When asked whether he’d rather be called a “bitcoin evangelist,” or “Bitcoin Jesus” at the recent Webx seminar in Tokyo, Roger Ver responds: “I prefer to be called Roger.” The enthusiastic and outspoken figure in crypto, scattering sats around the world with unapologetic frankness about government, the bitcoin block size wars, and conflations of legality…
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Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto investment frauds perpetrated over popular social media sites. On June 25, 74-year-old Naum…
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According to the FCA, the sandbox will be open to businesses, startups and data providers, including those involved in banking, investment, lending and payments. The United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of product development. In a July 20…
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Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country. The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA), issued a circular on the…
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Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the…
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Rep. Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the “Torres Doctrine.” New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful…
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The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities. Brian Armstrong, the CEO of United States-based cryptocurrency exchange Coinbase, is reportedly planning to meet with members of Congress to discuss digital asset legislation and related issues. According to a July 17 Bloomberg…
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Once launched, Indonesia’s national crypto exchange will be the only platform allowing crypto transactions, the local regulator said. The government of Indonesia is moving forward with its plans to launch a national cryptocurrency exchange, and expects to debut the platform in the coming weeks. Indonesia’s Commodity Futures Trading Supervisory Agency (CoFTRA), also known as Bappebti,…
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The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed’s exploration of a central bank digital currency and planned to push for “digital freedom.” Steven Kinard, director of Bitcoin mining analytics at the Texas Blockchain Council, a crypto advocacy group, has announced that he will run for a seat…
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The US government has moved its Silk Road Bitcoin (BTC) reserve, stirring up speculations about whether it plans a sale of the assets. On Wednesday, the Department of Justice (DOJ) transferred $300 million worth of BTC to new addresses in a series of transactions, according to data from Bitcoin block explorer. The recent transfer likely originates…
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