Jack Abramoff has pleaded guilty to multiple counts of fraud relating to his promotion of the 2018 AML BitCoin ICO. Notorious political lobbyist Jack Abramoff has pleaded guilty to charges of conspiring to defraud investors, conspiring to commit wire fraud, and violations of the Lobbying Disclosure Act relating to the 2018 initial coin offering (ICO) […]
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Telegram ceases its support of the test network for TON, but that will seemingly not deter the community from keeping the open-source project going. At the start of July, Telegram announced it was discontinuing its support for the test network of Telegram Open Network in what seems as yet another — possibly the last — […]
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Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. Two related cryptocurrency firms have fallen foul of United States financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency. On July 13, the U.S. Commodity Futures Trading […]
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Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Sohrab Sharma, one of the co-founders of cryptocurrency firm Centra Tech facing charges related to a $25 million initial coin offering scam, is reportedly planning to plead guilty. According to a […]
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U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets. According […]
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Bitcoin has practically turned into a stablecoin, Dogecoin has experienced a huge resurgence in popularity, and Coinbase might be preparing to list on the stock market. 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, […]
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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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As institutions flock to crypto, here are the fundamental metrics that can be used to track their interest. The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance […]
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News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions. Amid a bullish mainstream market, news of Coinbase’s reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. “When good times are rollin in the stock market, people want to get in there,” Morgan Creek […]
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This week has seen some major breakthroughs in disguise, reminding us of how regulation doesn’t all happen at once. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Policy changes slowly. Crypto wants to move fast. Sometimes fairly, sometimes not, the crypto industry […]
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