UK court rules Tether is property in first English law post-trial crypto ruling
It comes a day after a UK government bill aimed to clarify that crypto was “personal property” under property laws.
Related Posts
SEC Charges BitClout founder Nader Al-Naji with fraud
The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family members.
Project mBridge reveals details of its workings ahead of MVP, commercial debut
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. 68 Total views 1 Total shares The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions
US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier
Barr, a former Ripple Labs adviser, has taken a rather less favorable view of crypto than he apparently had in the private sector, as he gives his first speech as a Fed official. 84 Total views 2 Total shares Two United States government financial officials gave speeches on Sept. 7 in which they expressed their…
FATF draft guidance targets DeFi with compliance
The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad concept to describe an emerging area of finance built…
SBI lost 40% of hash rate after stopping mining in Russia: Data
After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in the country. 734 Total views 32 Total shares Japanese financial giant SBI Holdings has partly terminated cryptocurrency mining in Russia due to geopolitical uncertainty and the crypto winter.SBI Holdings suspended mining operations in Russia’s crypto…
Tether reports 17% decrease in commercial paper holdings over Q1 2022
“This latest attestation further highlights that Tether is fully backed and that the composition of its reserves is strong, conservative and liquid," said Paolo Ardoino. 156 Total views 3 Total shares USDT Stablecoin issuer Tether has reported it cut its reserves allocation to commercial paper investments and increased that of United States Treasury bills over…
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. 605 Total views 6 Total shares United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John…
Kleiman Estate Seeks Two-Week Extension Amid COVID-19 Lockdown
In the latest disruption to the case between the self-proclaimed Satoshi Nakamoto, Craig Wright, and the estate of the late Dave Kleiman, the plaintiffs are seeking a two-week extension to discovery amid the coronavirus pandemic.In a motion filed on March 24, Dave Kleiman’s estate asserts that the COVID-19 lockdown has presented “numerous complications associated with…