Coingeek: Colorado now accepts digital asset payments for taxes

Coingeek: Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat

Sunday, 25 September 2022 05:00

To uphold accountability, Indonesia is looking to appoint natives as directors of digital asset exchange firms, ensuring stakeholders of rapid action should the sector run into financial woes. [...] Read More... The post Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat…

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Coingeek: Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims

Saturday, 24 September 2022 05:00

A rags to riches man was embroiled in an alleged Ponzi scheme, with investors accusing him of ripping them off worth billions of assets, which is suspected to have funded his extravagant lifestyle. [...] Read More... The post Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to…

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Coingeek: China expands CBDC testing to 4 new provinces as adoption rates skyrocket

Saturday, 24 September 2022 03:00

China is embracing the adoption of its digital yuan, as seen in the record-breaking number of citizens piloting the CBDC, leading the PBoC to expand the trial to four more commercial hubs. [...] Read More... The post China expands CBDC testing to 4 new provinces as adoption…

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Coingeek: New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

Friday, 23 September 2022 23:00

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized" tokens. [...] Read More... The post New US bill seeks to ban UST-like algorithmic stablecoins for 2 years appeared first on CoinGeek.

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Coingeek: US looks to beef up Russia sanctions via crypto mixer crackdown

Friday, 23 September 2022 13:00

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on tightening rules on Russia, with chair Sherrod Brown (D-OH) referencing the need to enforce "economic sanctions." [...] Read More... The post US looks to beef up Russia sanctions via crypto mixer crackdown appeared…

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Coingeek: SEC settles with Sparkster ICO project for $35M, digital asset influencer charged

Friday, 23 September 2022 11:00

Sparkster sold millions of SPRK tokens back in 2018 and raised $30 million, with influencer Ian Balina purchasing millions of tokens and then promoting them. [...] Read More... The post SEC settles with Sparkster ICO project for $35M, digital asset influencer charged appeared first on CoinGeek.

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Coingeek: Do digital assets play a role in illicit finance? US Treasury asks for public feedback

Friday, 23 September 2022 07:00

Treasury published a “request for comment” this week following Joe Biden’s executive order and wants to know if it has been clear enough with Bitcoin regulations. [...] Read More... The post Do digital assets play a role in illicit finance? US Treasury asks for public feedback appeared…

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Coingeek: Meta faces stern test in Australia over ‘strange and unfortunate’ tactics in lawsuit

Friday, 23 September 2022 05:00

Meta pleads the court to allow documents alleging it profited off 'crypto' investment ads that turned out to be scams to remain confidential, which the Federal Court of Australia finds 'strange.' [...] Read More... The post Meta faces stern test in Australia over ‘strange and unfortunate’ tactics…

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Coingeek: Middle East automotive sector logs first digital asset financing transaction

Friday, 23 September 2022 03:00

The Middle East looks forward to wider adoption of distributed ledger technology in global finance as it becomes the first region to use the system to fastrack transactions in the automobile industry. [...] Read More... The post Middle East automotive sector logs first digital asset financing transaction…

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