I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# Tether to report reserves and pay $18.5M fine after settlement with NYAG ” Bitfinex and Tether settled with the New York Attorney General office in the landmark case against Tether. New York authorities alleged that Tether misrepresented the degree to which Tether (USDT) coins were backed by fiat collateral. The settlement requires Bitfinex and…
“# Swedish regulators warn consumers against crypto as markets tumble ” Sweden’s financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments. In an announcement published on Feb. 22, the regulator wrote that while it had already issued a warning regarding…
“# Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain ” Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23. Dubbed the Multiple Central Bank Digital Currency Bridge — or m-CBDC — the project sees the Hong…
“# Bank of Korea chief says crypto has no intrinsic value, expects volatility ” Amid a major downward correction in the cryptocurrency market, the head of South Korea’s central bank is skeptical about digital currencies like Bitcoin (BTC). Bank of Korea Governor Lee Ju-yeol said that crypto assets like Bitcoin have no intrinsic value, local…
“# US Treasury Secretary floats idea of digital dollar maintained by the Fed ” Janet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin. In an interview on the New York Times’ DealBook DC Policy Project held today, Yellen said it makes sense…
“# India securities regulator to reportedly bar IPO promoters from holding crypto ” In what seems to be another anti-crypto move by regulators in India, IPO promoters may soon be forced to sell their crypto holdings before being allowed to participate in raising funds. According to a report by the Economic Times, the Securities Board…
“# South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022 ” South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made from both trading and holding cryptocurrencies will be subject to the tax, reported…
“# Law Decoded: Bringing blockchain into securities markets, Feb. 12–19 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Technology is by and large not the major barrier — though many in the industry have a decent bit of hubris about it….
“# Austrian regulators call for stricter crypto regulations amid rising fraud ” Austrian regulators are calling for stricter crypto laws amid a spate of elaborate investment scams involving cryptocurrency and digital assets. According to a Bloomberg report of Friday, Austria’s Financial Market Authority has revealed that more than 60% of all reported financial fraud in…
“# Ripple’s XRP sales suppressed coin price, amended court complaint alleges ” The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions. In an amended complaint filed Feb. 18, the plaintiff…