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European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry
21.10.2020
The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does not have the competence to set up and administer such a fund. It also argues...
The Bahamas launches world’s first CBDC, the ‘Sand Dollar’
21.10.2020
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program
US House Speaker ‘Optimistic’ About Reaching a Stimulus Pact: Reports
20.10.2020
Nancy Pelosi said she was “optimistic” after the administration made concessions on coronavirus testing and tracing ahead of a Tuesday evening deadline
The US Risks Getting Left Behind on CBDCs
20.10.2020
The Federal Reserve's “wait and see” approach to digital currency could deprive the U.S. of important fiscal and monetary tools as its rivals move ahead
CBDCs Mean Evolution, Not Revolution
20.10.2020
Central bank digital currencies can help create a more inclusive financial system, says the innovation chief at the Bank for International Settlements
.Crypto Domain Owners Can Now Be Verified With Twitter Accounts for Safer Payments
20.10.2020
The Twitter authentication service lets .crypto domain holders verify address ownership via the MyEtherWallet app
Charity Turns Down Bitcoin Donation from Darkside Hackers
20.10.2020
Hackers who handed out cryptocurrency donations to charities are having a hard time in their bid to "make the world a better place."
Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency
20.10.2020
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central...
Pelosi, Mnuchin Edge Closer to a Stimulus Deal; Agreement Won’t Guarantee Passage
19.10.2020
"The Speaker continues to hope that, by the end of the day Tuesday, we will have clarity on whether we will be able to pass a bill before the election," her spokeswoman tweeted
French Finance Minister throws shade at crypto, praises blockchain
19.10.2020
He stated that he does not “question the reliability and traceability of all blockchain technology,” but denounced crypto
Exploring the landscape of crypto regulations in sub-Saharan Africa
19.10.2020
Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry
Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain
19.10.2020
CBDCs continue to draw attention from central bankers, but panelists at an IMF event – including the Fed Reserve – do not expect to see their nations launch one soon
Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries
19.10.2020
Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI as the world’s worst...
Ex-Coinbase, BitFlyer Lawyer Joins Anderson Kill
19.10.2020
Hailey Lennon joins a team of 10 other lawyers who practice in the space, including Stephen Palley, Preston Byrne, and Bob Cornish
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
19.10.2020
Countries might benefit from issuing central bank digital currencies, but they’re not a panacea for every ailment, a new IMF report says
Digital Ruble Could Be Tool Against Sanctions, Bank of Russia Says
19.10.2020
Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions
Latvian regulators warn public about cryptocurrency fraud
19.10.2020
Crypto remains under-regulated, so Latvian investors need to be extra vigilant, says the FCMC
First Users Not So Impressed by China’s Digital Yuan: Report
19.10.2020
A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay
Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe
19.10.2020
A Puerto Rico-based bank founded by long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
19.10.2020
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations