Articles Tagged with cryptolawyer

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Cryptocurrency and blockchain technology are transforming the way many people do business, and that has provoked a response from governments around the globe. In some cases, this response has been negative, with national governments either placing restrictions designed to limit crypto trading or else banning it outright.

However, other countries have embraced it by passing legislation that’s designed to foster its continued development. In this article, we’ll discuss the most crypto-friendly countries in the world as well as the advantages of investing in these nations.

Some of the Most Pro-Crypto Countries

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Crypto investors are taking their operations overseas, and it’s easy to see why—many foreign countries have far more favorable laws when it comes to taxes, reporting, and cryptocurrency in general. These structures should be set up in a way that is consistent with both foreign and domestic laws, and that takes planning.

In this article, we’ll look at some of the advantages and requirements of offshore crypto-asset protection structures along with some general tips for success.

Offshore Entities – Some Basics

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The future of cryptocurrency and blockchain technology could well be decided by a lawsuit filed at the end of 2020.

On December 22, 2020, the SEC filed a lawsuit against Ripple Labs and two of its executives. The claim is that they traded $1.3 billion in their cryptocurrency XRP as a security without registering it with the SEC. Ripple and other parties have since countered with claims that the SEC is biased in its assessment.

As of right now, here is the current status of this lawsuit as well as a breakdown of each side of the argument.

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Artists have found a great deal of value in marketing their work on NFT markets owing to the ease of receiving royalties generated through their creations. That said, there are a number of intellectual property implications that have come forth as NFTs have climbed in popularity. We’ll discuss a few of those implications here.

Transfer of IP Rights – A Common Misconception

If you’re familiar with NFTs, you are likely already aware of how IP rights are handled. For everyone else, a common misconception is that an NFT represents the copyright to its underlying asset, be it artwork, music, videography, etc.

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