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“# FUD or regulatory change? Rumor clouds swirl around crypto exchanges ” The mood of fear, uncertainty and doubt, otherwise known as FUD, that has gripped some of the largest cryptocurrency exchanges since October heightened last week — and it had nothing to do with the United States presidential election. “Weird Binance fud Friday and…
“# New Jersey follows in its neighbor state’s footsteps with crypto license bill ” The New Jersey Senate is set to consider a new bill that proposes the creation of a new, mandatory licensing framework for all cryptocurrency firms operating in the state. Introduced on Nov. 5, the new Senate bill, or “Digital Asset and…
“#Mayor de Blasio hails NYC for voting ‘amidst the greatest crisis’” New York City Mayor Bill de Blasio brought the presidential election to the pulpit Sunday, telling Manhattan church-goers that the nation “turned out amidst the greatest crisis’’ in its history to elect Joe Biden. “We all join in congratulating President-elect Joe Biden. Doesn’t that…
“# Real estate markets look to blockchain as COVID-19 pressures industry ” A number of industries are being negatively impacted by the COVID-19 pandemic, including the United States housing market, which is valued at $33.6 trillion. Recent findings from Zillow, an American online real-estate database company, show that despite low mortgage rates, the coronavirus has slowed…
“#U.S. sets record for new COVID-19 cases for the fourth day in a row” For the fourth time in as many days, the U.S. has set a record for the number of new COVID-19 cases in a single day. There were 134,377 new coronavirus cases reported in the country on Saturday, along with 1,147 deaths,…
“# Law Decoded: New administration and the DoJ’s continued flex in crypto, Oct. 30–Nov. 6 ” Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note Are you over the election? I’m over the election. But you can bet that as soon as I…
“# Brazilian gov’t gets help from US Justice Department to seize $24M in crypto ” According to a Wednesday filing, the U.S. Justice Department seized $24 million in virtual currency pursuant to an official request from the Brazilian government. The Department of Justice, or DoJ, said that the government of Brazil requested its assistance in…
“# Justice Department files antitrust lawsuit against Visa’s acquisition of Plaid ” The United States Department of Justice is filing suit against Visa for its acquisition of Plaid, which the DoJ is arguing is an illegal play to achieve monopoly. According a complaint filed by the DoJ on Thursday: “Visa seeks to buy Plaid — as…
“# Binance launches African affiliate program after Uganda subsidiary closes ” The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service. On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program aiming to promote Binance across the region. According to…
“# CEO of crypto derivatives exchange FTX donated $5M to Biden campaign ” Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden’s presidential campaign. As The Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of $79.5 million from the top 100 donors…