Bitcoin Recognized by Court | Akon To Launch Akoin | Kyber Network KNC Coin

In #bitcoin and cryptocurrency news, an Australian court has acknowledged cryptocurrency as a form of collateral for legal fees when a New South Wales district court has referred to cryptocurrency as a form of security. As per the Australian Associated Press, a plaintiff in a defamation case has been mandated to deposit $20,000. Court briefs revealed that the money should be deposited into a court controlled bank account.

Multi platinum-selling recording artist #Akon has chosen to build his Akoin cryptocurrency ecosystem on top of the Stellar #blockchain. Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values.

The Kyber Network KNC got listed on coinbase and the new upgrades aim to foster significant participation & align incentives in the #Kyber and #DeFi ecosystem. #DApp integrators & liquidity providers will have much stronger incentives, fewer barriers to focus on Kyber 2020 plans looking solid. #crypto

References:

Bitcoin and Cryptocurrency accepted as a Security Deposit in Australian Court and recognizes crypto as a legal investment
https://twitter.com/Altcoinbuzzio/status/1233690482405806080
https://www.altcoinbuzz.io/cryptocurrency-news/spotlight/australian-court-recognizes-crypto-as-a-legal-investment/
Akon Musician To Launch Akoin Cryptocurrency on Stellar
https://cointelegraph.com/news/grammy-nominated-artist-akon-to-launch-cryptocurrency-on-stellar
Kyber Network KNC
https://twitter.com/kybernetwork/status/1234059124448456705

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Post Author: CoinCryptoNews