Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]
Bitcoin Core, the software that powers the Bitcoin network, has been found to have a significant vulnerability. This flaw, known as the ‘Inscriptions’ feature, has caused network congestion and has prompted Bitcoin Core developer Luke Dashjr to announce a fix in the upcoming v27 update next year.This fix, however, has implications for two types of […]
Bitcoin Core, the software that powers the Bitcoin network, has been found to have a significant vulnerability. This flaw, known as the ‘Inscriptions’ feature, has caused network congestion and has prompted Bitcoin Core developer Luke Dashjr to announce a fix in the upcoming v27 update next year.This fix, however, has implications for two types of […]
During a Senate hearing on financial regulations, bank CEOs expressed concerns about proposed new regulations, including the “Basel Endgame III” rule, which they fear could impede lending and harm small businesses. However, there was unanimous agreement among the CEOs that cryptocurrencies should be subject to anti-money laundering rules to prevent their misuse for illicit activities.Senator […]
During a Senate hearing on financial regulations, bank CEOs expressed concerns about proposed new regulations, including the “Basel Endgame III” rule, which they fear could impede lending and harm small businesses. However, there was unanimous agreement among the CEOs that cryptocurrencies should be subject to anti-money laundering rules to prevent their misuse for illicit activities.Senator […]
CEOs of major banks, including JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, BNY Mellon, Morgan Stanley, and State Street, recently testified before the Senate Banking Committee. During the hearing, JPMorgan Chase CEO Jamie Dimon expressed his opposition to cryptocurrencies, stating that if he were the government, he would shut them down. Dimon […]
CEOs of major banks, including JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, BNY Mellon, Morgan Stanley, and State Street, recently testified before the Senate Banking Committee. During the hearing, JPMorgan Chase CEO Jamie Dimon expressed his opposition to cryptocurrencies, stating that if he were the government, he would shut them down. Dimon […]
