CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded

Bitcoin's (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week's altcoin market rout.On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC's weight against other cryptocurrencies, reached 49.29%, slightly down from its two-year highs of 49.66% seen earlier this week. BTC.D daily price chart. Source:…

The HKMA said that funds placed on unlicensed "crypto banks" are not protected by the region's deposit protection scheme. The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In

For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible. In a more dynamic economy with a higher volume of operations with foreign currencies, cryptocurrencies played a key role during this year for…

The co-founder of crypto research house Blockfyre suggested that five of the top ten cryptocurrencies by market cap did not deserve to be there. 684 Total views 13 Total shares Simon Dedic has beef with crypto rankings. The co-founder of crypto research house Blockfyre specifically suggests that five of the top ten cryptocurrencies by market…

The Italian government has published its list of 30 blockchain high-level experts to further its integration of the technology at state level, Cointelegraph Italy reported Dec. 27.The result of a four-month hiring and consultation process, the group will work for free advising authorities how to create a “national strategy on distributed register and blockchain technologies.”The…

Blockchain games developer Lucid Sight has raised $6 million to expand its digital scarcity-powered games to traditional game platforms, tech news website VentureBeat reports April 2.Los Angeles-based Lucid Sight now has $11 million in funding to expand offerings of its digital ownership games company by bridging the gap between blockchain and traditional gaming.Leading investment bank…

Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent marketData from block explorers confirms that as of Oct. 17, a total of 9,661 BTC ($76.96 million) or a tiny 0.054% of today’s Bitcoin…