Cryptocurrency Analysis and News Portal
"It’s both the best time and the worst time in crypto,” said John Sarson, CEO of Sarson Funds, a crypto asset manager and education resource for financial advisors. “Adoption was going gangbusters. Everyone with speculative assets was deploying them in crypto, and then they saw them evaporate over the course
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Still, Behnam praised the legislation and its plan for additional agency funding that will allow the CFTC to “move swiftly” to establish the new oversight over digital commodity assets, which the courts, lawmakers and regulators conceded includes bitcoins, though other assets’ status are less clear. “All digital commodity platforms must
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However, Wright told the court, before his account was deleted, he received an influx of nasty DMs, some threatening physical violence to his family. He said he’d never received DMs of such an aggressive nature before Hodlonaut’s March 2019 tweets (though later, in cross examination, he admitted he’d been sent
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Control over our online data is intimately linked with bodily autonomy. Source
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The professional association compared bitcoin to cash in response to a query from one of its members and flagged the possibility of it being used for money laundering. Source
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Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal Cases Linked to Crypto Assets The Federal Financial Monitoring Service of
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In 2018 proposals, modified in 2019, FATF said crypto service providers have to verify who their customers are. The identity checks are supposed to allow authorities to track illicit funds, just as they do in the conventional financial system – but many in the industry have complained that it violates
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Bitcoin funding rates have been dropping over the last couple of weeks. Even as the price of the digital asset had plummeted, causing some to call it being on ‘discount’, these funding rates have refused to move out of the negative territory. The past week has proven to be no
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Michael Barr, a former Ripple adviser nominated by President Joe Biden to run the Federal Reserve’s oversight of the U.S. financial sector, sees cryptocurrency technology offering “some potential for upside and also some significant risks,” he said during a Senate hearing Thursday. While his time on the board of advisers
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The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice versa. The central bank warned it will not hesitate to act against entities found to be in breach of the country’s laws.
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