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Irish Drug Dealer Tells Police That Keys to $56M in Confiscated BTC Are Lost

Dubliner Clifton Collins, who was recently imprisoned for drug trafficking, claims that robbers took the keys to the $56 million in Bitcoin (BTC) Irish High Court had ruled should be confiscated.After obtaining more than 6,000 BTC by 2017, Collins decided to insure himself against hackers by distributing the cryptocurrency

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Ripple CEO Brad Garlinghouse Tells Banks That ‘Crypto Is Not a Bad Word’

Ripple CEO Brad Garlinghouse’s mission is to demolish bankers’ fear of cryptocurrencies and get them on board with the new asset class.During a recent interview with CNN, Garlinghouse explained that “once regulators understand you're not circumventing regulatory frameworks they get very comfortable very quickly.”Garlinghouse said that someone at the

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US Court Tells Telegram and SEC to Focus on ‘Economic Realities’ of Gram Token Sale

A U.S. federal judge says the SEC shouldn't get hung up on "labels" in determining whether messaging platform Telegram conducted an illegal securities offering.In his first public remarks on the case, Judge P. Kevin Castel of the U.S District Court for the Southern District of New York began Wednesday's hearing

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Buy Bitcoin, Top EU Gold Company Tells “Mentally Blocked” Investors

Bitcoin’s explosive price rally this year has earned it a new fan in CelticGold, AG.The Frankfurt-based precious metals exchange in a note advised commodity investors to purchase the world’s leading cryptocurrency. It said they should at least allocate 1-5 percent of their precious metals portfolio to Bitcoin, citing its two-year

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Bitcoin Can Hit $50K in 2020 ‘Very Easily’ — Nexo CEO Tells Bloomberg

Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of Bitcoin lending platform Nexo.io, said Bitcoin price growth since its inception was almost unlike anything ever

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SEC Taking ‘Measured’ Approach to Digital Asset Regulation, Jay Clayton Tells Senate Committee

Giving testimony on the oversight of his agency before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, Clayton honed in on its regulation of the crypto and blockchain space, saying the SEC has been dedicating "a significant amount of attention and resources on digital assets." Source

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SEC Cryptocurrency Approach ‘Measured,’ Chairman Clayton Tells Senate

United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors.That was the formal view of Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), who updated lawmakers on official policy on Dec. 10.Clayton: SEC fosters

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