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Alabama Securities Regulator Shuts Down 97 Fraudulent Cryptocurrency Trading Websites
20.11.2021
The securities regulator of the U.S. state of Alabama has issued a cease and desist order against Acoin Trading and 96 other cryptocurrency websites. The crypto investment schemes promise “excessive returns,” report “fictitious account values,” and impose...
Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
20.11.2021
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative...
10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Bill
20.11.2021
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency...
Bitcoin bulls in City Hall: Meet America’s crypto mayors
20.11.2021
A wave of political goodwill and support for Bitcoin is building up. Is this just hype, or will there be long-lasting support for crypto?
Ruling South Korean Party Makes Pro-Crypto Policy U-Turn
20.11.2021
The head of the ruling Democratic Party in South Korea has promised to make a dramatic U-turn on crypto policy, claiming that “the time has come” for the government to stop regulating crypto and start “fostering” the industry....
Read More: Ruling South Korean Party Makes Pro-Crypto Policy U-Turn
Manchester City officials sign and suspend partnership with mysterious crypto firm within a week
19.11.2021
It is unusual for an organization such as a Premier League football club to publicly announce a partnership with a relatively unknown company in the crypto space and then quickly back out without explanation
Is US politics divisive enough to make crypto a partisan issue?
19.11.2021
While no longer the leader of the Democratic Party, Hillary Clinton's comments on crypto could have the potential to create more partisanship among lawmakers regulating digital assets
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev
19.11.2021
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge
A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
19.11.2021
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week....
Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry
19.11.2021
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create...
India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report
19.11.2021
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only...
Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
19.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News
IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto
19.11.2021
America’s central tax body, the Internal Revenue Service (IRS) has stated that it expects crypto worth billions of dollars could be seized again next year.
Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as stating:
“I expect a trend of crypto seizures to continue as we move...
Hillary Clinton Argues Crypto Could Destabilize Nations, Currencies
19.11.2021
Former US Secretary of State and Democratic presidential candidate Hillary Clinton has joined the ranks of political leaders who seem worried about cryptocurrencies’ potential impact on nations - claiming they had the power to destabilize nations and their currencies.
Speaking via video at a panel...
RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies
19.11.2021
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in
US lawmakers introduce bill to 'fix' crypto reporting requirement from infrastructure law
18.11.2021
The bill proposes pushing back the mandated reporting requirements to 2026 as well as changing the definition of broker
India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency
18.11.2021
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the Modi government is working on a regulatory framework for cryptocurrencies in India. India’s...
Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News
18.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News
NFTs Still Face Legal Challenges, But More Clarity Expected Soon
18.11.2021
Non-fungible tokens (NFTs) are currently facing some legal challenges, but more clarity on how the digital collectibles will be treated from a regulatory standpoint could be coming soon, panelists at a virtual seminar hosted by crypto tracking website CoinGecko agreed....
Read More: NFTs Still Face...
Modi Says Bitcoin in the ‘Wrong Hands’ Can ‘Spoil Our Youth’ as India Readies a CBDC
18.11.2021
The world of crypto has been left bemused (and in some cases thoroughly amused) by unexpected comments made on bitcoin (BTC) and crypto regulation from the Indian Prime Minister Narendra Modi.
In a virtual address at the Sydney Dialogue, Modi stated that “democratic nations should work together...