Crypto market stumbles amid arrest of Samourai Wallet founders
The crypto market saw extra turbulence after Samourai Wallet’s CEO and chief technology officer faced legal action from the U.S. DOJ.
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Finland: Financial Watchdog Adopts Role as Supervisory Authority for Crypto Sector
Finland’s Financial Supervisory Authority (FIN-FSA) is set to assume its role as a registration authority and supervisory agency for crypto industry participants as new legislation comes into force this week. The news was revealed in an announcement published by FIN-FSA on April 27.With Finland’s Act on Virtual Currency Service Providers set to come into effect…

SEC charges company behind Stoner Cats NFT series with unregistered securities sale
The animated series, accessible only to NFT holders, had a cast that included Vitalik Buterin, Gary Vaynerchuk and Hollywood A-listers. Stoner Cats 2 LLC (SC2), the company behind the Stoner Cats animated series, has agreed to a cease-and-desist order and other measures imposed by the United States Securities and Exchange Commission (SEC) after being charged

You don’t need to be angry about NFTs
NFTs are blamed for everything from tacky art to economic inequality and environmental destruction. But, the arguments by critics don‘t add up, writes Something Interesting‘s Knifefight. “For every minute you are angry, you lose sixty seconds of happiness.”— Ralph Waldo EmersonToward the end of January, one of my favorite content producers on the internet Dan…

IMF sees climate change, DAOs, CBDC as threats to Marshall Islands, urges reforms
Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks. The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF…

Marathon Digital: Deposits held at Signature Bank are secure and available
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank. Own this piece of history Collect this article as an NFTCrypto mining firm Marathon Digital Holdings has assured investors that the firm's cash deposits at Signature…

Telegram launches marketplace to auction rare username handles
The popular messaging app launched a new marketplace on the TON blockchain, on which it plans to auction off rare user handles. 408 Total views 7 Total shares The popular messaging app Telegram announced on Oct. 26 the official launch of its new marketplace built on the Telegram Open Network (TON) blockchain. The marketplace will…

CEO of IOVLabs Talks Financial Inclusion and Holding Governments Accountable
Diego Gutierrez Zaldivar is the CEO of IOVLabs and co-founder of the NGO Bitcoin Argentina. During Labitconf 2019, he gave a presentation entitled "How Bitcoin, RSK and RIF are shaping the internet of the future." Cointelegraph spoke with him in Uruguay to learn more about the platforms that aspire to make the mass adoption of…

Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. 702 Total views 19 Total shares Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such…