Watchdog group defends US regulators’ approach to crypto firms

The CEO and other top executives are being accused of a breach of fiduciary duties, unjust enrichment and waste of corporate assets. 61 Total views 2 Total shares A United States-based crypto mining company, Marathon Digital, heads to court, as its shareholders allege that CEO Fred Thiel, alongside other top executives, committed a breach of…

In its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, application and innovation. The ranking results were published by Forex Crunch on July 31.The CCID Research Institute is an initiative of China’s Ministry of Industry and Information Technology that…

The chairmen of the three primary financial regulators in the United States have released a joint statement warning crypto users of anti-money laundering (AML) and countering the financing of terrorism (CFT) obligations.All for one, one for allThe statement, published Oct. 11, is a rare instance of joint action from the Commodity Futures Trading Commission (CFTC),…

The correlation between digital and physical gold has almost doubled in the past three months, fresh data from Bloomberg revealed on August 7.The statistics reveal that while the correlation between Bitcoin (BTC) and gold over the past year was at 0.496, in the past three months this has almost doubled to hit 0.837 — where…

The Telegram founder is currently prohibited from leaving France and must check in with law enforcement on a weekly basis.

Bitcoin declined by a very similar amount following the halving in 2016 and before the 2017 bull run.

El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. 1190 Total views 21 Total shares The government of El Salvador will reportedly exempt investors from paying a capital gains tax and an income tax on Bitcoin (BTC), according to a presidential legal counsel.Javier Argueta, a legal adviser to…

The founder of the first crypto venture capital firm believes that altcoins will eventually provide better returns than Bitcoin. 1238 Total views 21 Total shares Dan Morehead, the founder of the first crypto venture capital firm, Pantera Capital, believes that altcoins will outperform Bitcoin (BTC) over the next couple of years.Speaking at the Unitize virtual…