カテゴリー: B2C2

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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The Daily: New Institutional Crypto Wallet, Korean Won Stablecoin

The Daily: New Institutional Crypto Wallet, Korean Won StablecoinIn today’s edition of The Daily, we feature a couple of new offerings in the cryptocurrency market including a wallet made for exchanges and token issuers as well as the latest fiat-backed stablecoin. Additionally covered are an exchange that underwent an auditor’s inspection and a crypto CFDs provider that got FCA authorization. Also Read: Wikipedia […]

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Trial Begins: Bitcoin Exchange Accused of Wrongfully Reversing Trades

Trial Begins: Bitcoin Exchange Accused of Wrongfully Reversing TradesThe trial over alleged wrongful reversals of seven bitcoin trades that occurred last year has reportedly begun in Singapore. Cryptocurrency exchange Quoine has been sued by a market maker. The plaintiff is seeking to recover 3,085 BTC from the exchange. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Plaintiff Seeks 3,085 BTC The trial […]

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Ethereum Futures in US One Step Closer as CME Deal is Struck

Ethereum Futures in US One Step Closer as CME Deal is StruckChicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for […]

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Ethereum Futures in US One Step Closer as CME Deal is Struck

Ethereum Futures in US One Step Closer as CME Deal is StruckChicago Mercantile Exchange & Chicago Board of Trade (CME Group Inc) announced a partnership with Crypto Facilities Ltd to list the price of ether in real-time dollars. Information from major cryptocurrency exchanges Bitstamp and Kraken will be used to determine the CME CF reference rate. This could be a hint of things to come for […]

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Singapore Judge Dismisses $43M High Profile Bitcoin Case

Singapore Judge Dismisses $43M High Profile Bitcoin CaseRecently Singapore had its first high profile legal case involving over 3,000 BTC in a dispute between the UK-based company B2C2 and the local cryptocurrency exchange Quoine. According to the Singapore Commercial Court documents, Judge Simon Thorley has dismissed the plaintiff B2C2’s case for US $43Mn worth of bitcoins. Also read: While Bitcoin Trades Above $19K […]

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Over $36 Million Worth of Bitcoin at Stake in Singapore’s First Ever Crypto Trial

Over $36 Million Worth of Bitcoin at Stake in Singapore's First Ever Crypto TrialSingapore International Commercial Court (SICC) has refused summary judgement, sending litigants B2C2 and Quoine to trial in order to sort out the gory details involving $36 million (at press time) of bitcoin. It’s a case bound to be watched around the world, as cryptocurrency begins to enter mainstream business life and establish legal precedence.  Also read: “Only […]

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