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Bitcoin News Roundup for May 29, 2020

29.5.2020
With bitcoin and many traditional markets down on the day, CoinDesk's Markets Daily is back!

The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors

29.5.2020
Professional service giants like the Big Four are innovating in the blockchain and crypto space. Is it enough to make an impact?

'New Google' Settles With SEC For $29 Million

29.5.2020
A company that was heralded as the “New Google” settles with the SEC, agreeing to return $29 million to ICO investors, in addition to a $400,000 penalty

JPMorgan Loses USD 2.5M in Crypto Case, Dragonchain on Science Channel + More News

29.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Legal news Major investment bank JPMorgan Chase has agreed to pay USD 2.5 million to settle a class-action lawsuit over...

UK Court Drops Craig Wright's Appeal Against Roger Ver

29.5.2020
Calling Wright a “fraud” is not a UK-related matter, the Court of Appeal of England and Wales rules

Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance

29.5.2020
Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency. In its first white paper,...

NGRAVE Hard Wallet Hits 450% of Crowdfunding Goal Within Two Days

29.5.2020
A hardware wallet’s IndieGoGo crowdfunding campaign reached 450% of its target funding amount within two days of launch

In Trump Versus Twitter, Decentralized Tech May Win

29.5.2020
Campaigners against Section 230 said Trump’s intervention might derail their cause, but it could offer an opportunity for decentralized tech

South Korea to Start Taxing Bitcoin Profits in 2021

29.5.2020
South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...