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” Mining Capital Coin CEO accused of $62M investment fraud scheme “ The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a $62 million global investment fraud scheme.” The DOJ is charging Capuci with conspiracy…
” Utah Governor approves of blockchain and digital innovation task force “ After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force. The Utah State Legislature first saw the introduction of…
” For the crypto industry, supporting sanctions is an opportunity to rebrand “ One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12, Russian banks lost access to the…
” The United States turns its attention to stablecoin regulation “ The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. Last year, President Joe Biden signed a $1.2 trillion bipartisan infrastructure…
” Binance reportedly halts crypto derivatives service in Spain “ Binance stands as one of the most persistent crypto exchanges when it comes to gaining regulatory approval and operational licenses from regulators across the world. In this effort to operate as a fully licensed financial institution, the exchange has stopped offering it’s crypto derivatives services…
” The Ukraine invasion shows why we need crypto regulation “ Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more than $60 million, according to Michael Chobanian, founder of Kyiv-based…
” Bitcoin’s Velvet Revolution: The overthrow of crony capitalism “ If Karl Marx and Friedrich Engels were somehow transported to the present day and given a newspaper, the apparent lack of class conflict would probably make the revolutionaries think they’d won. They would see a society split on all manner of subjects — from identity…
“NYC moves to crack down on fast delivery apps’ ‘dark stores’” Mayor Eric Adams is moving to crack down on the proliferation of warehouse-like spaces that grocery delivery apps have created inside former Big Apple storefronts – ordering them to allow customers to shop there or move to the outskirts of the city, The Post…
” ‘Regulations are in place to help crypto businesses understand operations,’ says The Bahamas PM Philip Davis “ The Bahamas Prime Minister Philip Davis told Cointelegraph that the region has a regulatory regime in place that will enable crypto businesses to operate within its jurisdiction. During an interview at SALT’s Crypto Bahamas conference, Davis shared…
” Nvidia to pay $5.5M as part of SEC case concerning ‘inadequate disclosures’ around crypto mining “ The United States Securities and Exchange Commission, or SEC, has announced that it has settled charges against Nvidia — the company behind graphics cards used by many crypto miners — in regards to “inadequate disclosures.” In a Friday…