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Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
6.2.2023
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
China doles out millions in digital yuan in bid to boost adoption: Report
6.2.2023
Multiple Chinese city governments have given away millions worth of e-CNY to try to promote consumption around the holiday season
Chinese City of Suzhou Aims to Transact $297bn Worth of Digital Yuan in 2023
3.2.2023
The city of Suzhou, in China, hopes its residents and local firms will transact a cumulative total of around $297 billion worth of the central bank’s digital yuan token this year.
Per Shanghai Securities News, the city – one of the most populous and wealthiest in China – has unveiled a new plan...
Jack Dorsey-Based Social Network Nostr Gets Damus App Banned From China App Store
3.2.2023
A notification from Apple says that Damus “includes content that is illegal in China.”
Charlie Munger Urges US Government to Ban Crypto Like China Has Done
3.2.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has urged the U.S. government to ban cryptocurrencies like China has done. “A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract...
Chinese Communist Party officials issue KPIs for e-CNY transactions in Suzhou
2.2.2023
CCP officials want to see the e-CNY surpass $300 billion in transactions in 2023 through promotional efforts
Community mocks Charlie Munger for his obsession with China’s Bitcoin ban
2.2.2023
The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom
Bank of China ex-advisor calls Beijing to reconsider crypto ban
2.2.2023
The current crypto ban in China is beneficial in the short term, but there are big opportunities that can be missed in the long run, the economist argued
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
2.2.2023
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial...
Changsha, China: 300,000 of Our Merchants Accept Digital Yuan
1.2.2023
Over 300,000 stores and vendors in Changsha, China, now accept digital yuan payment – as the central bank digital currency continues to break new ground in the country....
Read More: Changsha, China: 300,000 of Our Merchants Accept Digital Yuan
China's Hainan to boost NFT oversight as digital yuan trial ramps
31.1.2023
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior
Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears
30.1.2023
Strong corporate earnings and investors’ anticipation of a Federal Reserve pivot are helping to cement the case for risk assets like Bitcoin
Today in Crypto: Bitcoin Mining Difficulty Hits New ATH, Gemini Reportedly Investigated by NYDFS, South Korea Plans to Create a Crypto Tracking System
30.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitcoin Mining Difficulty Hits New ATH, Gemini Reportedly Investigated by NYDFS, South Korea Plans...
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
29.1.2023
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital currencies (CBDCs) and stablecoins as a “natural...
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
27.1.2023
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk...
Conflux Token Spikes 60% as Blockchain Integrates China’s Version of Instagram
26.1.2023
200 million users will now be able to display Conflux NFTs on their Little Red Book profile pages
Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy
24.1.2023
The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia...
Today in Crypto: Bitzlato Exchanged $1 Billion in Crime-linked Assets, SEBA Launches Three-tiered Membership Program, China’s Blockchain Network to be the Swift of Stablecoins & CBDCs
23.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitzlato Exchanged $1 Billion in Crime-linked Assets, SEBA Launches Three-tiered Membership Program...
Enforcement goes on with Bitzlato action — Law Decoded, Jan. 16-23.
23.1.2023
Anatoly Legkodymov, the founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance