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SEC Should Monitor Tesla’s Elon Musk for Market Manipulation: Roubini
11.2.2021
The NYU economist also warned bitcoin could "collapse" if Tether and Bitfinex are indicted this year
Haunted by Past Elon Musk Predictions, Gold Bug Peter Schiff Tears Into Tesla’s BTC Acquisition
10.2.2021
After previously claiming that Elon Musk was too smart to buy bitcoin, Euro Pacific Capital CEO Peter Schiff is reacting angrily to reports that Tesla has acquired the cryptocurrency. In a series of tweets on February 8, Schiff now claims that Musk has no interest in bitcoin’s store of value...
Tesla Has $1.5 Billion Worth of Bitcoin on Its Balance Sheet, Plans to Accept BTC for Products
8.2.2021
The publicly listed firm Tesla has announced in a Securities and Exchange Commission (SEC) Form 10-k filing that the company has purchased $1.5 billion worth of bitcoin. When the news broke, the price of the leading crypto asset jumped well over 15%, touching a new all-time price high at $44,899...
Bill Miller’s Multibillion-Dollar Hedge Fund to Add Bitcoin Exposure via GBTC
7.2.2021
Billionaire hedge fund manager Bill Miller’s flagship fund will soon be able to add bitcoin exposure by investing in Grayscale’s bitcoin trust (GBTC), according to its filing with the U.S. Securities and Exchange Commission (SEC). The fund currently has about $2.25 billion in assets...
Founder of Crypto Scam Promoted by Actor Steven Seagal Charged — Key Member Arrested in US
3.2.2021
Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to...
Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP
31.1.2021
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts...
Ripple and CEO Brad Garlinghouse Face Another Lawsuit Over XRP Crypto Being a Security
29.1.2021
Another class-action lawsuit has been filed against Ripple Labs and CEO Brad Garlinghouse. This lawsuit follows the one filed by the U.S. Securities and Exchange Commission (SEC) alleging that the defendants sold XRP, which it considers unregistered security, for over $1.38 billion. The lawsuit...
Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country
23.1.2021
Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other...
Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages
22.1.2021
The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive...
Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator
22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...
Japan Rallies Behind XRP as Ripple Faces US Litigation
22.1.2021
Unlike the U.S., Japan considers XRP to be a cryptocurrency, not a security
World’s Largest Asset Manager Blackrock to Invest in Bitcoin Futures
21.1.2021
Blackrock, the world’s largest asset manager with $7.81 trillion under management, is getting into bitcoin. The firm has filed with the U.S. Securities and Exchange Commission (SEC) for two of its funds to invest in bitcoin futures. Blackrock Gets Into Bitcoin Blackrock filed...
UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP
21.1.2021
Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as...
European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro
20.1.2021
The digital euro project may get underway in mid-2021 after a period of reviewing any "policy, legal and technical questions" by the two institutions
European Parliament Petitioned to Create Crypto Crime Compensation Fund
19.1.2021
A petition has been submitted to the European Parliament, asking to implement a scheme to compensate crypto-related victims. The crimes mentioned in the petition 0421/2020 include fraud, piracy, and extortion. Petition’s Author Represents Victims in the Bitsane Alleged Scam Case According...
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
19.1.2021
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system, after American sanctions on Iran exposed the vulnerabilities of the bloc’s financial infrastructure. According to officials, who are now determined to challenge the dollar’s...
Gary Gensler Confirmed as Joe Biden’s SEC Chair Pick
18.1.2021
Gary Gensler has taught courses about blockchain at MIT
Polkadot Flips XRP to Become the Fourth-Ranked Crypto After Price Spikes 100% in Less Than a Week
17.1.2021
Dot, the native token of the Polkadot network, has flipped XRP to become the fourth-ranked token after its price rallied by more than 40% in just 24 hours. Since January 11, the token has now gone up by more than 100% to set a new all-time high (ATH) of $18.06 on January 16. With its […]
Kraken to Halt XRP Trading for U.S. Residents
15.1.2021
Clients residing outside the U.S. will be unaffected
Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple
14.1.2021
Grayscale Investments is shutting down its Grayscale XRP Trust and liquidating its XRP holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting XRP into U.S. dollars following the lawsuit filed by the U.S. Securities and Exchange...