Category: Legal

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Poland vs Lithuania: Which is the Best for Your VASP License?

Introduction With crypto becoming more mainstream, its adoption in the European Union is underway. The EU provides a decent environment for crypto businesses, especially with the MiCA regulation fully coming into effect at the end of 2024. Nonetheless, crypto businesses that want to operate within the EU, need to have Virtual Asset Service Provider (VASP) […]

2 days ago
ExchangeLegal
Why is your crypto exchange unregulated, and should you be worried?

Last year, Binance agreed to pay $4.3 billion to settle with the Department of Justice and Commodity Futures Trading Commission (CFTC) over breaches of illicit finance regulations. Binance’s then-CEO Changpeng Zhao pleaded guilty to breaking U.S. anti-money-laundering laws and agreed to step down as CEO​​​​. The CFTC now has access to all of Binance’s records, […]

11 months ago
BlockchainLegal
Are patents important in the crypto industry?

Patents meet blockchain In general, patents‘ role in protecting innovations cannot be understated. They provide a legal framework that allows inventors to protect their intellectual property, preventing others from using, selling, or manufacturing their inventions without permission. This protection encourages innovation by ensuring inventors reap the rewards of their creativity and hard work. In the […]

1 year ago

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