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Ray Dalio: Bitcoin is “gold-like” but governments won’t let it win
29.1.2021
The hedge fund manager had lots of good things to say about Bitcoin, but he doesn't think governments will allow serious competitors to their money issuance
Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
29.1.2021
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues...
US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...
US Congress Plans Hearings on GameStop Market Pumps
28.1.2021
While Congress is planning multiple hearings, it's less clear what financial regulators might do
Bitcoin and Inflation: Everything You Need to Know
28.1.2021
The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?
Report: Bitcoin Bull Run and Rising Awareness of Digital Currencies Led to a 20% Increase in Crypto Related Lawsuits in China
28.1.2021
A report from China says as many as 872 lawsuits relating to cryptocurrencies were filed in the past year, a figure which is approximately 20% more than that of 2019. Using data obtained from the China Judgment Document Network (CJDN), the report shows that the province of Guangdong had the highest...
OCC Halts Fair Access Banking Rule
28.1.2021
The rule would have prohibited US banks from denying services based on ideological factors
Inside Iran’s Onslaught on Bitcoin Mining
28.1.2021
Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream
Europol, Spanish Police Bust Alleged Scam Posing as Crypto Investment Training Firm
28.1.2021
Europol worked with Spain’s Civil Guard and Catalan police to arrest six suspects aged in connection with the scheme
‘The Squeezening’: How the Gamestop Backlash will Curtail Freedom
28.1.2021
Gamestop's "squeezening" is likely to increase calls for curbs on "memetic disturbances." That could be dangerous for free speech
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
27.1.2021
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday
FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
27.1.2021
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking...
South African Regulator Seeks More Crypto Powers After Alleged Ponzi’s Collapse
27.1.2021
“At the point something becomes a Ponzi scheme, we have lost our jurisdiction,” a regulator told Bloomberg
Lawsuit Against Israeli Crypto Entrepreneur Moshe Hegog Fails in US Court
27.1.2021
A Washington judge threw out the lawsuit after the plaintiff failed to make a case
US Man Sentenced to Prison for Embezzling $20M of ICO Investors’ Funds
27.1.2021
San Francisco-based Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million
Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity
27.1.2021
The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by...
Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
27.1.2021
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance
Bank of England Governor Warns Cryptocurrencies Won’t Last
27.1.2021
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’s central bank said, “I don’t think cryptocurrencies...
Iranian government reportedly moving to block Signal messaging app
26.1.2021
Rumors are circulating in Iran that authorities already have access to messages on WhatsApp, one of the few unblocked platforms in the country
Former Goldman Sachs CEO: If I Were a Regulator, I’d Be Hyperventilating at the Success of Bitcoin
26.1.2021
Former Goldman Sachs CEO Lloyd Blankfein has offered his view on the future of bitcoin. He said if he were a regulator, he would be “hyperventilating” at the success of bitcoin right now and he would be arming himself to deal with it. Lloyd Blankfein Shares His View on the Future...