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Brazil to Rule on Probe Into Banks’ Rejection of Crypto Firms
20.5.2020
Brazil’s national competition regulator is about to decide the fate of its investigation of whether some of the largest banks in the country illegally refused to bank local crypto brokers
Facebook’s Toothless Oversight Board Has Lessons for Blockchain
20.5.2020
Facebook's new "oversight" board includes impressive names, but its formal powers are necessarily limited. There are learnings for blockchain governance
US Military Is Falling Behind China, Russia in Blockchain Arms Race: IBM, Accenture
20.5.2020
The U.S. Department of Defense can’t afford to lose the global military blockchain race to Russia and China, warns a new private sector whitepaper
A Former Coinbase Lawyer Is About to Become Acting Head of US Bank Regulator
20.5.2020
Brian Brooks, a former Coinbase lawyer and the No. 2 at a U.S. banking regulator, may soon take the top job – at least, temporarily
Iran Moves to Restrict Crypto Exchanges Under ‘Currency Smuggling’ Laws
19.5.2020
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran
Ukraine Arrests Hacker Accused of Selling Personal Data, Crypto Wallet Info
19.5.2020
Ukrainian police have arrested a hacker who allegedly sold 773 million email addresses, along with passwords, bank PIN codes and cryptocurrency wallets
Libra Taps Another Former FinCEN Official as General Counsel
19.5.2020
Robert Werner is the second former FinCEN staffer to join the Libra Association this month
Block.one Failed to Decentralize EOS, Argues New Securities Fraud Lawsuit
19.5.2020
The plaintiffs – a crypto fund and an individual investor – are seeking compensatory damages from Block.one and other defendants
Nvidia Disguised $1B in ‘Fickle’ Crypto Mining Sales as Gaming Revenue, Lawsuit Claims
19.5.2020
An amended lawsuit accuses the chip maker of concealing $1 billion in graphics processing unit sales to crypto miners to downplay risk to long-term profits
EU Supercomputers Hijacked From COVID-19 Research to Mine Cryptocurrency
19.5.2020
A number of supercomputers programmed to search for a vaccine for the coronavirus were remotely hijacked last week using stolen credentials
The American Empire Is in Decline. Time for a New Economic System
18.5.2020
From debt to inequality, the U.S. economy looks like a 1930s disaster waiting to happen. No wonder gold-bugs and Bitcoiners are feeling vindicated
Winners and Losers in the US’s $1,200 Check Blitz
18.5.2020
Wealth and age determine when and how 250 million Americans get their stimulus payments, says our columnist J.P. Koning
Where Bitcoin Fits in the New Monetary Order
15.5.2020
The third part of The Breakdown’s Money Reimagined series looks at the role of bitcoin and USD stablecoins in the new global monetary order
Money Reimagined: No, Secretary Summers, Money Privacy Is a Vital Freedom
15.5.2020
Responding to Larry Summers at Consensus: Distributed this week, Michael Casey argues that money needs more privacy, not less, and that, ultimately, our rights as financial citizens are at stake
Visa Patent Filing Would Allow Central Banks to Mint Digital Fiat Currencies Using Blockchain
15.5.2020
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency
50-Year-Old Australian Woman Charged With Unlawfully Exchanging Over $3M in Bitcoin
15.5.2020
The woman is believed to be involved in a crypto money-laundering syndicate, according to a report
Aggrieved Investors Mull Suing Telegram Over Canceled TON Blockchain Project
14.5.2020
Some backers of the now-shelved TON blockchain project are in talks to sue Telegram over their refund structure
Polymath Eyes June Testnet Launch for New Blockchain Designed for Security Tokens
14.5.2020
The firm is soon to launch the first test network for its new blockchain designed to bring new safeguards for financial institutions working with security tokens
Telegram’s TON Was Built on Sand. Its Failure Isn’t All Bad For Crypto
14.5.2020
Telegram's Pavel Durov rails against the SEC's "ossification." But his TON project was always on shaky ground legally-speaking, says Preston Byrne
Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations
14.5.2020
The Proof of Stake Alliance has released a set of recommendations for entities securing a proof-of-stake network to avoid drawing the ire of regulators