The ruling was part of a dispute between…

In the first three months of his presidency, Donald Trump has ignited trade tensions by announcing tariffs on Canada, Mexico, and China and the result has been unexpected turmoil in US and global markets. The fallout from the tariffs has been relatively swift, and the impact has been felt across the crypto market. As of

Traditional markets continue to post almost daily losses while Bitcoin price has been relatively range bound for the past week. At the risk of sounding repetitive, traders have to continue to focus on the events that are driving the various asset classes. The Coronavirus cases in Europe are not showing signs of flattening out and…

"I’m hoping to catch one of these crypto dudes who always wanted to own a bar," said Patrick Hughes. 875 Total views 12 Total shares New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell's Kitchen neighborhood of Manhattan for cryptocurrency.According to a…

Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision.The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service providers including exchanges, wallet providers and trading platforms.In its preface to the guidance, FINMA notes its adherence to the framework…

Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project.

The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines…

Dutch open-source blockchain software developer Jelurida has won its case in the Netherlands against Apollo Fintech for breach of copyright.On Sept. 22, a Dutch court ruled against Apollo for cloning over 75% of its code from Jelurida’s Nxt (NXT) blockchain software code but failing to adhere to the developer’s Jelurida Public License (JPL). Alongside Nxt,…

The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in the long term. But some investors also fear that it makes the cryptocurrency market vulnerable.Tether has been the most widely-utilized…