Sam Bankman-Fried is back in NYC prison for his appeal
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison.
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South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability" on bills proposed. 191 Total views 6 Total shares The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly…
French Parliament Refuses to Ease Taxation for Cryptocurrency Owners
The lower house of the French parliament has rejected the amendments to the 2019 finance bill which would ease crypto-related taxation. French monthly business magazine Capital reported this Tuesday, Dec. 18.The amendments that have been declined by the National Assembly referred to a draft of the government finance bill for 2019.As explained by local crypto…
‘Sinister’ debanking of crypto traders is often anti-competitive says Senator Bragg
Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for…
Russian crypto advocates urge Putin to stop regulatory hostility
Russia’s existing regulatory stance on the cryptocurrency industry would potentially lead the country to “direct financial losses,” the RACIB argued. 740 Total views 9 Total shares Own this piece of history Collect this article as an NFTAs Russia continues to delay adopting cryptocurrency regulations, local advocates have appealed to Russian President Vladimir Putin to change…
Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices
Bitcoin price consolidates near $43,500 as analysts predict a possible breakout to $50,000 if support can hold above $43,100. 321 Total views 31 Total shares Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates…
Two Italian High Schools to Issue Digital Diplomas With Blockchain
Two Italian high schools will begin issuing unchangeable and easily shareable digital diplomas with the Ethereum’s blockchain public technology.The measure, as reported by Cointelegraph Italia on March 12, seeks to make the entire process of issuance and traceability transparent, but above all, to solve a long-standing problem in the country: fake diplomas.The mentioned schools are…
Belfast Launches Own Cryptocurrency to Boost Rockefeller Social Project Success
Authorities in the United Kingdom city of Belfast have partnered with Israeli cryptocurrency firm Colu to issue their own blockchain-powered token, a press release confirmed on May 8.Colu, which operates local blockchain-based cryptocurrency ecosystems in four cities, will issue belfast coin later this year in a bid to support local businesses.The cryptocurrency scheme comes as…
Elon Musk and Joe Rogan Discuss Problems With Traditional Currencies
Tesla founder, Elon Musk, recently discussed current difficulties amid massive U.S. money printing efforts, but failed to mention Bitcoin's inflation-proof model. In a recent interview with podcaster Joe Rogan, Elon Musk bashed inflation — a problem that Bitcoin fixes.Some of the current U.S. population sees the economy as an ever-flowing gift basket that will continuing…