カテゴリー: Regulators

70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes

70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto SchemesForty regulators in the US and Canada are reportedly collaborating in the largest coordinated crackdown on cryptocurrency scams to date by state and provincial officials. The operation has triggered over 70 investigations so far, with 35 cases completed or pending. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mass Crackdown The North American Securities […]

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This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification

This Guy is Fighting a Legal Battle With the CFTC Over Bitcoin ClassificationA few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on […]

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Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries

Corporations Bypassing Korean ICO Regulations With Overseas SubsidiariesMajor corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in […]

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Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy

Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance ControversyCryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil lawsuits. The exchange continues to operate after it was sold and renamed, local media reported. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Insurance Claim Denied DB Insurance, one of […]

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Indians Look to Buy Bitcoin Overseas as Regulations Tighten

Indians Look to Buy Bitcoin Overseas As Regulations TightenAs cryptocurrency regulations start to pile up in India, a new trend is emerging for Indians to acquire cryptocurrencies from abroad, such as from relatives or friends with overseas accounts. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Increased Regulations The Indian government has recently intensified its efforts to strengthen the country’s […]

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Dubai Issues License to Cryptocurrency Firm

Dubai Issues License to Cryptocurrency FirmThe largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses […]

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PR: Dr. Moe Levin Joins Advisory Committee at Energy Platform 4NEW

Dr. Moe Levin Advices Energy Platform 4NEWLONDON – With energy consumption of each bitcoin transaction equal to 17.5 U.S household’s daily consumption as of January 31, 2018, sustainability and feasibility of cryptocurrencies has been fiercely debated by both proponents and skeptics alike.

4NEW’s elegant and efficient end to end solution, figuratively, enables blockchain to have its own battery pack with global and scalable ramifications. In an environment where conventional power providers are shrugging away from crypto mining operators as witnessed earlier this week by Bitmain. Additionally, Chinese power plants are also scathing away from crypto mining operations amid regulatory pressures. Given the lack of options to sustain crypto mining globally, one company, 4NEW, has decided to usher in a new era for cryptocurrencies by providing all its power output to crypto-mining farms.

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U.S. Regulators Send Tether and Bitfinex Subpoenas

U.S. Regulators Send Tether and Bitfinex SubpoenasThere’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming […]

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South Korean National Pension Fund Indirectly Invests In Crypto Exchanges

South Korean National Pension Fund Indirectly Invests In Crypto ExchangesThe South Korean National Pension Fund has been indirectly investing billions of won in cryptocurrency exchanges such as Upbit, Bithumb, and Korbit. This was revealed amid the country’s regulators continually releasing regulatory measures for cryptocurrencies. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto Regulations Investments In Crypto Exchanges Amid South Korean regulators pushing […]

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Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a Scam

Dr. Doom (Professor Nouriel Roubini) Calls Stablecoin Tether a ScamIt’s no longer just anonymous internet trolls calling out Tether on twitter. One of the most influential economists in the world today, Nouriel Roubini, has just entered the debate, coming down hard against the controversial company. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming Evidence of Serious Flaws” Dr. Doom vs Tether Renowned economics […]

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