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“# Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms ” Crypto-focused lobby groups in Washington, D.C. are playing an increasingly vital role in reorienting policymakers away from the view that virtual currencies are used primarily for illegal transactions. Now, they are preparing for potentially their biggest battle yet. …
“# Russian lobby group launches new campaign against anti-crypto laws ” A group of Russian lobbyists led by the law firm Digital Rights Center has launched a new campaign against regulatory initiatives that they feel are impeding cryptocurrency adoption in the country. The group has created a platform designed to help resist the adoption of…
“# Coinbase and Square lead new crypto lobbying effort ” Major stakeholders in the cryptocurrency scene, like Coinbase and Square, have formed an alliance to better relate with policymakers and regulators on the subject of crypto regulations. They are joined by other major players in the cryptocurrency scene, such as Fidelity Digital Assets and crypto-focused investment…
“# Singapore authority issues crypto warning after PM falls prey to scammers ” Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a volatile market. Notably, the warning comes just 48 hours after Prime Minister of Singapore Lee Hsien Loong had…
“#Russia backs down on threat to block Twitter” Russian officials are no longer threatening to cut off the country’s access to Twitter after the social network ramped up its efforts to purge content banned by that nation. Roskomnadzor, Russia’s communications watchdog, backed down on the threat Monday but said it would continue throttling the speed…
“# Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap ” Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the London Times. Headed up by veteran stock picker Cathie Wood, analysts at Ark believe Bitcoin’s $1 trillion value is set to…
“# UK prosecutor expects crypto scams to increase, but numbers remain low for now ” The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years, but admits they are still rather infrequent for the time being. The CPS estimates that 86%…
“# Singapore PM tells followers to ‘remain vigilant’ on crypto after seeing name used to sell tokens ” Lee Hsien Loong, Prime Minister of Singapore, claims someone set up a profile on the social token platform BitClout to sell tokens using the information from his Twitter account. In a Facebook post Friday, Loong urged Singaporeans…
“# Exploring Venezuela’s crypto ecosystem since the start of the pandemic ” In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela? Even before 2020, Venezuela already…
“# Half a billion people just had their Facebook data leaked ” According to a security analyst, sensitive personal information for over half a billion Facebook users was leaked on a well-trafficked hacking forum earlier today — a potential risk to millions of cryptocurrency traders and hodlers who now may be vulnerable to sim swapping…