Almost every state in the country adopts a traffic ticket points system designed to assign a point value for different types of traffic offenses. The system is used by the Department of Motor Vehicles (DMV) to monitor the licensed drivers in the state as well as to incentivize drivers to adhere to traffic laws. While the precise point allocation rules …
Legal Challenges With Starting a Crypto Business
Whether you’re looking to create a new blockchain technology or invest in it, starting a crypto business can be both lucrative and exciting. Like any new technology, navigating the murky regulatory and legal waters is a major concern for anyone looking to dive into the world of digital currencies and assets. This article takes an in-depth look at the three …
Do You Need a License to Drive a 50cc Scooter?
Nimble size, low maintenance, low gas consumption, ease of use – there are several reasons why many people turn to scooters for getting around town. There’s something about the feeling of fresh air in your face that makes this mode of transportation desirable for many. That said, you need to familiarize yourself with the scooter licensing laws in your state …
Can You Get Insurance Without a License?
Right off the bat, it is against the law to drive a car on a public road without a valid driver’s license. That said, you don’t need to have a license to get car insurance. While purchasing an auto insurance policy without a valid license might seem counterintuitive, a driver’s license is not the only reason why a driver might …
Does the SEC Regulate Cryptocurrency?
As cryptocurrency continues to transform from an investment that was seen as purely speculative to becoming a common feature in balanced portfolios, governments worldwide are still divided on the best approach to regulating this emerging asset class. The US is yet to develop a clear regulatory framework designed to protect crypto investors and keep these digital assets in check. The …
What Is a Commercial Driver’s License?
Before 1986, a major cause of fatal accidents on American roads was unqualified vehicle operators. At the time, several of the drivers were able to escape liability for irresponsible driving since they held multiple driver’s licenses issued by different states. The Commercial Motor Vehicle Safety Act of 1986 was passed for this very reason. It established a nationwide system that …
How Cryptocurrency Scams Work
The findings of a 2022 crime report compiled by Chainalysis indicate that investors lost more than $14 billion worth of cryptocurrency in 2021. That’s almost double the amount that scammers stole in the year before. No one ever believes they can fall for a scam—until they do. Fraudsters often aim to gain victims’ personal information by working various angles ranging …
What Happens to Cryptocurrency Assets in a Divorce?
If you know a thing or two about divorce, you know that the division of assets and liabilities is integral to the entire process. You may not understand how complicated things can get when you add cryptocurrency into the mix. With the popularity and value of crypto assets growing with each passing day, they are becoming increasingly common in marital …
What Is an Enhanced Driver’s License?
If you live in Washington, Vermont, New York, Minnesota, or Michigan and have plans to visit family members or go on vacation, you might have to rethink your mode of travel. Most of these states have imposed deadlines requiring all state citizens to obtain enhanced driver’s licenses or real IDs if they plan to travel by air. What is an …
Can You Ride in an RV Without a Seatbelt?
Hitting the open road in your RV with your family is the classic American vacation. Discovering magnificent new locations is what makes the whole trip so exhilarating. Since you’ll likely be traveling on the interstates and highways, it’s important to familiarize yourself with RV seatbelt laws to avoid getting caught up on the wrong side of the law. Can you …