Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC
The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs. Go to Source Powered by WPeMatico
Regulation
Auto Added by WPeMatico
SEC leader touts record on digital assets on his way out the door
The outgoing SEC director first joined the agency in 2017. Go to Source Powered by WPeMatico
Comptroller reveals path for crypto companies to become banks
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters. Go to Source Powered by WPeMatico
Charged Aussie Bitconnect promoter faces up to 47 years in prison
The Australian could be 99-years old by the time he is released if he’s sentenced to the maximum penalty. Go to Source Powered by WPeMatico
MIT cybersecurity experts do not trust blockchain-based voting systems
“I haven’t yet seen a blockchain system that I would trust with a county-fair jellybean count, much less a presidential election.” Go to Source Powered by WPeMatico
Pakistan’s SEC Discusses Cryptocurrency Regulation, Central Bank Confirms No Crypto Ban
The Securities and Exchange Commission of Pakistan has published a paper discussing cryptocurrency regulation in the country. Meanwhile, the central bank has reportedly confirmed that there is no cryptocurrency ban. Pakistan’s Crypto Regulation in the Works The Securities and Exchange Commission of Pakistan (SECP) has published a position paper on the regulation of cryptocurrency trading … Read more
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation Russia’s Ministry of Finance has proposed new amendments to the country’s law on digital financial … Read more
EU will decide on digital euro in January 2021: ECB president
“At that point in time we will make the decision as to whether or not we go forward with the digital euro.” Go to Source Powered by WPeMatico
Biden taps crypto-savvy former CFTC chair for transition team
Gary Gensler will reportedly ensure a smooth transition with the Federal Reserve in addition to banking and securities regulators. Go to Source Powered by WPeMatico
Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers
A U.S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million. In passing the judgment, the court blasts Volodymyr Kvashuk, a software engineer and citizen of Ukraine, for attempting to … Read more