CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a… Continue Reading

70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes

Forty regulators in the US and Canada are reportedly collaborating in the largest coordinated crackdown on cryptocurrency scams to date by state and provincial officials. The operation has triggered over 70 investigations so far, with 35 cases completed or pending.… Continue Reading

Chinese State Media Accuses ICOs and Exchanges of Defying Crackdown

Chinese state media outlet, Voice of China, has published reports criticizing the efforts of Chinese cryptocurrency exchanges and initial coin offerings (ICOs) to continue operations in spite of the central government’s 2017 crackdown. Also Read: Markets Update: BTC Resistance at $10,000… Continue Reading

SEC Official Criticizes State of ICO Industry, Open to Regulated Future

United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO… Continue Reading

Investors from 28 Countries Own Land in Norway’s “Private City” Liberstad

More than 100 people have bought land plots in the “private city” of Liberstad, Southern Norway. Its founders accept 27 cryptocurrencies. Deals have been sealed already with future residents from Brazil, Sweden and the UK, among other countries. They should… Continue Reading

Most Britons Won’t Support a Crypto Issued by the Bank of England Says Poll

Almost two thirds of British people would not support a cryptocurrency issued by their central bank, according to a survey. Pollsters also found that the majority of Britons have already heard of bitcoin, however, a third of the respondents admitted… Continue Reading

Majority of US States Have Taken a Stance on Bitcoin and Blockchain

Most US states have adopted some regulatory stance in regards to cryptocurrencies like bitcoin and the blockchain technologies behind them, according to a report by the Brookings Institution. The study classifies jurisdictions according to their attitude towards digital currencies and… Continue Reading

Louisiana Mayor Proposes Government-Backed Crypto and ICO

The mayor-president of the Louisiana city of Lafayette, Joel Robideaux, has proposed an ambitious plan that would see the city develop a government-issued cryptocurrency. Mr. Robideaux suggested the launching the cryptocurrency through an initial coin offering (ICO). Also Read: Spring Sees… Continue Reading

Two Australian State Politicians Reveal Bitcoin Holdings

Two sitting ministers from the legislature of the Australian state of Queensland have revealed that they privately own bitcoin. The declarations have been made for the state’s register of members’ interests – which lists information including the properties, trusts, and… Continue Reading