The Securities and Exchange Commission filed additional fraud charges against a third co-founder of Central Tech’s $32 million initial coin offering, which had been endorsed by boxing champion Floyd Mayweather and music producer DJ Khaled.
MEPS have voted in favour of EU anti-money laundering reforms, which propose tighter regulations for cryptocurrency trading.
Cryptocurrencies are regularly accused of causing «deaths in a fairly direct way» (as Bill Gates put it). A report released by The Foundation for Defense of Democracies found that less than one percent of bitcoin is used for illegal purposes..
The Prime Minister of Vietnam has signed a directive for the country’s central bank and the Ministry of Finance to strengthen the management of cryptocurrency-related activities. This follows an alleged fraud involving a cryptocurrency that scammed 32,000 Vietnamese out of VNĐ15 trillion..
The Bermuda Monetary Authority has published a consultation paper that is seeking public feedback on a proposed regulation on cryptocurrencies.
An often overlooked hurdle in the formulation of legislative apparatus for cryptocurrency is the challenge of adapting cryptocurrency to the classifications and language of financial regulations.
In life, what goes around comes around; it is only a matter of time. The laws of nature have started hitting Jamie Dimon and his JPMorgan Chase & Co. bank hard as the firm has been dragged to court for allegedly charging customers exorbitant fees on bitcoin and cryptocurrency-related transactions.
Italian cryptocurrency exchange BitGrail is at the center of a controversy that has led to the filing of a class action lawsuit against the developers of the cryptocurrency project Nano, which could see the first hard fork ordered by a court proceeding.
Defendants from My Big Coin Pay, which is being sued by the CFTC for fraud, argue that the agency lacks jurisdiction over the case.
Mark Karpeles explains that he’s willing to answer questions concerning the bankruptcy that’s taking place within the Tokyo court system. Karpeles explains that he doesn’t want the funds to go to Mt Gox, but unfortunately, due to the bankruptcy laws in Japan, the exchange and it may end up with a portion of the money..