SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

Friday, June 14 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) crossed the $8,400 mark again after breaching it earlier today.Market visualization courtesy of Coin360Bitcoin is currently up over 2.8% on the day, trading around $8,420 at press time, according to Coin360. Looking…

A different kind of scam. 1124 Total views 19 Total shares A former Florida tax collector was found to have used public funds to set up a blockchain company.In a report from the Orlando Sentinel, former Seminole County tax collector Joel Greenberg billed the Tax Collector’s Office $65,860 to buy computer servers for a company…

The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate. Rossen Iossifov, a 53-year-old Bulgarian national and owner of the ‘RG Coins’ cryptocurrency exchange, has been convicted of operating a multi-million dollar money laundering ring as part of a transnational auction fraud scheme.Following…

Crypto services in the U.K. will face stricter regulations, including a “cooling-off period” for first-time investors and a ban on “refer a friend” bonuses. 347 Total views 2 Total shares In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would…

The Russian prime minister has welcomed an initiative to use blockchain in agreements over gas supplies by the country’s state-owned gas giant Gazprom, local finance news outlet Vestifinance reports on April 4. The news agency operates under Russian Television and Radio Broadcasting Company (RTR), a major TV channel.The head of Russia’s state-owned gas giant Gazprom,…

The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC. 1192 Total views 6 Total shares Wall Street investment bank Morgan Stanley has gained exposure to Bitcoin (BTC) through Grayscale, offering further evidence of wider institutional acceptance of digital assets.The Morgan Stanley Europe…

The ongoing global COVID-19 pandemic has upended businesses around the world, forcing companies to retool their organizations to weather one of the worst disruptions to the global economy in decades. In the face of unpredictability, both decentralization in the workplace and system architectures have taken center stage as methods to combat ever-changing circumstances. While each…