Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms. Cryptocurrencies have been around for more than 10 years, but the legal status of Bitcoin (BTC) and most other cryptocurrencies remains unclear and has different definitions in various jurisdictions. Are they money, an asset, […]
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Users will need to install their own testnet validators to continue using the network. Although Telegram has terminated its blockchain project, Telegram Open Network (TON), in May 2020, the TON test net has been apparently running for almost one year. In a July 6 update, the official TON development group on Telegram announced that it […]
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Russian prosecutors are reportedly investigating a British firm that allegedly sold fraudulent Gram tokens. Shortly after lifting the country’s Telegram ban, Russian authorities began investigating potentially fraudulent offerings involving the company’s unlaunched token, Gram. The token was at one time meant to serve a new blockchain ecosystem known as the Telegram Open Network, or TON. […]
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Documents shared with Cointelegraph confirm that Telegram refunded some American TON investors 72% of their investments about a month ago. Telegram, the creator of the failed Gram (GRM) token and the Telegram Open Network, or TON, was well into investor reimbursement weeks before a court in the United States ruled that the firm had to […]
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You might be able to buy crypto on PayPal soon, but it’s unlikely that you’ll be getting anything from Wirecard. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a […]
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Judge approves final judgment in Telegram case; firm will return $1.2 billion to investors. On June 26, Judge Kevin Castel signed the final judgment in the SEC v. Telegram case, which will require Telegram pay back $1.2 billion to investors in their ICO for the failed Telegram Open Network. Cointelegraph reported on the final judgment […]
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New York, New York runs the show this week as the site of a host of developments and setbacks for crypto. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The largest city in the United States and the world’s financial capital for […]
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Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Editor’s note: The week has been remarkably active for policy, possibly as a result of economies showing signs of heading slowly back to normal. While crisis remains, it seems like everyone has gotten numb to crisis mode. Recent news […]
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Telegram founder Pavel Durov admonishes Facebook and Instagram for generating ad revenue from scams that are being promoted from his name. Telegram founder, Pavel Durov, lashes out at Facebook and Instagram for making money off of scammy ads that use Durov’s name and image. Through his Russian Telegram channel on June 17, Durov accuses the […]
Continue ReadingExperts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines. Following a big-time update to its white paper in mid-April, the Libra Association has over the past couple of weeks made a string of striking new additions to its core governance team, including appointing Robert Werner as its […]
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