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Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
29.12.2020
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities
Crypto Players Plea for More Opposition to FinCEN Regulation Proposal
29.12.2020
Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). The proposal seeks to require crypto operators to abide by regulations used to police...
India Mulls Imposing 18% Tax on Bitcoin Transactions
29.12.2020
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies
Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple
28.12.2020
Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs
OKCoin to Suspend XRP Trading and Deposits on January 4
28.12.2020
OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have...
SEC Obtains Emergency Asset Freeze Against Virgil Capital
28.12.2020
Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
Shark Tank’s Kevin O’Leary Warns Regulators Will Come Down Hard on Bitcoin — ‘It Will Be Brutal’
28.12.2020
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns...
Israelis Must Now Disclose Crypto Holdings: Report
27.12.2020
Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes
DLT Regulation in 2020: Backwards or Sideways?
27.12.2020
Regulators are no longer standing on the sidelines of distributed ledger innovation, says Gibraltar’s Minister for Digital and Financial Services
SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale
27.12.2020
The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....
Fed’s Powell Wins Forbes’ Crypto Person of the Year Honors; Do They Give Awards for Snark?
27.12.2020
A side effect of the Fed's medicine for the pandemic-stricken U.S. economy was to create conditions ideal for the rise of cryptocurrencies
US Regulator Sues Crypto Hedge Fund Founder — $25 Million in Digital Assets to Be Frozen
26.12.2020
The U.S. Securities and Exchange Commission has filed a lawsuit against a cryptocurrency hedge fund founder for fraud. The regulator is seeking an emergency order freezing $25 million in digital assets held by a crypto hedge fund he controls. Crypto Hedge Fund Founder Sued in the US The U.S....
B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: Report
26.12.2020
Non-U.S. clients can still trade the token but need to pre-fund all short trades, the report said
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...
Three Market Trends Fueled Enterprise DLT Adoption in 2020
26.12.2020
Hedera Hashgraph's CEO says integrating novel technologies with existing enterprise systems will drive adoption in the years ahead
Major Producer Nornickel Issues Its First Metal Contract-Backed Digital Coins
26.12.2020
One of the world’s biggest palladium producers, based in Russia, announced that it’s starting the first stage of issuing blockchain-powered tokens to its industrial partners Traxys and Umicore. Palladium Producer Giant Issues Its First Blockchain-Powered Tokens According to...
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
26.12.2020
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge...
Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit
25.12.2020
Cryptocurrency exchange Bitstamp said it’s halting XRP trading and deposits for all U.S. customers on Jan. 8, 2021, because of the U.S. Securities and Exchange Commission’s recent filing, alleging XRP is a security. This story is developing and will be updated. Read also: An SEC Victory...
Miami mayor calls Bitcoin ‘stable investment’ during unstable year
24.12.2020
Mayor Francis Suarez is learning about Bitcoin from the Winklevoss twins and Anthony Pompliano