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Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony
CFTC Seeks Industry Advice on Blockchain Applications
22.7.2020
The commission’s technology advisory committee made several presentations on various blockchain applications including CBDCs and digital tokens during a four-hour-long remote meeting last Thursday
AMFEIX Investors Raise Concerns About Massive Pending Withdrawal Requests
22.7.2020
Investors tell us that something has gone wrong within a once-hot crypto company
Can Compliance and AML Software Improve Cryptocurrency Business Sustainability?
22.7.2020
Cryptocurrency businesses are facing increasing challenges as new regulations are introduced globally, which is changing the face of the industry and forcing companies to search for effective solutions
Banks in US Can Now Offer Crypto Custody Services, Regulator Says
22.7.2020
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers
US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks
22.7.2020
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets
Tech Like CBDCs Central to Senate Hearing on China-US Competition
22.7.2020
Senate looks at tech and innovation, including CBDC development, as critical area within rising tensions with China
Cryptopia Creditor Issues Legal Notice to Liquidator Over Alleged Failures, Fees
22.7.2020
Blockchain firm GNY has sent a legal notice to Grant Thornton New Zealand over alleged high fees and failures to properly address its claim
Cryptocurrencies Could Undermine Obsolete Laws, Says Cybersecurity Expert
22.7.2020
According to Pavol Luptak, “cryptocurrencies or crypto markets may undermine government laws and regulations that are obsolete for the 21st digital century.”
Russian Lawmakers Finally Pass Country’s Major Crypto Bill
22.7.2020
Russia’s newly passed crypto bill finally provides a legal status to crypto, but does not allow it to be used as a payment method
US Lags Behind Other Nations Regarding CBDCs, Says Former CFTC Commissioner
22.7.2020
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC
Chinese Supreme Court Favors Strengthening Cryptocurrency Property Rights
22.7.2020
China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data
Google, Twitter and Facebook Face $600M Lawsuit Over Crypto Ad Bans
22.7.2020
The corporate giants could soon face the wrath of cryptocurrency business owners in a lawsuit over the banning of crypto advertising in 2018
Coinsquare Exchange Execs to Resign Over Wash Trading Scandal
22.7.2020
In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades
South Korea Finalizes Cryptocurrency Income Tax of 20%
22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading
China’s Supreme Court Calls for Better Protection of Digital Currency Rights
22.7.2020
A new guideline comes amid rising numbers of legal disputes in China over the ownership of digital currencies like bitcoin
Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring
22.7.2020
The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege
YouTube: We’re Not Liable for Crypto Scams
22.7.2020
Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability
Coinsquare’s Leadership Forced Out After Wash Trading $5.5B
22.7.2020
The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission
ERX Gets License to Launch Exchange in Thailand
21.7.2020
Thailand’s securities watchdog has granted a digital assets exchange license to Elevated Returns’ ERX trading platform