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Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders
9.11.2022
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia...
US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
8.11.2022
The redesignation of the crypto mixer essentially replaces the U.S. Treasury’s actions from August, establishing sanctions for its role in “enabling malicious cyber activities."
Bank of Russia Suggests NFT, Smart Contract Regulation
8.11.2022
Germany’s financial regulator orders Coinbase to address ‘business organization’ practices
8.11.2022
In effect since Oct. 27, BaFin’s order referred to Coinbase’s Germany arm outsourcing some operations “essential for conducting banking business or providing financial services.”
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto Policy Council with US Politicians
8.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: BitMEX Announces its IEO & BMEX Token, BaFin Comes After Coinbase Germany, Paradigm Launches Crypto...
Single-issue crypto voters weigh in on midterms before US Election Day
8.11.2022
The outcome of elections with pro- and anti-crypto political candidates could determine the future of digital asset legislation and regulation in the United States
New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System
8.11.2022
The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system.
On Monday, Russia’s central bank shared a 32-pages-long public consultation report titled 'Digital Assets in Russian...
Mastercard CEO: ‘Long Way to Go Before Crypto Becomes Mainstream’
8.11.2022
The CEO of the payments giant Mastercard Michael Miebach argued that several elements need to come together before bitcoin (BTC) and crypto in general can go mainstream.
In an interview with Yahoo Finance, the CEO was asked if the day will come when everybody will be paying in bitcoin, and Miebach...
US Announces ‘Historic $3.36 Billion Cryptocurrency Seizure’ as Silk Road Bitcoin Thief Pleads Guilty
8.11.2022
The man who stole over 50,000 bitcoins from the Silk Road marketplace has pleaded guilty. According to the U.S. Department of Justice, “the seizure was then the largest cryptocurrency seizure” in the history of the DOJ and “remains the department’s second-largest...
US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient Feedback
8.11.2022
Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.”...
New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’
7.11.2022
The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or...
Queen Máxima of the Netherlands comes out in support of digital euro
7.11.2022
"Let us envision that better future and build a digital euro that works for all Europeans," said the queen in virtually addressing members of the European Commission
US authorities announce conviction connected to Bitcoin stolen from Silk Road
7.11.2022
U.S. Attorney Damian Williams cited “state-of-the-art cryptocurrency tracing” and “good old-fashioned police work” in the authorities recovering the stolen Bitcoin
CBDCs Could Need Global Regulation, EU Commissioner Says
7.11.2022
Paolo Gentiloni says a series of international agreements might be needed to stop state-backed digital currencies from infringing sovereignty
Crypto Exchange Binance Dumping All FTX Tokens on Its Books — CEO Cites ‘Recent Revelations’
7.11.2022
Binance is dumping all of its FTX token (FTT) holdings “Due to recent revelations that have come to light,” CEO Changpeng Zhao has confirmed. “Regarding any speculation as to whether this is a move against a competitor, it is not,” he added. “Our industry is in...
SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors
6.11.2022
The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million in bitcoin. SEC Says ‘Trade Coin Club’ Is a Crypto Ponzi Scheme...
Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’
6.11.2022
Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way “the irreparable...
Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson
5.11.2022
The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement to “clamp down on illegal foreign exchange operations.” In addition...
OCC makes its staff available for fintech-related discussions
4.11.2022
The announcement of one-on-one discussions with the OCC followed the department saying it planned to establish an Office of Financial Technology starting in 2023