Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night.
Tetragon Sues Ripple to Force Stock Redemption
Tetragon was one of Ripple Labs’ big financial backers.
Swedish Bankers Air Concerns Over E-Krona Digital Currency Plan
While the Riksbank appears keen to launch the e-krona, bankers are worried about how the digital currency might affect their industry.
Bitcoin Trader Robbed and Pushed Out of Car in Hong Kong
The trader exchanged 15 bitcoin for HK$3 million before being robbed of both.
Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules
“The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field,” Dorsey said.
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.
We Don’t Need a New Regulator to Have Better Crypto Regulation
Contrary to popular wisdom, the U.S.’ distributed regulatory structure is good for digital assets in the long run.
Julian Assange’s Extradition to US Blocked Over Mental Health Concerns
A judge at the U.K.’s Central Criminal Court ruled Monday that there would be a “high risk” of suicide if Assange was sent to face charges in the U.S.
Ukraine Government Picks Stellar to Help Build National Digital Currency
The Stellar Development Foundation’s work with Ukraine’s government to digitize the hryvnia will officially launch this month.
Shenzhen to Double Digital Yuan Giveaway in China’s Latest Lottery Test
The latest digital currency giveaway is aimed to gauge user experience ahead of an expected launch.
FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.
Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says
In its public response to the US Treasury Department’s proposed rule, the blockchain analytics firm has argued that they are likely to be ineffective and counterproductive.
Serbia Legalizes Digital Assets Trading and Issuance
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week.
Democracy Demands a Say in the Future of Money
The U.S. Treasury’s decision to impose know-your-customer rules to private cryptocurrency wallets is flawed in more ways than one.
BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs.
CBDCs: An Idea Whose Time Has Come?
Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?
Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
Ripple and the SEC will meet over video call, according to a court order from the US District Court of the Southern District of New York.
What Are Stablecoins?
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.
Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit
The announcement came hours after Coinbase and OKCoin took similar actions.
Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.