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SEC Files Emergency Action Against Organizer of ‘Fraudulent’ $15 Million ICO
13.8.2019
The SEC is seeking to freeze the assets of Reggie Middleton, organizer of the $14.8 million Veritaseum (VERI) ICO
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
VeChain Price Analysis: Amidst The Sluggish Action, The Foundation Launched Its Selective Token Listing Platform OceanEx GO
10.8.2019
On July 16, VeChain price was trading around 0.005487 USD. However, today after 25-days, the cryptocurrency has fallen by a margin of 9.27%. In the weekly trading as well, the crypto has gone down by 10.12% from the level of 0.00554156 USD on August 04. However, yesterday, VET coin has traded...
Disgruntled Bitcoin Investor Brings $22.5M Class Action Suit to Israeli Bank
9.8.2019
A Bitcoin investor is filing a multimillion-dollar class action suit against a bank that refuses to accept Bitcoin-financed deposits
Regulators File Cease and Desist Against Craigslist Scam Promising 900% Crypto Returns
8.8.2019
Since launching a sweeping investigation of the crypto industry, the Texas State Securities Board has filed 24 administrative orders
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules
30.7.2019
Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse
Bitcoin Vs. Ethereum Price Analysis: Amidst the Sluggish Action, Both Coins Show Stability as of Now
27.7.2019
The Indian government official who headed the committee drafting the cryptocurrency bill and recommended for banning cryptocurrencies has applied for voluntary retirement. The sudden retirement is questioning; however, in the meantime, the crypto community has discredited the recommendations. Also...
SEC Clears Blockchain Gaming Startup to Sell ‘Quarters’ Tokens
26.7.2019
The SEC has issued a no-action letter to Pocketful of Quarters (PoQ), a gaming startup looking to issue tokens on ethereum
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Central Bank Executives Of Europe Demand Rapid Regulatory Action For Facebook’s Libra
8.7.2019
Facebook’s ambitious and much-talked-about cryptocurrency Libra never fails to keep the crypto community abuzz. Whether it is about its whitepaper release or regulatory concerns, Libra is almost always in the news. The latest update doing the rounds, as reported by Bloomberg on 7th July 2019,...
European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra
7.7.2019
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure
Modi Discussed Crypto Standards at G20 Summit – A Look at How They Apply to India
3.7.2019
India’s Prime Minister Narendra Modi participated in discussions on crypto assets at the G20 leaders’ summit in Osaka, Japan. At the conclusion of the summit, the leaders of the G20 countries jointly declared their commitment to applying the crypto standards set by the Financial Action...
V20 Summit Concludes With Promises for Crypto Industry
30.6.2019
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. A group of national crypto associations aims to engage with government agencies...
Why Bitcoiners Are Turning to Unschooling for Decentralized Education
29.6.2019
Unschooling is an alternative education movement quickly gaining popularity and currency worldwide. Like Bitcoin, it is an individualist approach to an area of human action long thought to be established beyond question―education. Both cryptoeconomics and unschooling seek to provide autonomy...
How to Keep Bitcoin Cash Transactions Private
28.6.2019
There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin.com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto...
PR: New FATF Rules See VASP Industry Convene for V20 Summit
26.6.2019
As the Financial Action Task Force (FATF) prepares to roll out a new set of rules to increase reporting requirements on cryptocurrency transactions at the G20 Leaders’ Summit this month, a collective of international industry associations have led an initiative to convene Virtual Assets Service...
Enforcement of Updated Crypto Guidelines From FATF Has Far-Reaching Implications
25.6.2019
The FATF (Financial Action Task Force) has revealed updated guidelines that would require cryptocurrency and digital asset exchanges—and potentially independent business owners and crypto holders—to share sensitive customer information as VASPs (Virtual Asset Service Providers)...
FATF Releases Global Standards for Crypto Assets
22.6.2019
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...