Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty
Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June. Go to Source Powered by WPeMatico
Regulation
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Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands of stock and ETF purchases in the U.S. to hedge the contracts.” Abra Crypto … Read more
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
Crypto taxation in South Korea could increase to 20% for capital gains. Go to Source Powered by WPeMatico
Crypto Lawyers Are in Hot Demand as the Industry Goes Mainstream, Say Experts
Crypto companies are looking for legal talent as the industry becomes more established. Go to Source Powered by WPeMatico
SEC and CFTC Fine Crypto Investment App for Offering Synthetic Assets
U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. Go to Source Powered by WPeMatico
G20 Lays Regulatory Groundwork for Accepting Digital Payments
G20 officials announced on July 11 that they would begin laying the regulatory groundwork for the group to accept digital payments. Go to Source Powered by WPeMatico
Coinbase CEO Defends Licensing of Analytics Platform to Gov’t Agencies
Coinbase CEO says analytics platform is important to comply with AML rules and that only privacy coins can offer true privacy. Go to Source Powered by WPeMatico
How the US and Europe Are Regulating Crypto in 2020
Crypto regulation in 2020: The U.S. tightens regulation of crypto, while India has finally allowed banks to get involved with firms. Go to Source Powered by WPeMatico
Why Banks Keep Blocking Cryptocurrency-Related Transactions
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry. Go to Source Powered by WPeMatico
The Encrypted Messaging Dilemma: Balancing Censorship and Freedom
Experts are of the opinion that governments need to work hand-in-hand with encryption-centric service providers to combat illegal activities on their platforms. Go to Source Powered by WPeMatico
