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Nebraska signs law to authorize state-chartered banks to custody crypto
26.5.2021
The bill was co-authored with the cryptocurrency firm Telcoin and introduced by Republican state senator Mike Flood
Banks cautious about crypto ahead of COVID-19 testimony before US Senate
26.5.2021
CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery
Biden administration is reportedly reviewing ‘gaps’ in crypto regulation
25.5.2021
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week
Powers On... Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets
25.5.2021
Elon Musk, here we go again: It is not the first time his reckless tweeting has caused serious problems, but this time they’re for crypto
E3 Fan Registration Opens Up Next Week
24.5.2021
Following a year off as a result of the covid-19 pandemic, E3 will return next month as an all-digital event. It’s free—despite what some earlier reports suggested—but you’ll still have to register if you want access to what passes as a show floor at an online event without an actual show...
Fraudsters Impersonate a US Federal Agency by Sending Emails Asking for Bitcoin Wallet Keys
22.5.2021
U.S. consumers have been receiving fake emails that attempt to impersonate a federal regulatory agency which has raised alarms among crypto community members. The U.S. Office of the Comptroller of the Currency (OCC) warned that such bogus messages ask people for their bitcoin wallet keys....
New OCC head requests review of cryptocurrency rules
19.5.2021
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders
US lawmaker introduces bill aimed at protecting 'forked assets' from IRS
18.5.2021
This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency
United States, Germany, Turkey lead search interest in Ethereum
18.5.2021
Ether search interest is higher than ever, and is attracting interest from around the globe, a new report reveals
Coinbase to raise $1.25B via debt securities for institutional investors
18.5.2021
With shares in the Nasdaq-listed cryptocurrency exchange continuing to underperform, Coinbase is seeking a $1.25 billion cash injection from institutional investors
NYDFS taps former DOJ attorney as deputy virtual currency chief
17.5.2021
The former Department of Justice trial attorney has been with the New York State Department of Financial Services for eight years
China Building Full-Sized Titanic Replica As Tourist Attraction
17.5.2021
At the end of this year, a theme park in Suining, China is slated to finish a full-sized version of the Titanic.Read more
Blockchain will thrive once innovators and regulators work together
15.5.2021
Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem
Chinese Investors File Lawsuit Against US-Based Alleged Crypto Fraudster Who Promised $200,000 Profits per Day
15.5.2021
A group of Chinese investors has filed a lawsuit against an alleged crypto fraudster based in New York, United States, who ran a Wechat group where he handled the scheme. The scammer reportedly promoted the bogus investment opportunity by promising earnings of “$200,000 in one day.”...
Report: Colonial Pipeline Paid $5M Worth in Crypto to Ransomware Gang, Restarts Services
14.5.2021
The global oil market was shaken by news from the United States as a ransomware attack hit the largest oil infrastructure operation in the country. A recent report claims hackers asked Colonial Pipeline to pay for an undisclosed amount in ransom to unlock the firm’s system – a demand...
City in North Dakota now accepts cryptocurrency for utility payments
14.5.2021
The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay
Binance is reportedly under investigation from IRS and Justice Department
13.5.2021
The price of Bitcoin and Ether both fell between 3-5% as the report spread across social media
Diem parters with Silvergate bank to launch stablecoin in the US
13.5.2021
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate
Cybersecurity Firm Spots a Crypto Stealer Distributed Through a Massive Email Spam Campaign and Discord Channels
13.5.2021
A crypto stealer seems to have spread through a massive spam campaign across several countries, including the United States, Australia, Japan, and Germany. The malware dubbed “Panda Stealer” has been spotted by a cybersecurity company. It is reportedly also distributed on Discord...
Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100
13.5.2021
Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers