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The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections. Go to Source Powered by WPeMatico
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards. Go to Source Powered by WPeMatico
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks. Go to Source Powered by WPeMatico
“I’m an advocate for getting regulation in place that makes the most of the potential of the sector whilst protecting consumers,” said the MP. Go to Source Powered by WPeMatico
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission (CFTC) conceded that orders requiring payment of … Read more
OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan, and Syria to conduct digital asset trades, deposits, and withdrawals between January 2014 and November 2019. Go to Source Powered by WPeMatico
Oliver Linch suggested jurisdictions with established frameworks for crypto and policymakers willing and able to use them were a potential winning combination for fledging firms. Go to Source Powered by WPeMatico
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated. Russia Plans to ‘Experiment’ With Cross-Border Crypto Payments Amid Sanctions … Read more
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to deliver information regarding the actions it is taking against neo-Nazi groups, and now it has been … Read more
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority (FCA). Pritchard said while the FCA has routinely warned consumers of risks associated with crypto, the watchdog has “always been open … Read more