Everyone’s talking crypto for solving Sub-Saharan Africa’s payments problems
Stablecoins and continent-wide regulations are key to breaking down barriers to Africa’s economic growth. Go to Source Powered by WPeMatico
Regulation
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What does VCOIN’s SEC authorization mean for securities law and crypto?
The latest in securities law and crypto is not a revolution but it is a step forward. Go to Source Powered by WPeMatico
The Australian Senate just voted to kill the $10,000 ‘cash ban’ bill
A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate Go to Source Powered by WPeMatico
US lawmakers seek to make stablecoins illegal without federal approval
A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first Go to Source Powered by WPeMatico
‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner. Go to Source Powered by WPeMatico
Bitcoin lacks market integrity, says former Trump economic adviser
“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president. Go to Source Powered by WPeMatico
Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims of “tens of millions of dollars.” Fraudulent Claims … Read more
ECB Chief Christine Lagarde Downplays Bitcoin’s Risks to Financial Stability, Troubled by Stablecoins
ECB President Christine Lagarde downplays any risks bitcoin and other cryptocurrencies could pose to financial stability and monetary sovereignty. In contrast, she sees stablecoins, such as Facebook-backed libra, as posing “serious risks.” Christine Lagarde, Bitcoin, and Facebook’s Libra The president of the European Central Bank (ECB), Christine Lagarde, shared her view on the future of … Read more
Biden should integrate Bitcoin into US financial system, says Niall Ferguson
The economic historian says that President-elect Biden’s administration should consider Bitcoin as an alternative to a “Chinese-style digital dollar.” Go to Source Powered by WPeMatico
Russia to Recognize Bitcoin as Property With Legal Protection
The Russian prime minister has outlined the government’s plans to amend existing laws to recognize cryptocurrency as property. This means bitcoin owners will have the legal rights to defend and recoup their cryptocurrencies in court. Russia to Recognize Bitcoin as Property During the government meeting on Thursday, Russian Prime Minister Mikhail Mishustin talked about Russia’s … Read more
