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Following the Senate Banking Committee hearing, Facebooks blockchain head David Marcus testified before U.S. lawmakers at the Congressional hearing on July 17. The hearing mostly centered on trust issues, particularly...
While the UK has become one of the biggest markets for cryptocurrency, regulators continue to keep a close watch on this nascent industry in order to protect investors and fight potential illicit activities. A recent...
France is set to approve the first batch of initial coin offering (ICO) operators and other crypto businesses under its new policy, which is slated to be implemented later this month. According to Reuters, the...
In his testimony at the Senate Banking Committee hearing on Tuesday, David Marcus, head Facebooks crypto wallet Calibra, emphasized on the social media giants intention to work with global regulators, adding that Libra...
The British government has drafted a new Economic Crime Plan to tackle financial crimes, including an intervention on crypto assets. The financial crime prevention plan, drafted by the U.K. Home Office and H.M....
Iran will reportedly release a gold-backed cryptocurrency, which will be mined under the permission of the countrys central bank, local news outlet Mehr reported citing Shahab Javanmardi, CEO of FANAP, an Iranian...
A copy of a draft bill that seeks to ban cryptocurrencies in India has been uploaded on Scribd by blockchain lawyer Varun Sethi. If passed, the bill, entitled Banning of Crypto Currency Regulation of Official Digital...
Facebooks cryptocurrency project Libra has created quite a stir in the regulatory bodies across the globe. While the tech giant is gearing up for its upcoming hearing, a draft law has reportedly been circulated by U.S....
Georgia becomes the latest nation to exempt cryptocurrencies from value-added taxes (VAT), a move that supports Bitcoins status as a currency, according to Bitcoin.com. As per the report, Georgias finance minister Ivane...
Jon Montroll, the CEO of Bitfunder pleaded guilty to charges including securities fraud and obstruction of justice. As a result, he will be spending 14 months behind bars in a recent ruling by Judge Richard M. Berman of...
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