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Is Ether a Security?


Last Thursday morning, I wondered whether I needed to write a follow-up piece about Silvergate Bank. On Thursday evening, I wondered whether my main topic should instead be about ether potentially being a security. And then, obviously, some things happened

Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator


The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of Financial Services, the regulator that took possession of the troubled bank on Sunday. The financial watchdog insisted that its decision to put Signature Bank in receivership...

Bruno Casino: Play Online Slot Games (Free Or Real Money) 2023


Bruno Casino is a state-of-the-art, high-tech casino with the latest games  developed by the best experts in the business. They have been playing at various online casinos for many years. They have a lot of accumulated gaming experience. They know … Continued The post Bruno Casino: Play...

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation


A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced...

Silicon Valley Bank Shuttered by State Regulators


Silicon Valley Bank was shuttered by the California Department of Financial Protection and Innovation on Friday, marking the second bank to shut down within days. The startup-focused bank counted a number of major crypto venture capital firms as clients

Iran’s Crypto Rial Project Enters Trial Phase


The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank announced. The authorities in Tehran plan to expand the use of the state-backed currency and integrate it into Iran’s payment system. Iranian Government Prepares...

China’s Wechat Adds Support for Digital Yuan Payments


Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage of fast payments with the digital currency issued by the People’s Bank of China. Wechat Pay Follows Alipay...

Silvergate's Collapse May Spell Regulatory Trouble for Crypto


Silvergate Bank had a really rough week, to the point where a not-insignificant number of people were waiting for the Federal Deposit Insurance Corporation (FDIC) to announce the bank had entered receivership after close of business Friday

Pakistan Banks to Use Blockchain Technology for KYC


Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and self-regulated...

Prosecutors’ Case Against FTX’s Sam Bankman-Fried Becomes Clearer


Federal prosecutors have shared more information about their case against FTX founder Sam Bankman-Fried. Between two new indictments and civil suits against another former FTX executive, we now have a much clearer picture about what the Department of Justice thinks it has

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies


The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...

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