Ontario Superior Court Sides with Bank’s Decision
The plight of QuadrigaCX, Canada’s first and largest crypto exchange to have its accounts frozen through court orders has failed after the Ontario Superior Court sided with the bank. QuadrigaCX had taken Canadian Imperial Bank of Commerce (CIBC) to court for freezing its accounts since January. In their defense, they are alleging the bank’s decision… (0 comment)

Korean Court Sides with Coinis Cryptocurrency Exchange
For the first time, a South Korean cryptocurrency exchange has won a case against a local bank that had blocked its accounts. Last month Coinis crypto exchange accounts at Nonghyup Bank were blocked by the bank. It is this latter decision by the Nonghyup bank that led to Coinis lodging a complaint at the 50th… (0 comment)

Federal District Court comes to the Aid of Bitcoin Max Exchange
Brazilian Bitcoin Max Exchange can now resume operations after Banco Brasil, and Santander reopened its bank accounts. To arrive at this point, Bitcoin Max lawyers had to lodge an appeal at the Federal District and Territorial Court (TJDFT) against the previous decision. In their last application at the 3rd District Civil Court of Brasilia, Judge… (0 comment)

Laos’ notice to its citizens, on cryptocurrency trading and their usage
Following a notice dated 29th August that warned the public of using unregulated cryptocurrencies, specifically mentioning Bitcoin, Ethereum and litecoin. Laos’ central bank has published a cautioning notice to the public, warning them against cryptocurrency trading and usage as a means of payment.  The notice was directed to merchants, traders and residents, urging them to… (0 comment)