# OKCoin says crypto industry lacks means to comply with new US Treasury proposal

# OKCoin says crypto industry lacks means to comply with new US Treasury proposal

“# OKCoin says crypto industry lacks means to comply with new US Treasury proposal ” U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted wallets. Crypto exchange OKCoin noted the proposal would create additional work for exchanges.  “Upon preliminary…

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# Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

# Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund

“# Scaramucci’s SkyBridge files with SEC to launch Bitcoin fund ” Anthony Scaramucci’s multi-billion-dollar hedge fund, SkyBridge Capital, has submitted a formal application with the United States securities regulator to launch a new Bitcoin (BTC) fund.  The Form D for an exempt offering appeared on the Securities and Exchange Commission’s website on Monday. The proposal…

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# Bitgrail’s founder contributed to 0M loss, Italian authorities allege

# Bitgrail’s founder contributed to $150M loss, Italian authorities allege

“# Bitgrail’s founder contributed to $150M loss, Italian authorities allege ” Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the platform’s $150 million hack in 2018. Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of taking over customer funds prior to reporting the theft of crypto from…

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# Russia’s central bank digital currency: Prospects and problems

# Russia’s central bank digital currency: Prospects and problems

“# Russia’s central bank digital currency: Prospects and problems ” Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires…

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