Analysis: Court Ordered Code – The Implications of a Forced Fork

The cryptocurrency space and the blockchain technology underlying it is constantly evolving. National authorities, central banks, regulators, and lawyers are constantly trying to keep up the pace. There are very few occasions where blockchain technology presents one with the opportunity to formulate legal arguments and an even broader legal strategy. The Bitgrail / Nano / XRB saga, however, presents us with...

The Taxman Catches Up with Cryptocurrency in Israel

The Israeli Tax Authority (ITA) released a circular on the 17th of February containing the final details of taxation of cryptocurrency transactions and cryptocurrency mining in the country. This follows the draft that it released one month ago. The circular deals with distributed means of payment only – ICOs are still under discussion, and a final judgement is pending. As the authority...

How to Regulate ICOs and Keep Them Alive

One cannot but agree that cryptocurrencies are not trends any more but a phenomenon. Out of this phenomenon have emerged several practices and trends, and some of them can be classified as phenomena in their own right. One of these practices is the constantly growing practice of initial coin offerings (ICOs). The cryptocurrency ecosystem now contains over 800 issued cryptocurrencies, and...