3AC Co-Founder Kyle Davies Fails to Respond to Liquidators’ Subpoena Despite Twitter Delivery

3AC Co-Founder Kyle Davies Fails to Respond to Liquidators' Subpoena Despite Twitter DeliveryAccording to recent court filings, Kyle Davies, co-founder of the defunct cryptocurrency hedge fund Three Arrows Capital (3AC), has allegedly failed to respond to a subpoena from the firm’s current liquidators, despite it being sent via Twitter. Representatives from advisory company Teneo state that Davies continues to ignore his obligations to Three Arrows. 3AC Liquidators […]

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Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country

panamanian crypto billThe fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after Congress rejected the veto […]

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Russia’s Federation Council to Set Up Working Group on Crypto Regulations

Russia’s Federation Council to Set Up Working Group on Crypto RegulationsThe Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members of the country’s expanding crypto industry, will join the body. Federation Council to Prepare New Regulations for Cryptocurrencies in Russia The Federation Council, the upper […]

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ECB Paper Marks Success Factors for CBDCs, Digital Euro

ECB Paper Marks Success Factors for CBDCs, Digital EuroA paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point to different risks that such projects entail, like the danger of crowding out the private sector. ECB: Digital Euro Should Be Widely Used […]

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Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko

Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to FinikoThe investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of […]

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This Crowdsourced Project Attempts to Reveal American Politicians That Own Bitcoin

On September 19, 2021, the software developer and cofounder of Casa, Jameson Lopp, announced a new project called bitcoinpoliticians.org which sifts through Congressional financial disclosures and records them into a database. Lopp says the aim is to create “more transparency around bitcoin ownership” and so far he’s analyzed about 13% of Congressional financial disclosures. Jameson […]

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Russian Court Confirms Arrest Warrants for 3 Finiko Founders

Russian Court Confirms Arrest Warrants for 3 Finiko FoundersTatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi Scheme Members Still Wanted The Supreme Court of Tatarstan, a republic of the […]

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Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto Pyramid

Russian Police Arrest 2 Women, High-Ranking Members of Finiko Crypto PyramidLaw enforcement in the Russian republic of Tatarstan have made new arrests in connection with the crypto Ponzi scheme Finiko. Two women detained this week are believed to have attracted millions of dollars to the pyramid. The now collapsed Finiko lured investors from a number of countries in the post-Soviet space and around the world, […]

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Robert Rorschach: 20 Reasons Not to Vote

Robert Rorschach: 20 Reasons Not to VoteIf one votes, one participates. If one participates, one condones and endorses the process, and subsequently, what those elected ‘representatives’ do and say in your name. Reason 2. Electoral promises are meaningless because politicians are able to lie to gain the favor of the electorate, and then do exactly what they want once they have […]

The post Robert Rorschach: 20 Reasons Not to Vote appeared first on Bitcoin News.

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Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy

Italian Government Selects 30 Representatives to Develop DLT PolicyItaly’s Ministry of Economic Development recently published a list of the 30 individuals that the Italian government has tasked with developing the country’s regulatory strategy with regards to distributed ledger technology (DLT) and cryptocurrencies. Among the individuals are alumni of the United Nations, the European Parliament, the European Commission, and the Italian Chamber of Commerce. […]

The post Italian Government Selects 30 Representatives to Develop DLT and Crypto Policy appeared first on Bitcoin News.

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