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South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Brazilian gov't gets help from US Justice Department to seize $24M in crypto
5.11.2020
The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.”
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
Cryptocurrency CEO Donated Second-Largest Amount to Joe Biden’s Campaign
5.11.2020
Sam Bankman-Fried, the CEO of cryptocurrency derivatives platform FTX, made the second-largest donation to Joe Biden's presidential campaign
Pro-Bitcoin candidate wins Wyoming senate seat
5.11.2020
Cynthia Lummis first bought Bitcoin back in 2013
US Seizes $24M in Crypto as Part of Brazilian Probe of $200M Fraud Scheme
4.11.2020
The seizure was made after a request from Brazil for help with a large cryptocurrency fraud scheme
Court Enters $900K Judgment Against Crypto Ponzi Scammer on Behalf of CFTC
4.11.2020
Venture Capital Investments Ltd. raised $534,829 from 72 victims, falsely promising to invest funds in bitcoin and other assets
Binance Recovers $344K From DeFi ‘Exit Scam’ That Launched on Its Platform
4.11.2020
Cryptocurrency exchange Binance says it followed the money trail left by the Wine Swap exit scam and recovered nearly all the stolen funds
Bitcoin Drops as Trump Threatens to Stop Vote Counting
4.11.2020
Bitcoin fell after President Trump alleged "fraud” in the presidential election and pledged to stop vote counting
LIVE: CoinDesk Covers the 2020 US Election and Crypto Impact
4.11.2020
CoinDesk is covering Election 2020 live, with real-time analysis of its impact on the crypto space
Here Are the 2020 US Election Races Crypto Should Watch
4.11.2020
Lawmakers who are important to the crypto industry are on the ballot this year. CoinDesk is tracking these races for Election 2020
Investors fight to keep Bancor securities case out of Israeli court
3.11.2020
“Defendants say, in passing, that Israel is the more appropriate forum, but fail to provide any supporting detail,” stated lawyers in the class-action suit
South Korean financial watchdog to ban privacy coins
3.11.2020
Virtual asset service providers in the country will not be allowed to handle “dark coins.”
SEC Changes Rules, Making Fundraising Easier for Crypto Firms
3.11.2020
The U.S. Securities and Exchange Commission (SEC) has amended some exemption rules, making it easier for crypto companies to raise funds. The rule changes raise fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings. SEC’s New Rules Allow...
US Bitcoin Mining Firm Layer1 in Legal Tussle Over Power Plant Ownership
3.11.2020
Layer1 Technologies is facing a lawsuit from a co-founder who claims he invested millions of dollars and was then forced out of the firm
Shanghai Stock Exchange Pauses Ant Group IPO Over Regulatory Concerns
3.11.2020
The Shanghai Stock Exchange has suspended Ant Group's A-share IPO on its Star Board due to significant changes in the regulatory environment
The Crypto Industry Remains Mostly Unengaged in Election 2020
3.11.2020
The cryptocurrency industry did not get heavily engaged in this year’s election, either via donations or lobbying
Hong Kong Amends Crypto Law to Regulate All Exchanges
3.11.2020
Cryptocurrency regulation in Hong Kong is undergoing changes. The Securities and Futures Commission (SFC) is reportedly introducing a new licensing system to regulate all crypto exchanges operating in Hong Kong. Hong Kong’s New Crypto Regulation The CEO of the SFC, Ashley Alder, talked about...
Bitcoin’s Implied Volatility Rises Ahead of US Election
3.11.2020
The bitcoin options market looks to be predicting a pick up-in price volatility following the U.S. presidential election