The Blockchain Association has launched a working group to push for a U.S.-wide regulatory framework… Will the legislators listen? A new working group, spearheaded by senior employees of Ripple and Coinbase, is going to advise United States regulators on crypto-friendly policies. But congresspeople are too busy preparing for the upcoming elections, which means that U.S. […]
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United States SEC Commissioner Hester Peirce aka “Crypto Mom” has formally proposed a safe harbor from SEC registration for decentralized token projects. United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects. After initially floating the idea in August 2019, Peirce has now formally presented a regulatory […]
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RBI’s legal counsel claims crypto can adversely affect India’s financial stability. Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to crypto exchanges, companies operating within the space, and individuals seeking to explore the nascent […]
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Former pro baseball players and senior citizens are among the victims of a crypto ponzi scheme that defrauded people of at least $7.5 million. Two men charged over an alleged crypto trading ponzi scheme lured investors, including professional baseball players, with social media posts boasting about their luxurious lifestyles. On January 30, the Secret Service […]
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There were signs in 2019 that large institutions are moving closer to embracing cryptocurrency and blockchain technologies. Slowly but surely, institutional players are moving into the crypto/blockchain neighborhood. According to a 2019 Fidelity Investments survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the […]
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An international task force of French, Belgian and Israeli investigators brought down a fraud scheme responsible for stealing €6 million from French and Belgian citizens. French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads. The […]
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Previously touted as the holy grail of Ethereum scalability, Plasma’s significant weaknesses appear to have made the developers quietly drop the technology. In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to […]
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CryptoWatt, a crypto mine based in Montana, recently resumed operations after connections to a fraudulent owner halted business. A cryptocurrency mine in Butte Montana fired up its servers today, resuming business without its former owner, an alleged fraudster. After a legal appearance on the matter, part-owner Kevin Washington and operator Rick Tabish started up crypto […]
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Two former employees at BitTorrent have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Two former employees at BitTorrent, the peer-to-peer torrent client acquired by Tron in 2018, have sued Tron founder and CEO Justin Sun for alleged labor violations and harassment. Unsealed court documents filed in California on Oct. […]
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The reasons of failure of Bitcoin ETF applications and the new path that may give regulators the confidence needed to take an application forward. One of the recurring themes in the digital asset markets across 2018 and 2019 has been the failure of multiple Bitcoin (BTC) exchange-traded fund (ETF) applications to gain the approval of […]
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