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US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval
4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...
Avanti CEO calls on SIM swap victims to resurrect Wyoming bill
3.12.2020
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry," said Caitlin Long
SEC Makes FinHub a Stand-Alone Office
3.12.2020
The reorganization strengthens FinHub's hand in addressing the digital assets space
Why Stablecoins Are the First Battleground of the Coming Crypto Regulation Wars
3.12.2020
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry
Everyone's talking crypto for solving sub-Saharan Africa's payments problems
3.12.2020
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth
What does VCOIN's SEC authorization mean for securities law and crypto?
3.12.2020
The latest in securities law and crypto is not a revolution but it is a step forward
The Australian Senate just voted to kill the $10,000 'cash ban' bill
3.12.2020
A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate
US lawmakers seek to make stablecoins illegal without federal approval
3.12.2020
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
3.12.2020
“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner
Ripple CEO Walks Back Threat to Leave US
3.12.2020
Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit
US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
2.12.2020
Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S
Report: 33% of US Based ICO Investors Say Founders Intentionally Deceived Them or Withheld Key Information
2.12.2020
A survey conducted by Xangle Research finds that a third (33%) of respondents say founders of an initial coin offering (ICO) in which they invested either intentionally deceived them or withheld key information. A further 17% of the responding ICO investors say they did not know if they had been...
Ukraine’s Draft Crypto Bill Passes First Parliamentary Hearing
2.12.2020
Ukraine's parliament has approved the first version of a draft cryptocurrency bill, bringing regulation of the industry a step closer
Crypto.com Secures Australian Financial Service License
2.12.2020
Crypto.com has secured an Australian Financial Service License through its acquisition of The Card Group
Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
2.12.2020
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. Sberbank’s Crypto Plans...
Bitcoin lacks market integrity, says former Trump economic adviser
1.12.2020
“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president
Why Europe Bests the US at Attracting Crypto Startups
1.12.2020
The EU has created a common framework for regulating crypto across the economic bloc. The U.S. is still working out its approach
Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC
1.12.2020
Russian banks and financial brokers are worried the digital ruble will be a burden for them
Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered
1.12.2020
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims...