Tag: Legal

Bitcoin’s Legal Status Around the World

When bitcoin was created in 2009, it was supposed to act as a peer-to-peer cash system, but it has taken on a different form. To earn bitcoin, a person has to act as a miner, which involves them using their computer’s energy to maintain the blockchain. Bitcoin would therefore act as the reward for this computing power. As more people started to be interested in bitcoin’s operation, they started to …
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DCLDC To Provide Legal Services For Bitcoin and Blockchain Matters

Although blockchain technology allows for lots of innovation, there are always people looking to oppose the concept. Several lawyers have formed a coalition to protect the “constitutional right” to innovate with distributed ledgers. Under the DCLDC name, the group will focus on any and all legal issues pertaining to blockchain technology. Lawyering Up When Dealing With Blockchain Even though there is no legal definition prohibiting the usage of distributed ledgers, …
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Russian Political Party to Accept Bitcoin Donations

Russian Government’s policies and stances on Bitcoin are so far unclear. However, there was an announcement from a political party leader who said it will start to accept donations in bitcoins. Boris Titov, Leader of the democrat “Party of growth” has recently announced that his party will start accepting bitcoin donations: We have to find new sources of funding, and this should not be funding several large companies but thousands, …
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Discussion About Bitcoin Regulation in India Is Far From over

There has been a lot of talk about the legality of Bitcoin in India, but there has been little focus on the legal framework used to regulate this cryptocurrency. For now, there is no official law for Bitcoin in the country, yet there are certain legal perspectives to keep in mind. Does Bitcoin Need Different Regulation in India? That seems to be the question a fair few people are asking …
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