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Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%
6.2.2021
The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that...
Analysis Shows Bitcoin Whales Are Stockpiling, but ‘BTC Ownership Is Not Highly Concentrated’
4.2.2021
During the last few months, a few reports from mainstream media (MSM) outlets tried to prove that a large sum of bitcoin is controlled by a small group of people. Recently, Bloomberg claimed that “2% of accounts control 95% of all bitcoin,” a claim that doesn’t hold weight...
Texas State Securities Board Flags 15 Investment Entities Including One Unregistered Crypto Trader
21.11.2020
The Texas State Securities Board (TSSB) has announced a series of enforcement actions against 15 online investment entities that illegally market cryptocurrency, binary options, and forex investments in Texas. Fake Social Media Accounts The regulator alleges that operators of the companies...
Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions
3.11.2020
While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from the comfort of their own mansions, members of the Fed have given more stimulus to crony Wall Street...
A Look at the Fascist Agenda Behind the ‘Great Reset’ and the WEF’s Reboot Propaganda
27.10.2020
Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment.” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World Economic Forum (WEF) and other mainstream entities have been...
FinCen Warns on Ransomware Attacks, Notes Increased Targeting of Government Entities
1.10.2020
Ransomware attackers use malicious software to block access to data and demand ransom in return, oftentimes deploying the threat to make proprietary data public
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool
24.9.2020
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other...
FinCEN Files: BNY Mellon Processed $137M for Entities Linked to OneCoin
21.9.2020
The leaked "FinCEN files" show that BNY Mellon flagged a $30 million purported loan that it helped wire as one suspected case of OneCoin laundering funds
Bitcoin Ownership Steadily Shifts From Whales to Small Investors, Data Shows
7.8.2020
The amount of bitcoin held by small investors has more than doubled in the past five years as so-called whale holdings declined by an almost similar margin during the same period. According to new data from Glassnode, the percentage of supply owned by entities holding 10 BTC or less has grown from...
Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Bitcoin ‘Active Entities’ at Highest Since 2017 Bull Run
22.7.2020
The on-chain metric suggests Bitcoin is garnering users despite the cryptocurrency’s extended period of comatose price action
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
17.6.2020
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities
Bitcoin Use on Darknet Markets Jumps 65% to Over $400 Million in First Quarter
21.5.2020
Bitcoin transactions on darknet markets jumped 65% in value during the first quarter to $411 million, according to research by a blockchain analytics firm. The amount of bitcoin sent from darknet entities to mixers also grew rapidly as exchanges with verification requirements became less popular...
Malta’s ‘Blockchain Island’ Dream Deferred as 70% Entities Shun Licensing
25.4.2020
Malta’s futuristic design to be the “Blockchain Island” has suffered a setback as 70% of companies in the sector have not sought licensing. Six months after the deadline, only 26 companies have applied for licensing and none has been granted one. Malta initiated legislation...
Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits
9.4.2020
On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives...
BitGo Grows Crypto Custody Options With New Swiss and Germany Entities
10.2.2020
The U.S.-based custodian is expanding its crypto custody service to Europe with the launch of two new entities in Switzerland and Germany
Governments and Enterprises Can’t Get Enough of Blockchain
27.1.2020
Governments have long been wary of Bitcoin, while expressing admiration for its innovative ledger system. This trend can be traced back till 2014, when the “blockchain not bitcoin” mantra was coined. Six years on and that sentiment is being backed by action as governments and businesses...
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
18.1.2020
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide...
Crypto Fundraising Is Changing Again in 2020
4.1.2020
Funding is a prerequisite for any new crypto project, but with IEOs likely to play a reduced role in 2020, where will the all-important capital come from? While minted entities like Ripple, Tezos, and Tron certainly have the means to plow tens of millions into their chosen ventures, they...