SEC Commissioner Hester Peirce aka CryptoMom tells Cointelegraph about her hopes for her new safe harbor proposal for cryptocurrencies in decentralized networks. Commissioner Hester Peirce of the United States Securities and Exchange Commission is known for her work on the regulator’s approach to crypto, enough to have earned the moniker “CryptoMom.” On Thursday, Feb. 6,…
Read more
Japan is feeling the pressure of China’s moves forward with a digital yuan, with lawmakers calling for the G7 to put CBDCs on its 2020 agenda. Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on…
Read more
Crypto derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Cryptocurrency derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Dubbed TRUMP-2020 (TRUMP), FTX announced on Feb. 5 that the contract…
Read more
Researchers writing for the Oxford University Law blog say that the distinction between utility and security tokens is less important than most assume when it comes to regulation. European researchers writing for the Oxford University Faculty of Law blog argue that the distinction between utility and security tokens is less important than most assume when…
Read more
US Congress sees another bill to free crypto spenders from a duty to report capital gains on crypto used in personal transactions. A bill seeking to exempt personal cryptocurrency transactions from taxation for capital gains has been reintroduced in the Congress of the United States. What the bill looks to change Called “The Virtual Currency…
Read more
The SEC lands the latest blow against Telegram, forcing it to disclose its bank records, while Durov promises to comply. Telegram’s battle with the United States Securities and Exchange Commission became one of the most closely followed legal dramas of the crypto space in 2019. This was not only because it appeared to be the…
Read more
Per today’s filings, Telegram will provide the requested bank records that the SEC believes will be evidence of rule-breaking in its $1.7 billion offering of Gram tokens. Telegram will release bank records that the United States Securities Exchange Commission believes will prove misconduct in the latter’s $1.7 billion offering of Gram tokens. International privacy laws…
Read more
The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. Finance news outlet FinanceFeeds reported on Dec.…
Read more
U.S. Congressman introduces bill which aims to bring regulatory clarity to cryptocurrency industry. Paul Gosar, an Arizona Congressman, has introduced a draft bill, aimed at finally bringing regulatory clarity to the cryptocurrency industry in the United States, according to a Forbes article published on Dec. 19. The Crypto-Currency Act of 2020 sets out which Federal…
Read more
Blockchain researchers at online brokerage eToro have argued that Facebook should look to support third-party stablecoins, not Libra. Blockchain researchers at online brokerage eToro have argued that Facebook should look to support third-party stablecoins, not Libra. According to a Nov. 28 report from Finextra, eToro’s blockchain research unit eToroX Labs believes that while Facebook’s crypto…
Read more
