Crypto experts see Bitcoin replacing fiat money in 20 years
In a new survey, a number of cryptocurrency and fintech professionals expected a “hyperbitcoinization” to take place by 2040. Go to Source Powered by WPeMatico
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Iranian president calls for legal framework for crypto trading
Iran President Hassan Rouhani wants to protect national interests regarding crypto. Go to Source Powered by WPeMatico
Is Digital Currency Money? — IMF Says Only 23% of Central Banks Can Legally Issue Digital Currencies
Researchers at the International Monetary Fund (IMF) have examined the central bank laws of 174 IMF members to answer the question of whether a digital currency is really money. They found that of all the central banks studied, only about 23%, or 40 central banks, “are legally allowed to issue digital currencies.” IMF Explores if … Read more
Binance files US lawsuit against Forbes and two cryptocurrency journalists
Cryptocurrency exchange alleges “millions of dollars” in losses as a result of what it describes as a “false and misleading” article. Go to Source Powered by WPeMatico
Layer1 co-founder takes former business partner to court
He claims to have spent millions of his own money, only to be tossed out of the company he co-founded. Go to Source Powered by WPeMatico
Celebrities May Have Their Dirty Secrets Exposed if Crypto Ransom is Unpaid
Ransomware group threatens to auction secrets stolen from a law firm specializing in the entertainment industry. Go to Source Powered by WPeMatico
Ransomware Gang Demands $42M or it Releases Trump’s ‘Dirty Laundry’
The ransomware gang responsible for stealing almost 1TB of legal secrets from celebrities and entertainers last week is now targeting the President. Go to Source Powered by WPeMatico
Crypto Investor Sues New York Teen for $71.4 million in SIM-Swap Saga
A crypto investor is suing a New York teenager for $71.4 million in damages for allegedly snatching cryptocurrency from his phone. Go to Source Powered by WPeMatico
Recent Class Action Lawsuit Could Cost Binance Billions of Dollars
Could past compliance missteps lead to the eventual downfall of Binance? Go to Source Powered by WPeMatico
Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South Korea, India, and Russia. Also read: Bitcoin Legal in India — Exchanges Resume INR … Read more
