Ripple Calls for Legal Test on Digital Asset Classification In the ever-changing landscape of digital assets, regulatory clarity is paramount for companies operating in the space. Ripple, a prominent player in the cryptocurrency industry, has recently made a significant move by calling for a legal test on digital asset classification. In a letter addressed to […]
Uber and Postmates Lose US Supreme Court Bid in Worker Classification Case
The U.S. Supreme Court recently declined to hear an appeal from Uber Technologies Inc. and its subsidiary Postmates regarding the classification of gig workers, a decision that could have far-reaching implications for the gig economy. This ruling effectively upholds California’s Assembly Bill 5 (AB5), which requires companies to classify their drivers as employees rather than […]