SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit

The Chairman of the United States Federal Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies. Testifying before the Senate Banking Committee on July 11, Fed Chairman Jerome Powell gave his analysis of whether a cryptocurrency system with global prevalence could diminish — or even go so far…

The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose "extensive risks to the general public or the economic and financial system." The Bank of Thailand has issued a warning to crypto holders who use their digital assets as a medium of exchange,…

Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16.These security incidents were reported in the UK, Germany, and Switzerland. Additionally, another possible attack occurred in…

San Marino has approved VeChain’s eNFT backed vaccination passport, dubbed the San Marino Digital Covid Certificate. 577 Total views 8 Total shares The Republic of San Marino has approved VeChain’s NFT-based vaccination passport, which is reportedly verifiable worldwide. The small European nation with a population of just over 33,000 announced the approval of the 'Decree-Law…

On August 10, the United States Senate voted to pass a $1 trillion bill to revitalize America’s infrastructure. From the standpoint of the crypto community, miners in particular, the Senate’s foray into crypto legislation has been a disaster. Unless the language defining brokers in the bill is clarified, it will singlehandedly thwart the growth of…

In a judgment against assets exchange Blockvest and founder Ringgold, a California judge rules in favor of SEC’s terminating sanctions. 1360 Total views 43 Total shares A federal judge for the Southern District of California has argued in a recent court filing that blockchain-based assets exchange Blockvest and founder Reginald Buddy Ringgold III should lose…

The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services. 320 Total views 10 Total shares KPMG, one of the Big Four accounting firms in Canada and the United States, has revealed the opening of its first metaverse collaboration hub to…

Major international crypto exchange Binance has announced that its fiat-to-crypto exchange will open in Uganda this week, the company reveals Monday, Oct. 15.CEO and founder of Binance, Changpeng Zhao (CZ), had told Cointelegraph in an exclusive interview in June of plans to open the Ugandan crypto-fiat exchange.As per Binance Uganda’s press release, the new branch…