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://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

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27 COMMENTS

  1. I met Akon late last year at the Malta conference. Genuine guy with the right incentives. Impressive project but challenging trying to crack Africa. Really hope this does well.

  2. I just joined your channel a few weeks ago and just discovered that you have giveaways. I keep up with this channel for the convenience of learning about things taking place in crypto space without having to read all of the different newsletters and tweets myself. That for producing quality content.

  3. Akoin will help Africa catch up to the rest of the world. Akon has been helping the continent for a while so I don’t think he is doing it just to line his pockets. I’m just hoping the coin will be available for US citizens cause I’m in

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