Search
Serbia Legalizes Digital Assets Trading and Issuance
30.12.2020
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week
Democracy Demands a Say in the Future of Money
30.12.2020
The U.S. Treasury’s decision to impose know-your-customer rules to private cryptocurrency wallets is flawed in more ways than one
BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
30.12.2020
Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs
CBDCs: An Idea Whose Time Has Come?
30.12.2020
Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?
Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
30.12.2020
Ripple and the SEC will meet over video call, according to a court order from the US District Court of the Southern District of New York
New York Approves Its First Publicly Available Japanese Yen Stablecoin
29.12.2020
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the public.” To date, the regulator has given out 27 charters and licenses...
What Are Stablecoins?
29.12.2020
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price
File comments against new crypto FinCEN rule, Coin Center leader urges
29.12.2020
The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal
Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit
29.12.2020
The announcement came hours after Coinbase and OKCoin took similar actions
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
29.12.2020
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities
Crypto Players Plea for More Opposition to FinCEN Regulation Proposal
29.12.2020
Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). The proposal seeks to require crypto operators to abide by regulations used to police...
India Mulls Imposing 18% Tax on Bitcoin Transactions
29.12.2020
The move is viewed by some as a sign the Indian government is warming up to cryptocurrencies
Coinbase to Suspend XRP Trading Following SEC Suit Against Ripple
28.12.2020
Coinbase said it will suspend trading of XRP, the cryptocurrency at the heart of an SEC lawsuit against Ripple Labs
OKCoin to Suspend XRP Trading and Deposits on January 4
28.12.2020
OKCoin said it will suspend XRP trading and deposits on its crypto exchange, effective on January 4, 2021, according to its statement on Monday afternoon. The exchange specified two key dates along the suspension timeline. “At 3 a.m. UTC time on January 4, the exchange’s users who have...
SEC Obtains Emergency Asset Freeze Against Virgil Capital
28.12.2020
Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
Shark Tank’s Kevin O’Leary Warns Regulators Will Come Down Hard on Bitcoin — ‘It Will Be Brutal’
28.12.2020
Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, has warned about regulators coming down hard on bitcoin. In addition, he says that “even if bitcoin were to go up another 2,000%, it’s completely irrelevant to institutional clients.” Kevin O’Leary Warns...
Israelis Must Now Disclose Crypto Holdings: Report
27.12.2020
Dozens of Israelis who own digital currencies have recently received notification telling them they must fully disclose their assets for taxation purposes
DLT Regulation in 2020: Backwards or Sideways?
27.12.2020
Regulators are no longer standing on the sidelines of distributed ledger innovation, says Gibraltar’s Minister for Digital and Financial Services
SEC Lawsuit: Tierion to Refund Investors From Its $25 Million Token Sale
27.12.2020
The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token....