Auto Added by WPeMatico

Cato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing

Jerome Powell said that he also had “close family members” who argued that crypto was still in the development phase, suggesting Bitcoin proponents may be close to home.

Continue ReadingCato Institute CEO says his daughter married the ‘Bitcoin Sign Guy’ from 2017 hearing

Report: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry

Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. According to legal experts,…

Continue ReadingReport: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry

Report: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset

A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursing investors.…

Continue ReadingReport: Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset

Vermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

According to the regulator, Celsius “lacked sufficient assets to repay its obligations” despite suggesting it had enough funds in its reserves to mitigate the risk of insolvency.

Continue ReadingVermont’s financial regulator alleges Celsius and its CEO made ‘false and misleading claims’

UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements.

Continue ReadingUK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories

India’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report

India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to…

Continue ReadingIndia’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to…

Continue ReadingRussia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Basketball star for a crypto launderer? Alexander Vinnik’s lawyers considers prisoner swap: Report

Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April.

Continue ReadingBasketball star for a crypto launderer? Alexander Vinnik’s lawyers considers prisoner swap: Report