US

Iran Steps Up Plan for National Crypto After US Sanctions

2 weeks ago admin2 0
Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Iran to Evade US Sanctions Using Read More

Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

2 weeks ago admin2 Comments Off on Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering
A former cryptocurrency trader and exchange operator from the U.S. state of Arizona, has been sentenced to 41 months in jail for laundering drugs money with bitcoin. The sentencing was announced by the Department of Justice on Wednesday, after a federal jury convicted Thomas Mario Costanzo on five charges of money laundering on March 28. The Read More

The SEC’s Hester Peirce Isn’t a Bitcoin Champion, Just a Regulatory Realist

3 weeks ago admin2 Comments Off on The SEC’s Hester Peirce Isn’t a Bitcoin Champion, Just a Regulatory Realist
Regulators like the Securities and Exchange Commission shouldn’t be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce. Peirce’s remarks, made during an interview with CoinDesk, follow the agency’s decision to confirm the 2017 rejection of a bitcoin-tied exchange-traded fund backed by Cameron and Tyler Winklevoss, which reinforced the argument made Read More

What should India expect from Imran Khan?

4 weeks ago admin2 Comments Off on What should India expect from Imran Khan?
Despite the delays in official results, it seems likely that Imran Khan’s Pakistan Tehreek-e-Insaf (PTI)—or Pakistan Movement for Justice—will have a plurality of seats both in the National Assembly, and in the crucial Punjab Provincial Assembly. So what should India expect from a PTI-led civilian government in Pakistan? In his first speech since the elections, Read More

The EU de-escalated a trade war with the US by promising to do things it wanted to do anyway

4 weeks ago admin2 Comments Off on The EU de-escalated a trade war with the US by promising to do things it wanted to do anyway
European Commission president Jean-Claude Juncker went to the White House yesterday (July 25) hoping to avert an all-out trade war with the US. He came away having seemingly cajoled Donald Trump into a remarkable climbdown—and mainly by promising to do things that the EU has been planning to do for years. Obviously the European Union, Read More

The global migration plan that every UN country agreed to—except the US and Hungary

1 month ago admin2 Comments Off on The global migration plan that every UN country agreed to—except the US and Hungary
Last week, 193 countries around the world agreed on a set of principles to tackle the global issue of immigration. These are contained in the “Global Compact for Migration,” a 34-page document crafted by United Nation members states. One of the compact’s key goals is making migration more “orderly” (read: legal). But it also emphasizes Read More

Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors

2 months ago admin2 Comments Off on Regulation Round-Up: Shapeshift COO Says U.S. Regulations Worsen, Germany to Protect Financial Stability not Individual Investors
Regulation In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial Read More

Coinbase Cryptocurrency Index Fund Now Open For Investment

2 months ago admin2 Comments Off on Coinbase Cryptocurrency Index Fund Now Open For Investment
Finance Coinbase has opened up its index fund for accredited US investors, giving them exposure to all cryptocurrencies listed on its exchange GDAX. The company is now working on “launching more funds which are accessible to all investors and cover a broader range of digital assets.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Read More

China is luring Indian tech firms with market access and free rent

3 months ago admin2 Comments Off on China is luring Indian tech firms with market access and free rent
India’s trying to find ways to get into China’s $144 billion IT market. On May 27, an IT corridor was established between India and China to give Indian businesses a gateway into the neighbouring country’s thriving software market. NASSCOM, the Indian IT industry’s trade group, established a Sino-Indian Digital Collaborative Opportunities Plaza (SIDCOP) in the Read More

Alleged BTC-e Mastermind Confesses to Russian Money Laundering Charges

3 months ago admin2 Comments Off on Alleged BTC-e Mastermind Confesses to Russian Money Laundering Charges
News According to regional publications in Russia, the alleged BTC-e mastermind and prisoner in Greece, Alexander Vinnik, has allegedly confessed to charges of fraud and money laundering on May 24, 2018. Reports reveal a signed document details that Vinnik admits to committing financial fraud between 2011-2017 through the BTC-e cryptocurrency exchange. Also read: This Week Read More