May 18, 2023
Many crypto enthusiasts and the broader crypto industry had high hopes for the UK to become the biggest crypto hub next to Europe. An open and efficient regulatory framework was promised, and it was believed that crypto would soon thrive in the country. A royal NFT mint was one of the many indicators that these plans are more than just make-believe. The expectations for crypto in the UK have changed all of a sudden.
May 10, 2023
Robert F. Kennedy junior ('RFK Jr.', 1954) is a 2024 Democratic Party presidential candidate who is pro Bitcoin and crypto. Like many politicians who challenge the incumbents, he presents himself as anti establishment and defends civil liberties like free speech. Let's investigate his views on crypto and his chances to win.
May 06, 2023
On May 4, Argentina's central bank banned payment providers from offering and accepting crypto. Payment providers now fall under the same rule as financial institutions in the country. It appears to be a form of 'capital control' - but it won't prevent Argentinians from owning crypto.
Apr 25, 2023
The SEC is wreaking regulatory havoc in the US. At least that’s the perception of some members of Congress who aren’t happy with the SEC’s approach. Coinbase is particularly unhappy since the company received a Wells notice which could lead potentially to a lawsuit against the US-based exchange. But there is more to that story. In July 2022, Coinbase asked for regulatory clarity by filing a petition to the SEC.
Apr 21, 2023
Lawmakers in the European Union on Thursday voted in favor of a new crypto licensing regime, MiCA. The vote clears the way for the new regulation of the crypto industry to take effect in mid 2024. It will make the EU the first major jurisdiction in the world to introduce a crypto law package.
Apr 19, 2023
The irony wasn't lost on viewers. While Gary Gensler, head of the American financial watchdog SEC, was being grilled by US Congress about his alleged mistreatment of the crypto industry, the CEO of Coinbase met with UK Economic Secretary. Coinbase was informed a few weeks ago that the SEC will bring enforcement action.
Apr 01, 2023
Elizabeth Warren is a US senator who as adopted a strategy of building an 'army' to defeat crypto. While her timing may be right - the crypto industry has faced some scandals - she seems to forget that a large part of the younger voter base owns crypto.
Mar 29, 2023
In late 2020 the SEC started a legal battle against Ripple. The authority claims that XRP is an unregistered security. Two of the founders were sued along with the company. Ripple claims that this is not only a fight over XRP but rather a fight on behalf of the whole crypto industry. They argue that should they fail in court then the SEC would come after other cryptos and their founders, too. Some spectators have made a couple of comments on social media that are driving speculations that the case could be settled soon.
Mar 28, 2023
It appears that regulatory authorities in the U.S. are going after crypto and related companies. The SEC is still in court with Ripple over the question of whether XRP is an unregistered security or not. Coinbase received a Wells notice from the SEC and Justin Sun and the Tron Foundation also face a lawsuit that is again served by the SEC. One of the biggest players got sued yesterday and the allegations that were made by the CFTC should not be taken lightly.
Mar 24, 2023
The United States government is tightening the screws on crypto companies. While this may be considered a worrying development, it's by no means crypto's death knell. Other countries are clearly standing in line to embrace the talent and the money that this fledgling industry provides. The United Kingdom is one such example.
Mar 24, 2023
The collapse of Terra was traumatizing for the crypto market and a contagion effect set in right after it happened. Crypto has prevailed and became stronger mastering the big crisis of 2022. The founder and CEO of Terraform Labs went into hiding and soon it became clear that he wouldn’t take any responsibility. Yesterday, the news broke that Do Kwon was arrested and many investors as well as community members are confident that justice will be finally served.