Tag: Take

Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions […]

Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years

Founder of Mt. Gox Creditors Cooperative Resigns, Says Settlement Could Take Years Four days ago, news.Bitcoin.com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt. Gox Legal explains that the coordinator, Andy […]

Crypto Hacks Take $1.7 Billion in 2018—Yikes!

Crypto Hacks Take .7 Billion in 2018—Yikes! Yesterday, a rather shocking cryptocurrency anti-money laundering report was released by the crypto analytics company CipherTrace. This report states that around $ 1.7 billion worth of cryptocurrency was obtained illegally in 2018. What’s more surprising is that crypto hacks happened three times more than […]

Western Union: Testing Ripple’s Blockchain, Will It Take on Crypto Next?

Western Union: Testing Ripple’s Blockchain, Will It Take on Crypto Next? According to the president of Western Union Global Money Transfer, the company is “ready to adopt any kind of currency.” And interestingly, this includes cryptocurrencies. Western Union Ready to Adopt Odilon Almeida held an interview with Reuters Plus yesterday. Here […]

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense

Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense In recent regulatory news, a Canadian court plans to take custody of $ 19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York […]

Ethereum’s Joe Lubin: Blockchain Will ‘Take a Little Longer’ to Develop Than the Web

Ethereum’s Joe Lubin: Blockchain Will ‘Take a Little Longer’ to Develop Than the Web ConsenSys founder and Ethereum co-founder Joseph Lubin has stated that his firm is interested in “promoting the [Ethereum] ecosystem” rather than “controlling it” Cointelegraph.com News

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker

SEC, CFTC, FBI Take Action Against Bitcoin-Funded Securities Dealer 1Broker Three U.S. agencies have taken action against international bitcoin-funded securities dealer 1pool Ltd., aka 1Broker. The Securities and Exchange Commission (SEC) says 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says it violated the Commodity Exchange Act. […]

Ripple’s Sarbhai: Regulators No Longer Take the ‘Blockchain Good, Crypto Bad’ Approach

Ripple’s Sarbhai: Regulators No Longer Take the ‘Blockchain Good, Crypto Bad’ Approach Ripple’s Sagar Sarbhai has said he believes that the ‘blockchain good, crypto bad’ narrative is losing traction among regulators globally Cointelegraph.com News