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Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million

Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million

Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an

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10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Law

10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Law

Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure law. They explained that the current definition of a

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Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He does not agree with some of the recommendations on the regulation of

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Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation

Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation

The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will roll out of the US

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Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

At least three Federal Reserve governors have said they see no reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to

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DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million

DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million

The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally.  Investors have been fraudulently tricked into

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Binance Calls for Global Crypto Regulation While Launching ‘Crypto Is Evil’ Ad Campaign

Binance Calls for Global Crypto Regulation While Launching ‘Crypto Is Evil’ Ad Campaign

Cryptocurrency exchange Binance has called for “global regulatory frameworks for crypto markets.” The company also launched a “Crypto Is Evil” advertising campaign featuring “10 Basic Rights for Crypto Users”. Binance Pushes for Global Crypto Regulation,

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Taiwan to Strengthen Cryptocurrency Regulations

Taiwan to Strengthen Cryptocurrency Regulations

One of the few ‘cryptocurrency havens’ to create a new set of rules for companies working in the cryptocurrency arena The economic affairs ministry of Taiwan has created a regulatory framework for businesses related to

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Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’

Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’

Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there are a variety of different regulators in

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Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO

Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO

A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes central banks around the world will embrace digital

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