Regulation

As with most of the globetrotting crypto and blockchain set, I find myself grounded. Me, in my Manhattan apartment for the past several months, watching the COVID-19 pandemic grow out of control while systems break down in spectacular fashion and frighteningly few politicians provide effective leadership. Compounding the effects of the health crisis is the
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Many investment firms have launched crypto exchange-traded funds, but so far, none has found favor with the United States Securities and Exchange Commission. Firms keep trying, though, and this past week, two more tendered applications for crypto ETF-like products — if not pure-play Bitcoin ETFs have emerged.  WisdomTree, an asset manager and ETF specialist, filed
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The United States Securities and Exchange Commission (SEC) has halted activity of another alleged cryptocurrency-related scam stealing millions of dollars from investors. According to a SEC’s announcement on June 19, the authority has been granted a temporary restraining order and asset freeze against two Pennsylvania-based brothers allegedly running three crypto scam schemes. According to the
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On June 17, the United States Department of Justice issued new recommendations to roll back decades-old protections for online platforms publishing third-party content. Section 230 and internet censorship Section 230 of the Communications Decency Act became law in 1996, as the public was only just coming to welcome the internet into their day-to-day lives. The
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Bitisis, an Iran-based cryptocurrency exchange platform targeting Chinese investors with investment opportunities, has reportedly pulled an exit scam. Chinese police are currently investigating the exchange’s disappearance, with the platform appearing to have transferred users’ assets to three wallet addresses after abruptly suspending operations. However, the addresses in question are held by major cryptocurrency exchanges and
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WhatsApp has premiered fiat electronic payments on its platform, with Brazil becoming the first country to experience a nationwide release. According to a statement released Monday by WhatsApp, users that have Visa and Mastercard debit or credit cards from Banco do Brasil, Nubank or Sicredi can now attach instant payments to their messages. There’s an unspecified
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