In fresh testimony to U.S. lawmakers, the head of the SEC touched on cryptocurrency policy, as well as the perceived benefits of its underlying technology. United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors. That was the formal view of Jay Clayton, […]
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New Jersey authorities announce the arrest of three founders of alleged $722 million crypto Ponzi scheme BitClub Network. United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement […]
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Banco Santander has just performed an early redemption of the blockchain-based bond that was issued on Sept.10, 2019. Spain’s multinational banking giant Banco Santander has just redeemed a $20 million bond using the Ethereum blockchain. The firm has performed an early repayment of the blockchain-based bond that was issued on Sept.10, 2019, which purportedly shows […]
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According to new court filings, investors in Telegram’s $1.7 billion token sale included Kleiner Perkins, Lightspeed China and many others. Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018. Telegram allegedly informed its investors that it was using BNY Mellon and Credit […]
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Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts, with one actively-managed fund and another that gives exposure to mining revenues. Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts. The two new funds — Asia Bitcoin Trust I and Atlas Mining Trust I […]
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The U.S. SEC is seeking to reopen a case against Bitcoin fraudster Renwick Haddow, as he has not resolved the regulator’s claims for monetary relief. The United States Securities and Exchange Commission (SEC) has filed to reopen a case against Bitcoin (BTC) fraudster Renwick Haddow as he has not resolved the regulator’s claims for monetary […]
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Is Nordea Bank’s controversial Bitcoin ban protecting employees from themselves or using crypto as a scapegoat? An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their […]
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Can the approaching holiday season boost Bitcoin and crypto prices? Let’s analyze the charts of the top performers of the past seven days. The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their […]
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The U.S. SEC asked the U.K. authorities to force Telegram’s former chief investment advisor to testify in Grams tokens offering case. The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams […]
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Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a CBDC pilot in 2020. Ghana is maintaining a cautious approach to cryptocurrencies despite its central bank’s plans to launch a digital currency in the new year. Over the past five years, the West African country has become the fastest-growing […]
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