The Bitfinex-Tether Allegations Explained

The U.S. SEC has asked a New York judge to impose a fine of $1.95 billion on Ripple Labs.The SEC asked the Court to consider how easily actors, particularly in the crypto asset space, can today engage in the same sort of conduct as Ripple’s.The U.S. Securities and Exchange Commission (SEC) has asked a New

U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday."The existing securities regime appropriately governs crypto asset securities," said Chair Gary Gensler, in a statement issued with the denial. Besides arguing that the SEC

Slovakian lawmakers on Wednesday voted 112-2 in favor of a law intended to cut taxes on the sale of digital currency.The income tax bill aims to “to reduce the tax burden in connection with the sale of virtual currencies, thereby simplifying their use in everyday life,” said an explanatory document issued by a grouping of…

Crypto was on fire as a topic in the early U.S. presidential campaigning, but the first Republican debate last week showed it may not be an issue that has legs with candidates trying to grasp mainstream attention.As the top GOP candidates spun out their well-rehearsed positions – minus former President Donald Trump, who decided not…

Apr 29, 2020 at 11:50 UTCBitcoin Rises Above $8.1K as Bulls Eye April Gain for Fifth Year RunningBitcoin's price jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain. The top cryptocurrency by market capitalization rose to $8,191 at 11:15 UTC, its highest level since March 10, according…

A new privacy paper surfaced in the "bitcoin wizards" chat channel Wednesday bearing a familiar name – "Tom Elvis Jedusor," the French version of Tom Riddle (better-known as Harry Potter's archenemy Lord Voldemort). Strange as it sounds, this isn't the first time this happened. A little more than two years ago, a protocol improving two of…

Oct 31, 2020 at 13:23 UTCUpdated Oct 31, 2020 at 13:30 UTCCredit: ShutterstockDavid PanChinese President Jinping Xi said China should proactively participate in creating the international regulatory framework on digital currency."We need to take advantage of the momentum and accelerate the digitalization of various fields including our economy, society and government, as well as proactively…

news The departure of Digital Asset Holdings CEO Blythe Masters isn’t slowing down the Australian Securities Exchange’s (ASX) plans to roll out a distributed ledger-based settlement system, according to the firm. Peter Hiom, deputy CEO of the ASX, told CoinDesk through a spokesperson that Masters’ departure would not impact its plans to roll out a…

news North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the UN Security Council’s Sanctions Committee on North Korea. As reported by South Korean newspaper Chosun, North Korea employed a shipping and logistics firm called Marine China, which runs on a blockchain platform, to avoid international…