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Nigeria plans CBDC rollout, Salvadoran retirees protest Bitcoin Law, Twitter to add BTC and ETH tipping feature: Hodler’s Digest, Aug. 29-Sept. 4
4.9.2021
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
4.9.2021
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based...
Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto
3.9.2021
Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years
Mastermind of Zimbabwean Bitcoin Pyramid Scheme Vanishes With $6 Million
3.9.2021
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing...
Surveys: Most of El Salvador Public Is Opposed to Bitcoin Adoption Law
3.9.2021
Source: A video screenshot, Youtube, La Prensa Gráfica Noticias de El Salvador
Two new surveys have found that the overwhelming majority of Salvadorians are opposed to the bitcoin (BTC) adoption law, which is due to promulgate on September 7 after it was published in the Official Gazette earlier...
70% of Salvadorans opposed to Bitcoin Law as Sep. 7 implementation draws near
3.9.2021
The majority of El Salvadorans are skeptical of the country’s impending Bitcoin Law, with 90% of locals describing their understanding of crypto as poor or non-existent
Cryptocurrencies now legally recognized under commercial law in Texas
2.9.2021
Texas House Bills 4474 and 1576 officially took effect on Sept. 1 after being signed into law by Governor Greg Abbott in June
Bitcoin Law Critic Mario Gomez Arrested in El Salvador Without Warrant
2.9.2021
A vocal critic of the upcoming bitcoin law in El Salvador, Mario Gomez, was briefly detained Wednesday. According to reports, he was arrested without a warrant. Critic of El Salvador’s Bitcoin Law Arrested An IT specialist and founder of Hackerspace San Salvador, Mario Gómez,...
El Salvador police arrested and released Bitcoin detractor without a warrant
1.9.2021
The National Civil Police later released a statement saying Mario Gómez’s detainment was related to an investigation for financial fraud
Not Legal Advice... America: The world’s most creative junkie
1.9.2021
What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community
Seychelles Law Enforcement Receives Request to Probe Transfer of 230K Onecoin Bitcoins
1.9.2021
The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins. The cryptocurrency is said to be associated with pyramid scam Onecoin. Onecoin Loot in Dubai Besides...
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
1.9.2021
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet
New NY Gov. taps former Obama official to head state's financial regulator
31.8.2021
Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS
Bitcoin Legal Tender in 7 Days: El Salvador Publishes Video Explaining What to Expect
31.8.2021
Bitcoin will become legal tender in El Salvador alongside the U.S. dollar in seven days. The Salvadoran government has released a video explaining what to expect when the Bitcoin Law enters into force. The video features the government’s fee-free crypto wallet, Chivo. Government’s...
Retirees in El Salvador protest against Bitcoin adoption
31.8.2021
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar
Ripple files motion to expose XRP holdings of SEC employees
30.8.2021
The court has reportedly given the U.S. SEC until Sept. 3 to respond to Ripple’s motion to compel the authority to provide data on SEC employees’ XRP holdings
Mining Hardware Thief Gets 3-Year Sentence in Russia
30.8.2021
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison. Russian Convicted of Stealing Mining...
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
27.8.2021
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang
Binance lawsuit: Claimants mount up in arbitration for decentralization
27.8.2021
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date
Blizzard Is Changing McCree's Name In Overwatch Amid Lawsuit
26.8.2021
Blizzard announced today on Twitter that it will be renaming Jesse McCree and delaying the start of Overwatch’s next story arc. The change comes after the real-life developer the cowboy character was named after was let go from the company during the course of the ongoing fallout around...