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Indian Police Probe Crypto Exchange and Founders Allegedly Running a Scam
25.9.2020
Delhi police are reportedly investigating a cryptocurrency exchange and its executives allegedly duping Indian investors after receiving multiple complaints. The complainants further say the company has moved office overseas without returning their investments. Police Investigate Crypto Scam After...
China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset
25.9.2020
Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment
IRS Will Make It Harder to Avoid Declaring Crypto on Tax Returns
25.9.2020
The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020
Russian Policy Chief: Crypto Impossible To Regulate, Let's Block It
25.9.2020
The man charged with overseeing Russia’s long-awaited crypto regulations said that new legal amendments will be ready “in about a month” – but hinted that Moscow may now seek to “block” cryptocurrency-related activity rather than police it.
Speaking to media outlet RBC, Anatoly Aksakov, the head...
Chinese State Media Outlets Surprise With Pro-Crypto Reports
25.9.2020
Source: Twitter/@DoveyWan
Chinese crypto advocates have reacted with surprise after a number of state news outlets in the country reported on a positive-spin story that explains how cryptoassets have become the most successful asset class in the year to date.
But the story itself is not exactly...
Major Indian exchange proposes new regulatory framework to avoid crypto ban
25.9.2020
The proposal hopes to avert a blanket ban that some warn would result in the illegal trade of cryptocurrencies
Japanese Exchange Operator FISCO Doubles Down on Crypto with New Plans
25.9.2020
Japanese financial news service provider and crypto operator FISCO is set to expand its crypto operations, find new uses for its token, begin staking services and start providing software for online shareholder meetings using blockchain-powered voting technology.
Per Coin Post, FISCO, which...
100M people worldwide now use crypto-based assets, says Cambridge study
24.9.2020
Skyrocketing figures show crypto’s growing global dominance.Skyrocketing figures show crypto’s growing global dominance
Israeli Draft Bill Would Nix Hefty Capital Gains Taxes on Bitcoin
24.9.2020
The draft bill would define bitcoin and other cryptos as "currency" instead of an "asset" for tax purposes
Congress sees two new bills looking to chart CFTC and SEC regulatory turf in crypto
24.9.2020
A big day for crypto legislation in the United States
Fintech Firm Fasset to Launch Zero-Trade Fee Crypto Trading Platform for Countries in the Gulf Region
24.9.2020
Announced on Thursday, the Fasset Exchange (FEX) is open for private beta enrollment and is planning a public launch later this year
Bitcoin OTC Crackdown, Wrapped ETH on Tron, XRP Ledger Foundation + More News
24.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
China is clamping down on over-the-counter (OTC) crypto trading over money-laundering suspicions, per ChainDD. The media outlet...
A New Bill Proposes to Put US Crypto Exchanges Under a National Framework
24.9.2020
The Digital Commodity Exchange Act would bring crypto exchanges into a single federal framework, overseen by the Commodity Futures Trading Commission
Blockchain Bites: MakerDAO’s Do or Dai Moment, Bitcoin in Africa, Dollar Trends Up
24.9.2020
MakerDAO has voted not to compensate victims of the "Black Thursday" flash crash, a former Pantera partner is launching a new crypto-focused fund and bitcoin may be headed to the doldrums as the U.S. dollar rises
Chainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?
24.9.2020
After reaching an all-time high of $19.20 on August 14, the Chainlink token now trades lower after losing more than 50% in value in just over a month. The token, which briefly overtook Bitcoin Cash as the fifth-ranked crypto in market capitalisation terms, was ranked 9th on Markets.Bitcoin.com...
EU Goes for Crypto Regulations Slam Dunk
24.9.2020
Valdis Dombrovskis (on the left), Executive Vice-President for an Economy that works for People at the European Commission. Source: a screenshot, Instagram/vdombrovskis
The EU has set out plans to regulate cryptoassets, including provisions for stablecoins – with crypto exchanges active in...
Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report
24.9.2020
The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities
Why Top Global Brands Like the NBA and UFC Choose Dapper Labs’ Flow Blockchain
24.9.2020
Developed by the team behind some of the most successful crypto applications in the world, Flow is a blockchain re-designed from the ground up to be user- and developer-friendly as well as modular and future-proof. The network is already being used to develop digital collectibles offerings for...
European Commission adopts digital finance package for crypto and blockchain
24.9.2020
Europe is one step closer to getting a concrete legal framework for digital finance
Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’
24.9.2020
Paul Brodsky is helming a new crypto investment firm called PostModern Partners that bets on volatile digital assets, not bitcoin