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US lawmakers seek to make stablecoins illegal without federal approval
3.12.2020
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Microsoft Report says Nation-State Hacker Group is Leveraging Cryptocurrency Techniques to Stay Under the Radar
1.12.2020
A new security report by Microsoft says nation-state hacker group Bismuth is now deploying cryptocurrency-mining malware alongside its regular cyber-espionage toolkits. According to the report, the deployment by Bismuth of Monero coin miners in recent campaigns has provided another way for...
Libra rebrands to Diem, hoping to shake off associations
1.12.2020
The project is hoping that a new name will help people forget the mass regulatory panic that drowned out Libra's initial announcement
Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered
1.12.2020
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims...
South Korea to delay new tax regime on cryptocurrencies until 2022
1.12.2020
The postponement follows a successful lobbying campaign by local crypto advocates
Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near
1.12.2020
As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown. A spending bill, which could include some stimulus measures, must be passed before the Dec. 11 deadline to avoid the shutdown. Stimulus Payments Affected...
Biden should integrate Bitcoin into US financial system, says Niall Ferguson
30.11.2020
The economic historian says that President-elect Biden’s administration should consider Bitcoin as an alternative to a “Chinese-style digital dollar.”
Russia to Recognize Bitcoin as Property With Legal Protection
30.11.2020
The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During...
Philanthropy: A missing catalyst of blockchain adoption
29.11.2020
With cheap and scalable trustless systems, blockchain tech has the ability to drive industry adoption to a new level
Ukrainian government sponsors educational web show about cryptocurrencies
27.11.2020
The course teaches citizens the basic concepts and ideals of cryptocurrencies
Exchanges outdo auctions for governments cashing in criminal crypto, says exec
27.11.2020
Governments are increasingly liquidating crypto assets seized in criminal investigations
IOTA teams up with Austrian uni for Internet of Things and blockchain research lab
27.11.2020
The IOTA Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies
China’s national blockchain project adds Polkadot support
26.11.2020
The Blockchain Service Network integrates three more major blockchains
Australian government embraces blockchain with new trial and public servants' network
26.11.2020
Following the launch of a nationwide APS blockchain network for federal, state, and local staff, Australia has launched an international blockchain trial with Singapore
Biden considering Gary Gensler for Deputy Treasury Secretary
26.11.2020
The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team
Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
25.11.2020
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold...
Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin
25.11.2020
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now....
South Korean government to delay crypto-tax rules by three months
25.11.2020
Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure
What would Commerce Secretary Andrew Yang mean for crypto?
24.11.2020
A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet