Quoine Found Liable for Wrongfully Reversing BTC Trades in Singaporean First

Quoine Found Liable for Wrongfully Reversing Trades in First Singaporean Trial Involving BitcoinIn the first Singaporean legal dispute involving BTC, Singapore-registered cryptocurrency exchange Quoine has been found to have wrongfully reversed seven trades placed by market maker B2C2 during April 2017. The ruling has been made following four months of proceedings. Also Read: Thailand Approves Country’s First ICO Portal Quoine Held Liable for Reversing Trades Selling 309 […]

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Texas Updates Regulatory Guidance Regarding Cryptocurrency Activities

Texas Updates Regulatory Guidance Regarding Activities Involving CryptocurrencyThe Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.” […]

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