Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out. What to know: The rules on banks holding large amounts of capital to cover losses in cryptocurrency need a rework, the chair of the Basel Committee on Banking Supervision said, […]
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K What to know: The leader of a fraudulent bitcoin operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam. […]
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets What to know: The Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday. The […]
“We’re investing in businesses that treat Bitcoin not as a trade, but as infrastructure – something to build on, not bet on,” ego general partner Lyn Alden said What to know: Venture capital firm ego death capital, which focuses on Bitcoin (and Bitcoin only)-based projects, has closed its second fund, totaling $100 […]
The two bills, which were both filed in February, sought to allow investment of public funds in BTC What to know: Florida has withdrawn two bills related to the creation of a state-level strategic bitcoin (BTC) reserve. House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration,” according to […]
Metaplanet purchased the bitcoin for an average purchase price of around 14.6 million yen and has spent a total of 10.15 billion yen to buy bitcoin. What to know: Japanese hotel company Metaplanet (3350) has purchased an additional 696 BTC ($58.5 million), taking its total stash to 4,046 BTC. Metaplanet purchased the […]
Attorney Gregorio Dalbon raised the procedural risk of U.S. citizen Davis remaining at large and of his financial resources allowing him to stay in hiding What to know: A lawyer in Argentina has requested an international arrest order for Hayden Davis, the founder of memecoin LIBRA, Buenos Aires newspaper Pagina 12 […]