Walmart Responds to Fake News of Its Partnership With Litecoin
The retail giant issued a press release in response to the fake news of its partnership with Litecoin Monday.Continue Reading
The lawsuit against Craig Wright continues this week and on April 5, court dockets indicate that Florida Magistrate Judge Bruce Reinhart memorialized rulings from the recent Craig Wright deposition. Moreover, the counsel representing the Kleiman estate has submitted 2,136 documents belonging to Dave Kleiman on April 4. Many ofContinue Reading
While U.S. investors are waiting for a bitcoin ETF to be approved, American financial regulators are looking to make the market more transparent. The Securities and Exchange Commission (SEC) is seeking a service that will identify the owners of wallet addresses for multiple cryptocurrencies. Also Read: Chainalysis: Two HackerContinue Reading
Over the last few months, a petition aimed at freeing Ross Ulbricht from prison has garnered 100,000 signatures. The request addressed to U.S. president Donald Trump and hosted on Change.org explains that Ulbricht deserves clemency because his investigation, trial, and sentencing were rife with abuse. Also read: Hash Wars: BattleContinue Reading
Spain’s Ministry of the Treasury has identified 15,000 cryptocurrency investors it will monitor to prevent tax evasion and money laundering, according to local media reports. The ministry has vowed to ensure that the investors pay taxes on capital gains from digital currency transactions and that they declare any otherContinue Reading
Hundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted byContinue Reading
Several financial institutions in Europe, like Danske Bank and Swedbank, have been mentioned in a Lithuanian report investigating large-scale crypto-fiat transactions that took place in the past two years. Some of the banks’ clients traded digital coins worth millions of euros and the Baltic nation’s financial crime combating agency wantsContinue Reading
Companies from Russia and other parts of the former Soviet Union have apparently turned the small country of Estonia into a massive money laundering haven. An investigation into the Estonian branch of Denmark’s largest bank is examining up to $150 billion which may have been involved. Also Read: The Daily:Continue Reading
The financial inspectors of the SEC publish their top priorities at the beginning of every year in an effort to improve compliance, prevent fraud, monitor risk, and inform regulatory policy. This year, tacking fraud in the ICO and cryptocurrency markets takes center stage. Also Read: Weiss Ratings Defends its DecisionContinue Reading
