A life after crime: What happens to crypto seized in criminal investigations?
Like with any kind of property, law enforcement has the right to sell your coins and spend the money. Go to Source Powered by WPeMatico
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New York State Senate passes Bitcoin mining moratorium
The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining. Go to Source Powered by WPeMatico
Pride in the Metaverse: Blockchain tech creates new opportunities for LGBTQ+ people
The Metaverse and NFTs are allowing people across the world to celebrate Pride Month in various ways. Go to Source Powered by WPeMatico
11% of US insurers invest — or are interested in investing — in crypto
Of the 328 CFOs and CIOs representing around half of the global insurance industry 6% responded their firm was either already invested or considering an investment into cryptocurrencies. Go to Source Powered by WPeMatico
Former product manager at OpenSea charged with insider trading
The charges are related to digital collectibles bought and sold on the NFT marketplace in September 2021. Go to Source Powered by WPeMatico
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control. Go to Source Powered by WPeMatico
Draft bill to ban China’s digital yuan from US app stores
Three Republican senators introduced a bill to protect Americans from the “Authoritarian Digital Currencies Act.” Go to Source Powered by WPeMatico
Cathie Wood’s Ark and 21Shares refile for spot Bitcoin ETF
The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far. Go to Source Powered by WPeMatico
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
Officials from all over the world continue discussing the solutions for stablecoins’ risks Go to Source Powered by WPeMatico
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study.” Go to Source Powered by WPeMatico