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Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens
26.7.2019
The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum
Bancor Raised $153 Million and Found Actual Users. Why Did Its Token Tank?
25.7.2019
Bancor raised $153 million as one of the top initial coin offerings of 2017. With its BNT token trading near all-time lows, here's an update on the project
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
Is Bitcoin Money? Revisiting Mises’ Regression Theorem
25.7.2019
Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...
US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin Is Bleak
24.7.2019
Secretary Steven Mnuchin said, "I will personally not be loaded up on bitcoin in 10 years.”
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
Facebook Libra Hasn’t Responded to Information Request: Swiss Watchdog
24.7.2019
Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva
Senate Banking Committee to Hold Hearing on Crypto Regulation Next Week
24.7.2019
The Senate Banking Committee has scheduled a hearing on cryptocurrency and blockchain regulatory frameworks for July 30
New NYDFS Division to Oversee Licensing for Cryptocurrency Startups
23.7.2019
The Research and Innovation Division will include an in-house team that supervises cryptocurrencies
Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing
23.7.2019
The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report...
Circle Moves Exchange Operations Offshore With New Bermuda Office
22.7.2019
Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S
The Myth of Authority: Mnuchin Denies USD Is Used Criminally
22.7.2019
U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of...
UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns
22.7.2019
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users
FINRA Extends Deadline for Firms to Report Crypto Activity
22.7.2019
The self-regulatory body for brokers and exchanges has quietly extended its deadline for member firms to report their crypto activity
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Could Donald Trump Ban Bitcoin?
20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation
Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development
20.7.2019
Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH. Also read: Indian Government Breaks...
New Jersey Takes Online Market to Court Over 2018 Crypto Token Sale
19.7.2019
The U.S. state of New Jersey is taking legal action over alleged securities violations by blockchain rental marketplace Pocketinns
Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg
19.7.2019
Seychelles-based cryptocurrency exchange BitMEX is being probed by the U.S. Commodity Futures Trading Commission over client trades, Bloomberg says