Tax authorities and local police have been investigating Barry van Mourik since a lawsuit in early 2018. Dutch police have arrested a former entrepreneur for fraud after alleging he conned investors in a fake bitcoin (BTC) mining operation out of €100 million ($111 million), Dutch daily news outlet De Gelderlander reported on May 21. According […]
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An Australian government employee will reportedly face court today over his alleged misuse of government IT systems. An Australian government employee will reportedly face court today over his alleged misuse of government IT systems to mine cryptocurrency for personal gain. The news was announced by the Australian Federal Police (AFP) on May 21. The AFP […]
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NYSE Arca has filed a proposed rule change with the U.S. SEC for an application to list shares in a bitcoin investment trust. NYSE Arca has filed a proposed rule change with the United States Securities and Exchange Commission (SEC) for an application to list shares in a bitcoin (BTC) investment trust that would be […]
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The month-long sale has already secured almost 70% of its goal in a period of less than 48 hours. United States cryptocurrency exchange Kraken is offering equity to users in a fundraiser that raised over $6 million in its first day, statistics confirmed on May 21. Kraken, which is one of the world’s oldest exchanges, […]
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A fintech research institute established by China’s central bank has posted several new job openings for blockchain talent. A fintech research institute established by China’s central bank, the People’s Bank of China (PBoC), has posted several new job openings for blockchain talent. The three listings were published to Chinese recruitment website Lagou.com on May 21. […]
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The Financial Conduct Authority says crypto investors lost approximately $34 million from scams last year. The primary financial regulator of the United Kingdom, the Financial Conduct Authority (FCA), reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018–2019 the Financial Times reports on May 20. According […]
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ETF.com’s Dave Nadig says that the U.S. SEC is “still in information-gathering mode” regarding a bitcoin ETF. The United States Securities and Exchange Commission (SEC) is “still in information-gathering mode” regarding a bitcoin (BTC) exchange-traded fund (ETF), the managing director of ETF.com told CNBC on May 20. Dave Nadig, managing director of а leading authority […]
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A Zimbabwe Stock Exchange (ZSE) executive said that blockchain technology is very good, but the exchange needs regulatory clarity. Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni says ZSE is interested in adopting blockchain technology if regulatory certainty can be achieved, according to a report by local news daily The Chronicle on May 20 Bgoni, […]
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The U.S. IRS has prioritized issuing tax guidance on cryptocurrencies in response to a request from 21 representatives. The United States Internal Revenue Service (IRS) has prioritized issuing tax guidance on cryptocurrencies, according to a May 16 letter. The letter from the IRS comes in response to a request from 21 representatives in Congress, including […]
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The U.S. SEC has added a 35 day period in order to hear more opinions on VanEck and Bitwise’s ETF proposal. The United States Securities and Exchange Commission (SEC) has delayed its decision on the VanEck and Bitwise bitcoin (BTC) exchange-traded fund (ETF) proposal, according to an official SEC filing on May 20. The SEC […]
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