The judge scheduled a restitution hearing for victim investors this summer.
Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks
Reps. Rudy and Freeland’s bill would exempt crypto miners from paying either Kentucky sales or excise tax.
Chinese Bank Trials Digital Yuan Services at ATMs: Report
Trials of China’s central bank digital currency continue, with ATMs now starting to be used in Shenzhen.
Crypto Custody Firm Leaves Singapore’s Regulatory Sandbox With License, ISO Rating
The firm exits the sandbox with what it claims is the first ISO 27001 certification for a crypto custody provider.
UK’s FCA Warns Investors of High-Risk Crypto Investments and Scams
The Financial Conduct Authority said investors in cryptocurrency products offering high returns should be prepared to lose “all their money.”
Donald Trump Banned From Twitter in Final Days of Presidency
Twitter has banned Donald Trump’s account (@realDonaldTrump) permanently just days after supporters broke into the Capitol Building, citing a review of recent tweets that the social media platform says could lead to further violence.
Kyrgyzstan Has Proposed Its First Regulatory Framework for Crypto
Kyrgyzstan’s central bank wants to regulate cryptocurrency – licensing exchanges and barring its use in payments.
Internet Shutdowns Cost India $2.8B in 2020: Report
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.
Internet Shutdowns Cost India $2.8B in 2020: Report
A 2020 report by Top10VPN found India to be the country that suffered the most economic damage from internet disruptions.
Why Joe Biden’s $3T Stimulus Package Could Add Fuel to Bitcoin’s Rally
After Joe Biden’s inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin’s rally, say analysts.
Tron-Owned Video Platform Criticized for Hosting Extremists, U.S. Capitol Rioters
A legal non-profit accuses the platform of failing to moderate accounts and allowing extremists to collect donations.
US Judge U-Turns on Ruling in Overstock Digital Dividend Lawsuit
The plaintiff may now file an amended complaint against Overstock and former CEO Patrick Byrne.
Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations.
65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.
Institutional Custody Will Challenge Retail-Oriented Crypto
The bearer nature of digital assets presents challenges to institutions getting into crypto. The need for greater security will likely impact the whole industry.
Crypto Derivatives Exchange BitMEX Says All Users Are Now Verified
After getting in hot water with U.S. regulators last year, the exchange has rolled out mandatory verification for all users.
South Korea’s 20% Crypto Tax Now Coming in 2023: Report
The cryptocurrency tax was originally planned to be implemented in late 2021.
FiCAS’ Actively Managed Crypto ETP Gets Green Light for European Expansion
The first actively managed crypto ETP, the BTCA was launched in Switzerland last July.
What Does It Cost to Become an FCA-Approved Exchange? EXMO Execs Explain
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.
UK’s Ban on Crypto Derivatives Goes Into Effect Today
The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.