Making Bitcoin legal tender is Mexico will be ‘an uphill battle,’ says Ricardo Salinas

During the Bitcoin 2022 Conference in Miami, Florida, Cointelegraph caught up with Ricardo Salinas, the founder and chairman at Grupo Salinas, in an exclusive sit-down interview. As an early Bitcoin (BTC) adopter, since its $200 days, Salinas has experienced first-hand the highs and lows of the market, and learned a thing or two along the […]

Honduras Economic Zone Accepts Bitcoin As Legal Tender – What Now, Central Bank?

A special economic zone on a tourist-oriented island off the coast of Honduras has recognized bitcoin and other cryptocurrencies as legal tender, zone officials announced Friday. While the country’s central bank recently denied reports that it was considering making bitcoin its de facto currency, a scenic jurisdiction called Próspera on the island of Roatán stated […]

Shopify Bitcoin payments integration triggers legal questions from the community

Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move.  Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC […]

Honduran Special Economic Zone Adopts Bitcoin as Legal Tender

The Honduran Special Economic Zone has adopted bitcoin and other cryptocurrencies as legal tender for the Honduras Prospera. The Honduras Prospera is an economic zone established in 2020 as a means to encourage investment. Honduras Prospera has autonomy on fiscal, budgetary, and administrative issues for the economic zones. This autonomy gives it the ability to […]

Aussie crypto ‘finfluencers’ face tough new legal restrictions

New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic impact on the local crypto industry. ASIC’s recent Information Sheet outlines the traps influencers and the companies that hire them could fall into while wittingly or unwittingly promoting financial products. The penalties for failing to […]

Revolut Bank To Give Clients ‘Legal’ Ownership Over Cryptos – With a Caveat

Fintech bank Revolut will give its users legal control of their cryptocurrencies on July 27, but the U.K.-based bank is tightening its hold on how they can actually wield it. There is a catch, though: that crypto still cannot leave Revolut’s client ecosystem. Users “can’t transfer cryptocurrency to anyone who is not a Revolut customer,” […]

S. Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

South Korea’s central bank is moving ahead with research into digital currencies as it sets up a legal panel to advise on possible regulatory sticking points. Per an article in The Korea Times on Monday, the Bank of Korea (BOK) said the six-person panel, comprised of legal experts in the financial and IT sectors, as […]

South Korea to Review Legal Issues Surrounding Potential CBDC Launch

South Korea’s central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch. According to a press release the central bank issued earlier today, the group includes six experts, namely three professors, two lawyers and one BOK official.  The panel will reportedly […]

Chinese Banks Says They Will Not Freeze Legal Crypto Accounts

Rumor has it that Chinese banks are freezing client accounts that have a history of buying and selling cryptocurrencies. According to a Chinatimes report on June 13, banks in China have clarified that they are not shutting down any legit fiat to crypto accounts. Major banks reply According to the report, China Merchants Bank, Bank […]

Human Rights Foundation Funds Bitcoin Privacy Tools Despite ‘Coin Mixing’ Legal Stigma

On one hand, the bitcoin industry has matured to include traditional brokerages and institutional traders. On the other, bitcoin privacy tech is still shrouded in a legal gray zone.  The Human Rights Foundation (HRF) took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund. The first $50,000 grant from […]