Longfin CEO agrees to a $400,000 settlement in a long-running fraud case with the Securities and Exchange Commission. The United States Securities and Exchange Commission (SEC) announced that it has agreed to a settlement with the CEO of purported cryptocurrency company Longfin in a statement, Jan. 3. Venkata Meenavalli agreed to pay $400,000 in disgorgement […]
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Turkish Takasbank has launched its BiGA Digital Gold platform to provide banks with a blockchain-based system for digital gold transfers. Turkey’s Istanbul Clearing, Settlement and Custody Bank (Takasbank) announced that its blockchain-based, physical gold-backed transfer system is now live. Turkish Takasbank launched BiGA Digital Gold to provide banks with a blockchain-based system for the issuance, […]
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Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the […]
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2019 was a very busy year with crypto tax legislation — check out Cointelegrahp’s 2019 global overview. 2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing […]
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Despite various reservations from commentators in the past, Bitcoin is robustly insured against futures manipulation, analyst suggests. The Bitcoin (BTC) price analyst who created one of the industry’s best-known prediction models thinks futures markets will not undermine the cryptocurrency. In a Twitter debate on Dec. 26, PlanB, father of the Stock-to-Flow tool, dispelled fears that […]
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Bitcoin price remains bearish on multiple time frames but a few key macro indicators hint the BTC bull market may start once its hits realized value. On Dec. 18 Bitcoin (BTC) price thrilled investors by providing a $1,000 move from $6,430 to $7,450 after bouncing off the descending channel trendline near $6,400. Multiple analysts from […]
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GSR and Interhash partner to provide suite of risk management solutions for Bitcoin miners Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions […]
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U.S. Congressman introduces bill which aims to bring regulatory clarity to cryptocurrency industry. Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal […]
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Bitcoin price makes a strong recovery back over $7,000, filling the weekend’s CME futures gap and bouncing off crucial support earlier today. Bitcoin (BTC) price is currently in the process of a strong reversal, which has seen the digital asset quickly recover 8.16% to trade slightly above $7,200. On Dec. 17 the digital asset broke […]
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New York Attorney General continues to push to investigate the alleged multimillion dollar coverup involving Bitfinex and Tether. In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into the companies. Bitfinex and Tether […]
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