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Government Official Updates Progress of India’s Cryptocurrency Law
4.8.2020
A government official has reportedly confirmed that a “note” regarding the legal framework for cryptocurrency in India has been forwarded to related ministries for inter-ministerial discussions. It would then be presented to the cabinet for approval. Status of Indian Crypto Bill...
First Mover: As Fed Nears Inflation Rubicon, Analysts See $50K Bitcoin in Play
4.8.2020
The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin
Bitcoin Will Get Stronger After Crisis, Says US Congressman Emmer
4.8.2020
United States Representative Tom Emmer is confident about the bright future of Bitcoin and blockchain technology
The ICO Collapse Taught Projects How to Avoid Reprisals, MEW Founder Says
4.8.2020
The collapse of the initial coin offerings provided invaluable lessons on how to avoid a similar fate, MEW’s Kosala Hemachandra says
INX Scales Down US IPO Target to $127M – Still Set to Be Crypto’s Largest
4.8.2020
The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date
Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money
4.8.2020
A former vice president of the Bank of China has argued that digital currency should replace fiat in the nation's financial systems
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
4.8.2020
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector
French Judge Orders Trial of Alleged BTC-e Operator Alexander Vinnik
4.8.2020
Vinnik will reportedly face charges including defrauding more than 100 people in six French cities from 2016 to 2018
Judge Orders Trial in France for Alleged BTC Launderer Alexander Vinnik
4.8.2020
Alexander Vinnik, the Russian national accused of laundering 300K Bitcoin through crypto exchange BTC-e, may now face trial in France
Number of Active Crypto Traders in Japan Decreased Mid-COVID
4.8.2020
A report updated by Japan’s self-regulatory body JVCEA shows the number of active crypto traders in the country decreased in March
Four-Year Anniversary of Bitfinex Hack, and $12M of Stolen BTC Moved
4.8.2020
Hackers transferred roughly $12M from wallets connected to the Bitfinex breach, in which 120,000 Bitcoin was stolen in August 2016
Russian Government Bans Anonymous Wallet Deposits
3.8.2020
Lawmakers contend that the Russian government’s intent is to curb illicit financial activity
Zephyr Teachout: Take Back the Economy From Economists
3.8.2020
Law professor Zephyr Teachout discusses the recent antitrust hearings, how power impacts privacy and the "parallel governments" that Big Tech has created
Huobi Joins Japan STO Association Along With MUFG And 10 Other Players
3.8.2020
Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings
Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
3.8.2020
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto
Travel Management Firm CWT Pays Out $4.5M in Bitcoin After Ransomware Attack
3.8.2020
The U.S. firm paid out a ransom of 414 bitcoin after its corporate files were locked up in a ransomware attack
Where FATF Crypto Compliance Gets Interesting: Africa
3.8.2020
Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards
Travel Management Company CWT Pays $4.5M Bitcoin to Hackers
3.8.2020
Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data
China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains
2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...
Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week
2.8.2020
Check out this week’s Bad Crypto podcast