Search
Anchorage Digital will custody crypto seized by US Marshals
29.7.2021
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage's "stringent processes and procedures" as likely factors in the decision from the federal agency
US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk
28.7.2021
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if we want a solution...
Law professor calls for crypto mining regulation during US Senate hearing
28.7.2021
The St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain
Regulators scrutinizing Tether's commercial paper reserves: Comptroller of the Currency
28.7.2021
Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
28.7.2021
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency...
Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate Cryptocurrencies’ Risks
28.7.2021
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more...
Binance will 'work with regulators' as it expands, says CEO
27.7.2021
“We want to be licensed everywhere,” said Changpeng Zhao
State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect
27.7.2021
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases
Pennsylvania legislature mulls crypto task force bill
27.7.2021
The proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...
Brazilian Authorities Seize $33 Million in Money Laundering Investigation Linked to Cryptocurrency Exchanges
27.7.2021
The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches were...
Africrypt Bitcoin Heist: Contradicting Reports About the Directors Whereabouts Surface
27.7.2021
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports suggest the Cajees brothers had planned their escape prior to the alleged...
IMF issues veiled warning against El Salvador’s Bitcoin law
26.7.2021
Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials
The Tether Put: Crypto Equivalent of Credit Default Swap?
26.7.2021
Cryptocurrency market makers say they're fielding inquiries about how to bet on a falling price for the dollar-pegged stablecoin USDT
Crypto Exchange Self-Regulation Kicks In as Regulators Start to Kick
26.7.2021
Source: Instagram, Binance
It appears that the crypto industry is increasingly turning to self-regulation as the rope of regulators threatens to tighten firmly around it - and the trend hasn't missed a major decentralized exchange either.
Major crypto derivatives exchange FTX CEO Sam Bankman-Fried...
China's crackdown signals an oncoming crypto ban, Bobby Lee says
26.7.2021
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
26.7.2021
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream...
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’
26.7.2021
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related to virtual currencies,” the senator explained. Investigation...
Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
25.7.2021
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use...
81 Countries Are Now Exploring Central Bank Digital Currencies — 5 CBDCs Fully Launched
25.7.2021
Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition, five countries have fully launched their own digital currencies. 81 Central Banks Explore Launching Own Digital...