On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.
This move came after
The UK’s High Court has awarded Dr. Craig Wright, the man claiming to have invented Bitcoin, £1 ($1.23) in damages after judging that he deliberately presented false evidence in a Bitcoin libel case against Bitcoin enthusiast and podcaster, Peter McCormack.
Judge Martin Chamberlain wrote:
Because he [Wright] advanced
Financial services company Revolut has won approval from the Cyprus Securities and Exchange Commission (CYSEC) to offer Bitcoin services across the European Economic Area (EEA). This has reportedly made the London-based company the first entity to receive approval as a crypto-asset service provider (CASP) from the regulator.
The authorization will
Financial services company Revolut has won approval from the Cyprus Securities and Exchange Commission (CYSEC) to offer Bitcoin services across the European Economic Area (EEA). This has reportedly made the London-based company the first entity to receive approval as a crypto-asset service provider (CASP) from the regulator.
The authorization will
On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.
This move came after
The UK’s High Court has awarded Dr. Craig Wright, the man claiming to have invented Bitcoin, £1 ($1.23) in damages after judging that he deliberately presented false evidence in a Bitcoin libel case against Bitcoin enthusiast and podcaster, Peter McCormack.
Judge Martin Chamberlain wrote:
Because he [Wright] advanced
Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to
Coinbase has faced significant amounts of scrutiny from the U.S. SEC since the platform decided to increase the amount of tokens listed on its platform. The company now faces an investigation by the SEC on its listings for whether or not it allowed American citizens to trade digital assets
Institutional digital asset custody provider Komainu announced provisional regulatory approval from the Government of Dubai's Virtual Assets Regulatory Authority (VARA) to begin operational readiness.
In the meantime, the company’s application will go through due diligence in accordance with VARA requirements. As a result, the company only has
On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.
Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing
Singapore has been long known for its forward thinking finance practices and has created an environment in which many crypto funds and companies have chosen to operate in. The Monetary Authority of Singapore (MAS) will release new regulation next month in an attempt to prevent future egregiously irresponsible crypto dealings
