U.S. SEC Cheif Gary Gensler recent interview is again a topic of debate in crypto world as his statements have sent some mixed-signals. In this latest interview with Jon Stewart, Mr. Gensler has talked about accountability, court cases and even taking some losses. SEC head was very vocal about the federal policies, made some comments […]
The city of Lugano, the economic capital of Italian-speaking southern Switzerland, is adopting cryptocurrencies for tax payments as part of a new collaboration with the provider of Tether (USDT) stablecoin. Tether Operations Limited, the blockchain-based platform that powers USDT, the world’s largest stablecoin by market capitalization, has signed a partnership with the administration of Lugano, […]
Three people associated with a now-closed company called The Geek Group were sentenced to prison after authorities discovered they traded bitcoins and laundered money via an unlicensed money transmitting business. Together they sold over $740,000 in bitcoin, according to a statement from the US Attorney’s Office on February 28. Their alleged scheme involved buying bitcoin […]
The Securities and Exchange Commission is considering new recommendations on crypto for investment advisers and investment companies, according to recent remarks. William Birdthistle, Director of the Division of Investment Management, addressed the emergence of crypto in an address to the IAA Investment Adviser Compliance Conference. The division of investment management oversees rulemaking related to investment […]
Quick Take Public officials across the West have been voicing concern about the use of crypto by Russia to evade the sting of sanctions. To be fair, there are limited signs that crypto use is on the rise in Eastern Europe, including Russia. Public figures in the US and Europe have spoken with growing alarm […]