SEC Denies Holding Documents Relating To XRP, Bitcoin, and Ether

As the Ripple Labs lawsuit continues to heat up, a ruling by the judge has authorized the discovery of any SEC documents relating to Bitcoin, Ethereum, and XRP. The regulator...

South Korean regulators seek to tighten grip on cryptocurrencies

South Korean regulating authorities are now asking financial institutions such as banks to provide full details of their cryptocurrency businesses, and in particular their dealings with cryptocurrency exchanges in the...

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Venezuelans Still Flock To Cryptocurrency Despite The Failure of The Petro 

Venezuela’s  governmental initiative of an oil-backed national cryptocurrency in 2018 was met largely with scepticism from global leaders, with the Trump administration banning US investors from trading in petro. The...

Ghana’s Securities and Exchange Commission speaks out against cryptocurrencies

Ghana’s Securities and Exchange Commission (SEC) has spoken out against cryptocurrencies, and warned members of the public against participating in crypto-related activities. The Deputy Director General of Ghana’s SEC, Paul...

HMRC suspects undeclared crypto wealth

The UK’s HM Revenue and Customs ministerial agency has now updated its Statement of Assets form with a new section dedicated entirely to cryptocurrency declarations.  HMRC has always maintained the...

Bank of England ‘actively exploring’ CBDCs, opens positions for a CBDC department

Bank of England, the United Kingdom’s central bank, recently posted openings for seven different positions focused on the development of a central bank digital currency (CBDC).On its careers site, the...

Turkish exchange crypto scam – Authorities jail 6

6 suspects in the Thodex cryptocurrency exchange scam were jailed late yesterday. Interpol are still chasing the CEO and founder, Faruk Fatih Ozer.  According to a recently published Reuters article, six people were formally...

U.S. Congress Passes Bill addressing crypto regulation

The U.S. House of Representatives has passed a bill that would help direct the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to establish a digital...

Nigeria's Economic And Financial Crimes Commission Reiterates Warning Against Bitcoin

Nigeria’s Economic and Financial Crimes Commission (EFCC) has warned Nigerian’s against investing in Bitcoin due to its unregulated nature and the high potential for fraud.  A spokesman for the EFCC,...

E-commerce Giant JD.Com To Pay Employees In Digital Yuan

China’s e-commerce giant JD.com is set to pay some of its employees in the recently introduced digital yuan. The competitor to Alibaba, and major online retailer previously enabled merchants and...

Over half of UK millennials trade in crypto

Over half of UK millennials trade in crypto, according to a survey by Charles Schwab UK. The survey, initially reported by Markets Insider, analysed 1000 british respondents analysed the amount...

Young Koreans flock to Crypto

6 out of every 10 Koreans who are investing in crypto for the first time are in their 20s and 30s. 2.5 million accounts were opened across the top four...

Ukraine Passes Bill That Will Criminalize Inaccurate Reporting Of Cryptocurrency

The Ukrainian parliament’s tough stance on crypto has been solidified with their most recent bill that criminalizes people who fail to declare their crypto holdings. The draft released by the...

Turkish central bank bans cryptocurrencies

Following a huge boom for crypto in Turkey and on the back of rising inflation, the Turkish Central Bank announced last night that it would ban the purchase of goods...

Jianhu Police Bust Online Casino, Seize Over 1.3M Units In EOS and BTC

The Jianhu police successfully cracked China’s first case involving a decentralized digital casino, powered by EOS. The casino named “DAPP Biggame” got raided by the cops who seized over 1.3...