‘Open-source’ CBDCs aren’t going to protect you from government

A bundle of interrelated documents remind financial institutions of their responsibilities and look at the state of crypto regulation in the U.K. 151 Total views 18 Total shares The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized finance.…

Someone hacked the digital court hearing of the alleged 17-year-old Twitter breacher. The teen behind July's massive Twitter breach had a digital courtroom hearing on Aug. 5. The trial was postponed, however, due to a highly irregular breach in the hearing's Zoom call.During a "Zoom bombing," infiltrators "broke into the call to interrupt the proceedings," said…

Biometric verification is an everyday part of life, but Privado chief product officer Sebastian Rodriguez says users should be curious about how service providers use their data.

If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. 1918 Total views 9 Total shares U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted wallets. Crypto exchange OKCoin noted the proposal would…

Another step has been taken on the path to use fair-value accounting for the reporting of crypto assets in the United States. 231 Total views 7 Total shares The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another…

“Poly Network has no intention of holding Mr. White Hat legally responsible," said the team. 869 Total views 12 Total shares Decentralized finance protocol Poly Network has offered the person behind a $610 million hack an advisory position and $500,000 — whether they like it or not. In a Tuesday update, the Poly Network team said…

The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks. 479 Total views 8 Total shares Own this piece of history Collect this article as an NFTMore Freedom of Information Act requests seeking information on recently closed crypto-friendly banks have been submitted by cryptocurrency advocacy group the Blockchain Association to two…

Two industry pundits believe a change in SEC Chair is needed to even entertain the idea of a spot Solana ETF.