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EU-Funded Report Calls for Crypto ID Checks, Police Training to Combat Darknet Markets
12.4.2023
Law enforcement can learn how to track illicit activity, but outright crypto bans aren’t effective, a report commissioned by the EU's monitoring body for drugs concluded
Former BitMex CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
7.4.2023
Hayes wants Maelstrom Capital to outperform bitcoin and ether, which won’t be easy
New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’
7.4.2023
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured...
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
6.4.2023
Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury secretary, told reporters that she was closely...
Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left
5.4.2023
Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an economy with no buyers, the only hedge will...
'Shark Tank' Star Kevin O'Leary Calls Litigating Your Crypto Regulator 'Really Stupid'
5.4.2023
In Coinbase's case, O'Leary said, it would be "better to sit down and work it out" with regulators, and if a "U.S. regulator doesn't want staking or lending, so be it."
Pro Street Fighter V Player Calls Out Major Tourney’s Crappy Setup
4.4.2023
The Evolution Championship Series, typically referred to as just EVO, wrapped up its Japanese circuit this weekend. There was a lot to get hyped for during the tournament, including the epic Guilty Gear Strive sets and the nail-biting Tekken 7 matches. However, one thing that most competitors...
FTX EU opens withdrawal, Elon Musk calls for AI halt, and Binance news: Hodler’s Digest, March 26–April 1
1.4.2023
FTX Europe opens withdrawal for European customers, a petition seeks to halt AI development, and Binance is sued by U.S. authorities
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
29.3.2023
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were...
Ethereum Price Prediction as CFTC Chief Behnam Again Calls ETH a Commodity – Can ETH Overtake Bitcoin?
29.3.2023
The price of Ethereum has gained by 5.5% in the past 24 hours, on a day when the cryptocurrency market appears to have shaken off the jitters caused by the CFTC charging Binance with a variety of compliance violations.
ETH is now up by 11% in the last 30 days and by 52% since the beginning of...
Bobby Kotick Calls Out PlayStation In Email To Whole World
29.3.2023
As we grow closer to the finish line in the months-long struggle for Microsoft to buy Activision Blizzard, things are getting tense. Governments are getting involved, weird promises are being made and the people at the centre of it all—like Activision CEO Bobby Kotick—sound like they’re starting...
Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’
28.3.2023
In a blog post, Changpeng Zhao wrote that the company did not agree with “the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts
CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification
27.3.2023
The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin
Coinbase CEO calls for action in electing pro-crypto lawmakers following SEC Wells Notice
23.3.2023
Brian Armstrong urged crypto proponents to "contact their congressman, donate to pro-crypto candidates, show up at town halls" in an effort to achieve clear rules for crypto
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
22.3.2023
According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make...
U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
21.3.2023
Sen. Elizabeth Warren (D-Mass.) and another prominent colleague urged the U.S. auditing watchdog to take action against “sham audits” of crypto companies, citing the contribution of such audits to the recent stresses in the U.S. banking system
CryptoUK calls on regulators to address de-banking of digital asset firms
21.3.2023
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”
IRS calls for public feedback on taxing NFTs as collectibles
21.3.2023
Those wishing to offer feedback to the IRS on having NFTs treated as collectibles such as coins or works of art have until June 19 to submit comments
Florida gov and US presidential hopeful calls for CBDC ban
20.3.2023
"What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a 'Big Brother’s Digital Dollar' podium