A company with cryptocurrency capital has been registered in Argentina, marking the first time this has happened in the country. The company, which was registered with a capital of almost $500 in bitcoin and USDC, follows the enactment of a resolution that allows companies to receive contributions in cryptocurrencies and digital assets. Argentina Registers First…
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The Himalayan Kingdom of Bhutan along with its partner Bitdeer Technologies Group has reportedly kickstarted plans to develop a 600-megawatt crypto mining farm. Bitcoin mining in the kingdom is expected to “equip citizens to participate in the modern global economy from within Bhutan.” Bhutan’s Green and Affordable Power The Southeast Asian kingdom of Bhutan has…
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U.S. prosecutors are wanting Reginald Fowler to face at least seven years in jail if convicted on April 20. A long sentence is being sought by United States prosecutors for an executive in a crypto shadow banking case that has dragged on for five years. On April 18, U.S. District Attorney Damian Williams filed a…
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Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger. Venture capitalists battling with the difficulties of proper crypto firm due diligence should be looking at getting back to the basics — to “trust the chain,” a crypto-focused…
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Rising inflation forces investors to look for defensive assets. What can the cryptocurrency market offer them? The world is becoming increasingly volatile and uncertain. The assertion that “inflation is the silent thief” is becoming less relevant. In 2021, inflation has turned into a rather loud and brazen robber. Now, inflation is at its highest in…
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Miami Mayor Francis Suarez says that cryptocurrency is a “major priority” for him as he attempts to build his city into the crypto capital of the world. “I want us to differentiate ourselves as a crypto capital of the United States or of the world,” he said. ‘Major Priority’ — Miami Aims to Become Crypto…
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The attorneys representing the accused principal of shadow-bank Crypto Capital, Reggie Fowler, have filed motions to withdraw as his counsel. The attorneys representing Reggie Fowler — the accused operator of the notorious shadow-bank to the crypto sector, Crypto Capital — have filed a motion to withdraw as Fowler’s counsel. According to the motion, Hogan Lovells…
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A former NFL team owner has been asked to pay $371M as part of a plea deal over bank fraud, illegal money transfers, and wire fraud. He’s not interested. The legal team for Reginald Fowler said the former minority owner of the Minnesota Vikings is open to a guilty plea regarding his involvement in Crypto…
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New York’s Supreme Court has rejected Bitfinex and Tether’s appeal in the ongoing dispute between the firms and the NY Attorney General over $850 million in lost funds. A New York Supreme Court has found that veteran cryptocurrency exchange Bitfinex and its related stablecoin company Tether (USDT) must face claims they concealed the loss of…
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Reginald Fowler has pleaded not guilty to a fresh charge of wire fraud for his alleged operation of shadow banking company Crypto Capital. Reginald Fowler has pleaded not guilty to a new charge of wire fraud during a March 6 hearing at the United States District Court for the Southern District of New York. On…
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