Cryptocurrency lender Nexo has issues with state authorities in California, New York, Washington, Kentucky, Vermont, South Carolina and Maryland. Enforcement actions by multiple state securities regulators detail Nexo’s earning interest…
The company said it issued convertible notes in a funding round that valued it at about $5.6 billion. London: Hong Kong-based blockchain game developer Animoca Brands has raised $110 million…
Russia is preparing to authorize international crypto payments, but industry insiders suspect this will allow the country to evade sanctions. Meanwhile, the U.S. has been tightening the noose, with new…
The Internal Revenue Service (IRS) has obtained a “court order authorizing the subpoena for records related to U.S. taxpayers who fail to report cryptocurrency transactions and pay taxes.” “The government’s…
Estonia’s Financial Intelligence Unit has issued its first license to a crypto service provider under the country’s new regulatory framework that came into effect in March. “Striga Technology OÜ is…
Bitso, a Mexico-based, Latin America-focused cryptocurrency exchange, has launched a program aimed at enabling Argentines to use cryptocurrencies in their everyday purchases. The exchange is introducing QR code payments directly…
Kraken’s new CEO says he sees no reason to register as an exchange with the SEC. Cryptocurrency exchange Kraken has no plans to delist tokens marked as securities by the…
The U.K. government has introduced the Economic Crime and Corporate Transparency Bill to Parliament, which will make it “easier and faster” for law enforcement agencies to “seize, freeze and recover…
The Central Bank of Iran (CBI) has reportedly started a pilot of its central bank digital currency (CBDC), also known as a “cryptocurrency.” The Iranian Chamber of Commerce explained, “Cryptocurrencies…
JPMorgan Chase CEO Jamie Dimon told a U.S. congressional hearing that crypto tokens like Bitcoin are “Decentralized Ponzi scheme. He told lawmakers: “I am The main skeptic of crypto tokens…