Munger said China was “wiser” for banning crypto trading and that the US’ failure to act is like letting a “bad genie out of the bottle.” Charlie Munger, the Vice Chairman of Berkshire Hathaway says […]
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the […]
The seizure by the U.S. Department of Justice of $3.6 billion worth of Bitcoin (BTC) lost during the 2016 hack of Bitfinex’s cryptocurrency exchange has all the ingredients of a Hollywood film — eye-popping sums, […]
The UAE is eyeing companies and other providers within the growing crypto industry with a licensing framework that makes the country a crypto-friendly jurisdiction. The United Arab Emirates is reportedly eyeing the global crypto and […]
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC […]
Russian Bitcoin (BTC) miners are reportedly running as usual despite the government’s invasion of Ukraine this week. According to estimates from the Cambridge Bitcoin Electricity Consumption index, miners in Russia accounted for around 11.2% of […]
The UK regulator says it has powers to cancel the registration of a crypto business if it’s found not to be compliant with set requirements. Bitpanda announced the acquisition of DeFi custodian firm Trustology on […]
Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange Commission (SEC) to approve its bitcoin spot exchange-traded fund (ETF) application. Grayscale seeks to convert […]
Amid the barrage of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, the storyline that was arguably […]
SEC building in Washington DC, USA Gary Gensler said the US Securities and Exchange Commission (SEC) considers every proposal seeking the listing of spot Bitcoin exchange-traded products (ETPs)“under the appropriate regulatory framework.” US Securities and […]
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