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The island-nation of Macau is inching closer to the launch of its state-backed digital currency as it looks to shed off money launderers and fraudsters from the casinos and gambling dens that dot the city, as per a report today on Bloomberg.
Any of the government’s efforts to ban Bitcoin would be “foolish,” said Hester Peirce (aka “Crypto Mom”), a very Bitcoin-friendly commissioner at the United States Securities and Exchange Commission (SEC), during a MarketWatch virtual conference earlier this week.
UK-based Hongkong and Shanghai Banking Corporation (HSBC), one of the world’s biggest banks by assets under management, has reportedly banned customers from trading the stock of business analytics firm MicroStrategy due to its links to Bitcoin, as per a leaked email circulating on social media.
Cardano’s strategy in Africa could face a setback following the intensification of civil war in Ethiopia.
A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week.
The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed.
As the race for the title of America’s first Bitcoin exchange-traded fund (ETF) rages on, digital assets investment giant Grayscale today revealed that launching such a product was its goal from the very start.
Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken.
Former US Securities and Exchange Commission (SEC) chairman Jay Clayton has suggested that Bitcoin and other cryptocurrencies will definitely be more regulated in the future.
After being rejected initially, the group of XRP holders led by lawyer John Deaton has ultimately been allowed to file a motion to intervene in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, according to a court order published yesterday.
FD Funds Management, a subsidiary of Fidelity Investments (which manages over $4.9 trillion in assets), yesterday filed a preliminary registration with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) exchange-traded fund (ETF).
While Bitcoin and other cryptocurrencies are “not backed by anything,” they are still capable of serving as a “substitute for gold,” Jerome Powell, chairman of the United States Federal Reserve, stated today.
The US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday.
The Securities and Exchange Command (SEC) has acknowledged VanEck’s Bitcoin exchange-traded fund proposal, publishing it on its website.
The United Kingdom’s advertising watchdog has banned a newspaper advert on the grounds that it irresponsibly promoted Bitcoin.
DAOs are heralded by many to be the next step in the evolution of cryptocurrencies and blockchain technology, and one US state could end up taking that leap of faith…legally speaking.
Ripple CEO Brad Garlinghouse appeared on Axios to call the Securities and Exchange Commission (SEC) lawsuit against his firm misguided.
Ripple, the blockchain-based payments firm, is in trouble with US authorities but says its Asian business remains unaffected.