California

How to Buy Weed With Bitcoin

</header> <strong>So you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where marijuana is legal, there are ways to exchange the two. While if you don’t inhabit such an enlightened area, rumor has it there are …

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Bitcoin Cash Meetups Go Virtual in Japan to Combat Virus, Allowing Members to Choose

</header> <strong>Due to the spread of the COVID-19 virus, <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> meetup groups in Tokyo and Osaka, Japan, have announced they will be offering a virtual option for those wishing to avoid crowded places and to participate digitally, while still supporting merchants. In Tokyo, physical venues will still be booked for …

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Ripple Court Ruling May Expand Legal Action Potential Against Crypto

A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc. During the Feb. 26 hearing, the court asserted that transactions involving cryptocurrencies that are not …

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ICOBox Startup Fails to Acknowledge US SEC Action, Owes $16M

The U.S. Securities and Exchange Commission, or SEC, has ordered that ICO broker ICOBox must pay $16 million after the startup failed to act on previous legal action from the commission. U.S. District Judge Dale Fischer of California sided with the SEC in a default judgement, after the alleged unregistered broker failed to respond to …

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Court Rejects Ripple’s Bid to Dismiss Class Action Lawsuit Filed by XRP Investors

</header> <strong>A court case that has the future of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a> at stake continues after Ripple’s motion to dismiss it was rejected by a court in California. The plaintiffs claim that the blockchain company sold the coin as an unregistered security and demand compensation. Ripple tried to avoid the case with …

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Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up

</header> <strong>Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. …

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After Math: Risky businesses

Sponsored Links petriartturiasikainen via Getty Images Joel Goodsen would blush seeing the sorts of shenanigans some of these these corporations have been getting into. And occasionally even succeeding at. Netflix goosed its viewing criteria to give a coin to its Witcher, Microsoft had another privacy whoopsie, and Germany just straight up forgot to upgrade its …

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Lawsuit Against Ripple May Decide the Fate of XRP but Regulators Have the Final Say

</header> <strong>A prolonged legal battle, which may hold the key to <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener noreferrer”>XRP</a>’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit …

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Uber and Postmates sue California over gig worker law

Sponsored Links AP Photo/Rich Pedroncelli It didn’t take long for tech companies to take legal action in hopes of thwarting California’s gig economy labor law. Uber and Postmates have filed a lawsuit in an attempt to block AB5, which makes it harder for companies to define workers as contractors, just as it takes effect. They …

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SoFi Obtains BitLicense to Offer Crypto Trading Services in New York

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now one of 24 crypto-related firms that have obtained a BitLicense since 2015, Bloomberg Law’s crypto reporter Lydia Beyoud tweeted the same day. Specifically, SoFi has …

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