Kleiman V. Wright: Jury Deliberations Continue in Week 2

MIAMI — A federal jury has not yet reached a verdict after deliberating Monday in the federal civil trial of Kleiman v. Wright, which is now in its fourth week. However, a question posed by the jury suggested they are not comfortable valuing bitcoin. “Many of us do not feel comfortable adjcating [sic] an amount,” … Read moreKleiman V. Wright: Jury Deliberations Continue in Week 2

China Crypto Roundup (Nov. 15-Nov. 21) :China Continue to Crackdown Crypto Mining

1. China will continue to severely rectify virtual currency mining China Development and Reform Commission mentioned in a meeting that it will continue to severely rectify virtual currency mining, especially for large-scale mining activities and state-owned enterprises involving mining. 2. China Development and Reform Commission: virtual currency cannot be circulated as currency in the market … Read moreChina Crypto Roundup (Nov. 15-Nov. 21) :China Continue to Crackdown Crypto Mining

Chinese Mining Companies Continue Shift to North America

Despite a ban on related activities on their home turf, Chinese companies remain attracted to the crypto mining trade hence their quest to continue pursuing the interest even outside the shores of China. Beijing has driven out most of China’s cryptocurrency mining activities this year in a move that has seen the trade’s attention driven to other parts of the world like … Read moreChinese Mining Companies Continue Shift to North America