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Morgan Stanley Strategist: Bitcoin Rising to Replace US Dollar as World’s Reserve Currency
13.12.2020
Morgan Stanley’s global strategist has made a case that bitcoin is making progress towards replacing the U.S. dollar as the world’s reserve currency. “Do not assume that your traditional currencies are the only stores of value, or mediums of exchange, that people will ever...
Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes
12.12.2020
The Bank of France’s deputy governor said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the general public
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...
FinCEN Encourages Banks to Share Customer Information With Each Other
11.12.2020
The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become
Privacy Coin Advocates Persevere Amid Multiple Crypto Exchange Delistings
11.12.2020
As delisting for privacy coins spreads, advocates argue that not only should regulators want them on exchanges but they should tell exchanges what they need to do to be compliant
Women in Tech Say Proposed STABLE Act Harms Those It Claims to Protect
11.12.2020
Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse
Money Reimagined: Bitcoin’s Tug of War as Wall Street Moves In
11.12.2020
As Wall Street buys bitcoin, crypto faces a fight for its soul. On the one side is mainstream acceptance. On the other: its cypherpunk roots
Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners
11.12.2020
The National Superintendency of Crypto Assets (Sunacrip) and the National Electricity Corporation of Venezuela (Corpoelec) signed an agreement to establish guidelines to “improve the development” of bitcoin and other crypto mining activities across the country. Venezuelan Government...
Virgil Griffith Still Doesn’t Know What Exact Crimes He Is Accused of, Attorneys Say
11.12.2020
Attorneys for Virgil Griffith want the U.S. government to specify the charges he’s facing, rather than a broad claim that he violated U.S. sanctions
India’s Banks Are Once More Serving Crypto Traders and Exchanges
11.12.2020
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed
Putin Orders Russia’s Public Officials to Report Crypto Holdings
11.12.2020
Russian civil servants must start reporting their crypto assets as the country's first crypto law comes into force in January
3 Chinese E-Commerce Giants Join China’s Latest Digital Yuan Lottery Trial: Report
11.12.2020
Didi, Meituan and Bilibili are reportedly taking part in the latest test of the digital yuan, allowing lottery winners to spend the digital currency online
New York Attorney General Says Bitfinex, Tether Could Complete Loan Document Handover in ‘Weeks’
11.12.2020
The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided
SEC Enforcement Director to Step Down by End of Year
10.12.2020
Enforcement Director Stephanie Avakian led SEC investigations during the heart of its ICO crackdown
Crypto Friendly CFTC Chairman Tarbert Intends to Resign ‘Early Next Year’
10.12.2020
CFTC Chairman Heath Tarbert intends to leave the role early in 2021, opening the door for President-elect Joe Biden to name a new top commodities regulator
Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto
10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...
How FinCEN Became a Honeypot for Sensitive Personal Data
10.12.2020
Financial data records collected by FinCEN are a valuable tool for law enforcement. They’re also a trove of personal data on people who have not committed a crime
Ukrainian Politician Discloses Owning $24M in Privacy Coin Monero
10.12.2020
The city council member in Kramatorsk, Ukraine, bought 185,000 XMR in 2015 when the cryptocurrency's price was well below $1
Cryptocurrency Founder Charged With Avoiding Tax to Buy Yachts and Homes
10.12.2020
"Bruno Brock" is alleged to have avoided tax on sales of the pearl cryptocurrency as well as minting free tokens for himself
Paxos seeks approval to become fully-regulated crypto bank
10.12.2020
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels