Maker Foundation Faces New Lawsuit Demanding $28M for Black Thursday Liquidations
New class action demands $28 million from Maker Foundation for negligence and misrepresentation leading to March 12 catastrophe Go to Source Powered by WPeMatico
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World Governments at G20 Are Concerned About All Stablecoins, Not Just Libra
The G20’s Financial Stability Board believes stablecoins are dangerous due to their ability to circumvent capital controls Go to Source Powered by WPeMatico
61-Year-Old Silk Road Vendor to Stay in Prison Despite COVID-19
A judge ruled that the vendor is in “reasonably good health” and this his argument would justify the release of every single federal in-mate over the age of 60 Go to Source Powered by WPeMatico
Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards
China is aiming to form national standards for blockchain and DLT with help from a new technical committee Go to Source Powered by WPeMatico
Russian Counterfeit Cash Ring Busted for Selling 1 Billion Rubles for Crypto
The counterfeit cash ring was extremely decentralized, with its operations and members spanning dozens of Russian regions Go to Source Powered by WPeMatico
US Gov’t Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan
Fintech lenders can finally join the ranks of traditional banks in relief efforts for small businesses hit by COVID-19 Go to Source Powered by WPeMatico
EU Lawmakers Want to Create a New Regulator for Crypto ‘Blind Spots’
Alongside stablecoins and token-based fundraising, the EU parliament asserts that Bitcoin mining poses a money laundering risk Go to Source Powered by WPeMatico
Judge Threatens to Nix OneCoin Suit After Plaintiffs Miss Multiple Deadlines
The judge is threatening to ditch a $4 billion suit against OneCoin after its lead plaintiff failed to meet reporting deadlines Go to Source Powered by WPeMatico
Crypto Markets Don’t Need Ambulance Chasers to Mature
11 lawsuits are targeting major crypto companies: Will they help to bring the crypto sector any closer to legal compliance? Go to Source Powered by WPeMatico
Gibraltar to Crack Down on Market Manipulation in DLT Sector
Gibraltar is will soon update its blockchain regulations to crack down on market manipulation and respond to FATF recommendations Go to Source Powered by WPeMatico
