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“# Shanghai Man: ‘Green-light’ for miners? CZ not responsible for BSC, Uniswap frauds on TV ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Could green miners get a pass? Last…
“# Southern China warns investors against illegal token platforms ” Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the country, reportedly issued a warning against crypto or blockchain-themed illegal fundraising schemes. According to local reports, the Hainan branch of the People’s Bank of China, the central bank of…
“# The CBDC promised land: As some governments falter, others press on ” With the crypto market turning up its pace of growth over the last year and a half, the idea behind central bank digital currencies (CBDCs) seems to have gained an increasing amount of traction among many governments and retail banking institutions. In…
“# Russian central bank policies stop Tinkoff from offering crypto trading, CEO says ” Tinkoff, a major private bank in Russia, is struggling to offer cryptocurrency trading to its clients due to the central bank’s tough stance on digital assets. Tinkoff CEO Oliver Hughes said that the digital bank is willing to offer crypto trading…
“# Russian Bitcoin critic says he would have bought BTC for 100 rubles ” Anatoly Aksakov, a member of the Russia’s State Duma and a key spokesman for the country’s cryptocurrency legislation process, claimed that he has never owned any Bitcoin (BTC). Aksakov said that he doesn’t hold any Bitcoin and likely won’t, as the…
“# UK FCA buys another 9 months to review crypto companies’ registrations ” The United Kingdom’s Financial Conduct Authority (FCA) has extended the end date of crypto-asset companies’ temporary registration from July 2021 to March 2022. The Temporary Registrations Regime, or TRR, was established last year to enable crypto businesses to continue trading while their…
“# Apple co-founder Steve Wozniak loses Bitcoin scam case against YouTube ” A recent court ruling said that video hosting giant YouTube is not responsible for cryptocurrency-related scams posted on its platform. Apple co-founder Steve Wozniak failed to support his lawsuit against YouTube over an advert using his image to promote a fake Bitcoin (BTC)…
“# Former congressman Ron Paul: Bitcoin is money and should be taxed the same ” Former presidential candidate and congressman Ron Paul has renewed calls for Bitcoin to be legalized as money and not taxed. Paul is a staunch libertarian and author of the Bitcoiner favorite “End the Fed,” who has advocated for the legalization…
“# Ripple seeks docs from 15 offshore exchanges it says could be ‘fatal’ to the SEC’s charges ” Ripple CEO Brad Garlinghouse and co-founder Chris Larsen, have filed a motion requesting the U.S. Securities and Exchange Commission investigate Bitfinex’s parent company, iFinex, and 14 other international crypto exchanges. The June 2 motion requests documents from…
“# ECB says digital euro may be needed to combat ‘artificial currencies’ ” The European Central Bank has warned that a CBDC or digital euro may be required to head off the spectre of “artificial currencies” dominating cross-border payments. In ECB’s annual review of the euro dubbed “The international role of the euro”, economists Massimo…