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UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach
12.1.2021
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus...
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
12.1.2021
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....
GemCoin Founder Sentenced to 10 Years for $147M Crypto Scheme
12.1.2021
The judge scheduled a restitution hearing for victim investors this summer
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
11.1.2021
Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax
Bitcoin's recent correction could be retail-driven, Nexo CEO speculates
11.1.2021
Price retracements in bull markets can occur amid an overall macro-bullish backdrop
Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox
11.1.2021
The Singapore-based Propine emerged from the MAS regulatory sandbox with a Capital Markets Services License, and authorization to begin offering digital asset services to institutions
Chinese Bank Trials Digital Yuan Services at ATMs: Report
11.1.2021
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen
Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating
11.1.2021
The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider
UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams
11.1.2021
The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose "all their money."
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme
11.1.2021
The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to...
Economist Discusses What Would Happen if the Masses Ditch Fiat Currencies for Bitcoin
10.1.2021
American economist Brian Wesbury has shared his thoughts on what would happen if the masses were to ditch fiat currencies and adopt bitcoin instead. He discussed whether the government would allow it to happen and how bitcoin can become a true currency. Economist Brian Wesbury Answers Question...
Bitcoin Mining in 2021: Growth, Consolidation, Renewables, and Regulation
9.1.2021
Bitcoin (BTC) mining has had a couple of less profitable years. After the highs of late 2017 and early 2018, profitability declined by March 2020 to as little as USD 0.0693 per day for every 1 THash of mining power (having been USD 3.139 in January 2018).
However, with the bull market of late 2020...
Donald Trump Banned From Twitter in Final Days of Presidency
9.1.2021
Twitter has banned Donald Trump's account (@realDonaldTrump) permanently just days after supporters broke into the Capitol Building, citing a review of recent tweets that the social media platform says could lead to further violence
Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto
8.1.2021
Kyrgyzstan's central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments
Internet Shutdowns Cost India $2.8B in 2020: Report
8.1.2021
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions
Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
8.1.2021
After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts
Tron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters
8.1.2021
A legal non-profit accuses the platform of failing to moderate accounts and allowing extremists to collect donations
South Korean Government to Start Taxing Crypto Trading Profits in 2022
8.1.2021
The South Korean government has issued an amendment to introduce tax on cryptocurrency trading profits. The plan is now a reality after several attempts to delay it by lawmakers. New Rules Impose 20% Tax on Crypto Profits Per Asia Today, the legislative notice details that the amendment will...
US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit
8.1.2021
The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne
As BTC Continues to Soar Finland Wants to Cash in on Bitcoins Seized in 2016
8.1.2021
Finland’s customs officials have revealed plans to sell 1,981 bitcoins that were seized mainly in connection with drug trafficking-related criminal investigations. The majority of the confiscated bitcoins (1,666) are from the Douppikauppa case, the darknet operator who was arrested in 2016....