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As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options

As No-Deal Brexit Looms, UK Blockchain Startups Are Weighing Options From longer approval processes to the threat they might lose access to the European market, it’s safe to say U.K. blockchain startups are looking for contingency plans. A quick recap: in 2016, the U.K. held a referendum on whether to …

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Facebook gets leave to appeal to Ireland’s Supreme Court after failing to block data transfer referral to CJEU – TechCrunch

Facebook gets leave to appeal to Ireland’s Supreme Court after failing to block data transfer referral to CJEU – TechCrunch Facebook has been given the go ahead to appeal to Ireland’s Supreme Court against an earlier High Court decision to refer key questions relating to the validity of EU-US data …

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Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain

Dubai Plans to ‘Disrupt’ Its Own Legal System with Blockchain A Dubai-based international court dealing with civil and commercial disputes in the financial industry is planning to launch what it calls a “Court of the Blockchain” to streamline legal operations. The Dubai International Financial Center (DIFC) Courts announced on Monday …

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Korean Government Seeks to Strip Tax Perks From Crypto Exchanges

Korean Government Seeks to Strip Tax Perks From Crypto Exchanges Cryptocurrency exchanges in South Korea may soon lose eligibility for significant tax benefits currently granted to smaller companies. A proposed revision to the existing tax law, announced by the South Korean government on Monday, would exclude crypto exchanges from the …

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UK Begins Research on Law Reform for Use of Blockchain Smart Contracts

UK Begins Research on Law Reform for Use of Blockchain Smart Contracts The U.K. Law Commission, an independent agency set up by the U.K. parliament to propose legal reform actions, is starting a research project on law reform to bring clarity in the current system for using blockchain-based smart contracts. According …

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Report: Korean Political Parties to Propose New Crypto Laws

Report: Korean Political Parties to Propose New Crypto Laws South Korea’s National Assembly is reportedly set to witness a whirlwind of legislative efforts around cryptocurrencies in the coming days. Between July 13 and 26, members of a number of Korean political parties are expected to submit bills focused on regulating …

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Romania Drafts Bill to Regulate Cryptocurrencies

Romania Drafts Bill to Regulate Cryptocurrencies Romania has drafted an emergency ordinance for ICO issuers, a local news outlet reported Thursday. The draft, which was released by the Romanian Ministry of Finance, states that groups hoping to launch token sales must have their tax and legal records verified. Following that, …

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