The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people committing ransom attacks usually demand payment in?’ The answer is crypto.” Bank of England’s Governor Warns About Cryptocurrency Bank of […]
Bryan Solstin, an aerospace engineer and a developer, is running for the U.S. Senate on a platform of making Bitcoin legal tender. He insists that political resistance is going to fade away, and technology is going to win. El Salvador was the first country in the world to make bitcoin legal tender. Since then, the […]
Member of Parliament in the Rajya Sabha and Indian politician, Sushil Kumar Modi has presented a proposition that taxes on cryptocurrencies should be raised from the current 30% to 50%. Sushil Modi reveals his reasoning behind the proposal Speaking in a parliament sitting as broadcasted on live TV, Modi asserted that taxes on crypto gains […]
A digital euro could need wide-ranging laws in areas such as privacy and anti-money laundering the European commission said in a consultation published on Tuesday. The call for ideas, seen as the first step towards Brussels legislation on the topic, is being made even before any formal decision has been taken to issue the currency […]
London-based Copper Technologies has been unable to close its widely reported $500 million funding round, according to three people familiar with the situation. The fact that Copper is one of the U.K. crypto businesses stuck in the Financial Conduct Authority’s temporary registration process has been a problem for prospective investors Accel Partners and Tiger Global, […]