Argentina is facing a challenging financial landscape, with its Central Bank imposing restrictions on cryptocurrency transactions via payment providers, even as the public increasingly adopts digital currencies to safeguard their wealth. As Argentina’s economy grapples with economic turmoil and a surging interest in...
The U.K. plans to outlaw “cold calls” offering insurance and crypto to curb fraud. The National Crime Agency says fraud costs the country over £7b ($8.7b) annually. U.K. government stepping in to curb fraud To better its moves towards intelligence-led enforcement, the U.K....
Crypto exchange Coinbase is throwing its support behind plaintiffs seeking to remove sanctions imposed by the United States government on Tornado Cash, a privacy-focused cryptocurrency mixer. Six U.S. citizens, Joseph Van Loon, Tyler Al-meida, Alexander Fisher, Preston Van Loon, Kevin Vitale, and Nate...
Brian Armstrong, the CEO of Coinbase, made a remark on Twitter where he declared that Coinbase’s staking services are not securities. Armstrong also added that the company would gladly defend this position in court if necessary after rumors of a staking ban made...
Yesterday, Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the US, sent shockwaves through the cryptocurrency markets with a single tweet. 1/ We’re hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail...
SEC Commissioner Hester Peirce, known to the community as Crypto Mom, has criticized the agency for taking enforcement action against Kraken exchange and shutting down its crypto staking product following a $30 million settlement. The United States Securities and Exchange (SEC) commissioner Hester...
Coinbase CEO Brian Armstrong has disclosed some unsettling rumors regarding the Securities and Exchange Commission’s (SEC) plans for crypto staking in the United States. In a Twitter thread on Feb. 9, Armstrong alleged the SEC wanted to get rid of crypto staking for...
Charlie Munger, a 99-year-old billionaire and strong crypto critic, has elicited virile reactions from the online crypto community for being unnecessarily critical with his request to have the U.S. replicate the Chinese crypto ban. A handful of comments on Munger’s Wall Street Journal...
Huang Yiping, a former monetary policy member of the People’s Bank Of China (PBoC), has expressed concerns about China missing out on financial development opportunities following the nation’s ban on cryptocurrencies. Cryptocurrency adoption linked to development opportunities, says ex-PBoC member While the PBoC...
The head of the Central Bank of Ireland, Gabriel Makhlouf, has advocated for a ban on cryptocurrency-related advertising. Cryptocurrency ads associated with ‘ponzi schemes’ Makhlouf believes that investing in cryptocurrencies that are not backed by any traditional assets is gambling and claims that...