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US Investors in Tezos’ 2017 ICO May Be Eligible for $25M Settlement

June 2, 2020 by DIGIT

With the class-action lawsuit against Tezos likely to soon end in a $25 million settlement, ICO participants are encouraged to submit claims by Oct. 16, 2020. Go to Source Powered by WPeMatico

Categories ICO, Law, Regulation, Tezos

$1.4B in Crypto Stolen in First Five Months of 2020, Says CipherTrace

June 2, 2020 by DIGIT

Researchers say 2020 is on track to become a record-breaking year for cryptocurrency-related thefts, hacks and fraud. Go to Source Powered by WPeMatico

Categories AML, Cryptocurrencies, Regulation

US Government Puts Out $5 Million Bounty for Petro Supervisor

June 2, 2020 by DIGIT

The U.S. government issued a $5 million bounty to the supervisor of the Petro, but court documents suggest that crypto has little to do with alleged sanction evasion schemes. Go to Source Powered by WPeMatico

Categories Petro, Regulation, Sanctions, United States, Venezuela

Cryptocurrency Firms Now Recognized as Money Service Businesses in Canada

June 2, 2020 by DIGIT

From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses. Go to Source Powered by WPeMatico

Categories Canada, Cryptocurrency Exchange, Regulation

Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations

June 2, 2020 by DIGIT

Venezuelan petrol stations now support the state-issued Petro cryptocurrencies, however, the rollout comes amid an aggressive adjustment to the country’s petrol regime. Go to Source Powered by WPeMatico

Categories Petro, Regulation, Venezuela

Japanese Finance Minister May be Opposed to Lowering Tax on Crypto

June 2, 2020 by DIGIT

Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Japan, Regulation, Taxes

Exclusive: Binance Korea to Integrate Coinfirm Real-time AML Monitoring

June 1, 2020 by DIGIT

Binance Korea will be using an anti-money laundering solution developed by Coinfirm, as the country requires a high level of regulatory compliance for crypto. Go to Source Powered by WPeMatico

Categories AML, Binance, Coinfirm, Regulation, South Korea

Failing Monetary Policy Boosts BreadWallet’s Popularity in Venezuela, Says CEO

June 1, 2020 by DIGIT

The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy. Go to Source Powered by WPeMatico

Categories Argentina, Inflation, Latin America, Regulation, Venezuela, Wallet

Operator of Alleged Crypto Scam Flees South Africa for Mozambique

June 1, 2020 by DIGIT

The operator of an alleged seven-figure crypto scam appears to have fled the country of South Africa for Mozambique. Go to Source Powered by WPeMatico

Categories Africa, Fraud, Regulation, Scams, South Africa

Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up

June 1, 2020 by DIGIT

The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets? Go to Source Powered by WPeMatico

Categories Bankruptcy, Cryptocurrencies, Cryptocurrency Exchange, Regulation
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$88,523.000.87%
  • ethereumEthereum(ETH)$2,997.090.70%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$861.44-0.77%
  • rippleXRP(XRP)$1.871.86%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.150.67%
  • tronTRON(TRX)$0.2860420.84%
  • staked-etherLido Staked Ether(STETH)$2,995.740.62%
  • dogecoinDogecoin(DOGE)$0.1265797.27%
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  • bitcoinBitcoin(BTC)$88,523.000.87%
  • ethereumEthereum(ETH)$2,997.090.70%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$861.44-0.77%
  • rippleXRP(XRP)$1.871.86%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.150.67%
  • tronTRON(TRX)$0.2860420.84%
  • staked-etherLido Staked Ether(STETH)$2,995.740.62%
  • dogecoinDogecoin(DOGE)$0.1265797.27%