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Article by Steve Kaaru

FinCEN extends comment period for proposed non-hosted wallets rule
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29 January, 2021

FinCEN extends comment period for proposed non-hosted wallets rule

The Notice of Proposed Rulemaking imposes new requirements on banks and money service businesses when handling non-hosted wallets.
US trader faces 30 years in jail over $5M digital currency fraud
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29 January, 2021

US trader faces 30 years in jail over $5M digital currency fraud

Jeremy Spence, also known as Coin Signals, he created and managed a number of cryptocurrency investment pools from November 2017...
Traders urge California judge to keep BitMEX $440M fraud lawsuit alive
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29 January, 2021

Traders urge California judge to keep BitMEX $440M fraud lawsuit alive

Plaintiffs in a lawsuit against top leaders at embattled digital currency exchange BitMEX want the presiding judge to keep the...
Alex Agut talks HandCash Connect, going keyless and more on Bitstocks podcast
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27 January, 2021

Alex Agut talks HandCash Connect, going keyless and more on Bitstocks podcast

The HandCash founder and CEO joins the latest episode of Bitstocks podcast where he talked about what the company has...
SEC flags digital currency companies allegedly duping investors globally
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27 January, 2021

SEC flags digital currency companies allegedly duping investors globally

The alleged digital currency scammers on the SEC’s list include Axtrading Investment, SmartCoins24, RetireWell Investors and Passive Trade Plan.
Russia’s largest bank files to launch a stablecoin
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27 January, 2021

Russia’s largest bank files to launch a stablecoin

Russia’s Sberbank has filed an application with the country’s banking regulator to launch its own stablecoin.
US Senate confirms Janet Yellen as first female Treasury chief
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26 January, 2021

US Senate confirms Janet Yellen as first female Treasury chief

Yellen was confirmed by the Senate by a vote of 84-15, underscoring the bipartisan support she receives in the sharply...
Shanghai, Beijing and other major cities plan large-scale digital yuan tests
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26 January, 2021

Shanghai, Beijing and other major cities plan large-scale digital yuan tests

The accelerated testing phase comes after a successful year for the state-backed digital currency in which it was used in...
Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid
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18 January, 2021

Visa calls off $5.3B acquisition of digital currency-friendly startup Plaid

The consumer credit giant was set to acquire Plaid for $5.3 billion, but antitrust claims from the Department of Justice...
SolidX accuses VanEck of BTC ETF plagiarism and breach of contract
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17 January, 2021

SolidX accuses VanEck of BTC ETF plagiarism and breach of contract

Blockchain startup SolidX Management has sued its former partner VanEck Securities Corporation of a breach of contract regarding a BTC...
Pakistan launches Bill Gates-backed Raast instant digital payments system
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15 January, 2021

Pakistan launches Bill Gates-backed Raast instant digital payments system

Known as Raast, the system is especially aimed at availing digital payments to women who have been financially marginalized for...
Only 1 in 4 US adults have idea what blockchain is: survey
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14 January, 2021

Only 1 in 4 US adults have idea what blockchain is: survey

The survey further found that close to two-thirds equate blockchain with digital currencies, with 48% claiming that “blockchain is the...

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