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US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
Binance back in Malaysia via a strategic stake in regulated digital exchange
2.3.2022
Binance has forged an array of new partnerships with regulated firms, especially in countries where it has found it difficult to get regulatory approval
UAE Property Developer DAMAC to Launch Metaverse Project in March Says Managing Director
2.3.2022
One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said. DAMAC Looking Into NFTs and Metaverse According to Ali Sajwani, the managing...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
1.3.2022
“The new charter will enable us to provide secure, reliable and efficient investment, trading, and custodian services for a wide range of digital assets," said SFOX co-founder Akbar Thobhani
SEC unable to locate BitConnect founder convicted in $2.4B fraud case
1.3.2022
BitConnect founder is being sued for illegally raising funds and defrauding American investors of over $2 billion
US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government
28.2.2022
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
28.2.2022
SEC enforcement director Gurbir Grewal reportedly said the agency wouldn't be ignoring the funds or securities laws violations for crypto companies that come to them
US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect
27.2.2022
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years...
Are crypto and blockchain safe for kids, or should greater measures be put in place?
26.2.2022
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space
DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme
26.2.2022
A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations
Gemini joins Coinbase and Block at the Crypto Council for Innovation
25.2.2022
The crypto exchange declared it spent $120,000 on lobbying activities in the U.S. in the third and fourth quarters of 2021
Crypto could bypass President Biden's 'devastating' sanctions on Russian banks and elites: Report
24.2.2022
“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin," said Mati Greenspan
Russia to seize retail deposits if sanctions go too far, official warns
24.2.2022
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday
BNY Mellon partners with Chainalysis to track users' crypto transactions
24.2.2022
Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions
The 'Nintendo Generation' Have Weak Skeletons, US Army Weirdo Says
24.2.2022
Earlier today, a press release dropped on a Pentagon news service’s website titled Why Today’s ‘Gen Z’ is at Risk for Boot Camp Injuries. It is very funny.Read more
Ubisoft Moves Rainbow Six Tournament After Fans Protest
23.2.2022
Until today, Ubisoft had been planning on holding a “Six Major”, a major competitive event for Rainbow Six Siege players, in Abu Dhabi, capital of the United Arab Emirates. After a massive fan protest on social media, though, the publisher has now decided to move the tournament to another...
Crypto Twitter is not happy with the name and logo of Jamaican CBDC
22.2.2022
The Jam-Dex is named after the Jamaican Digital Exchange following a competition. Its slogan is "no cash, no problem."
UK Law Firm Gunnercooke Says It Now Accepts Crypto Payments
22.2.2022
U.K. law firm, Gunnercooke, claims to be one of the first major law firms in the country to accept crypto payments. Crypto Asset Payments A United Kingdom-based commercial law firm, Gunnercooke, has become the latest practice to accept cryptocurrency as payment for services, a report has said....
CA lawmaker introduces legislation to accept crypto as payment for govt services
21.2.2022
Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption
Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation
21.2.2022
The record-breaking $100-million fine could mark the dawn of a new era for crypto lending platforms