Cointelegraph By Turner Wright
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How to talk to family members about crypto this Thanksgiving season
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This week in the United States, millions of people comprising various political and financial backgrounds are traveling to see family members for the first time in months to celebrate Thanksgiving.For crypto-minded individuals, questions about the market may come as quickly as “Why did you cut your hair?” or...
Crypto users renew calls for Satoshi Nakamoto to win Nobel memorial prize for economics
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Bitcoin enthusiasts on social media platforms have reiterated their annual petition to have the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel awarded to Satoshi Nakamoto.On Oct. 10, the Royal Swedish Academy of Sciences announced three recipients of the economic prize — former Federal Reserve...
John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for the crypto market.In an Oct. 13 letter, Hickenlooper called on the SEC to take action on regulatory issues including identifying which...
UK gov’t introduces bill to digitize trade documents — potentially traced using blockchain
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Members of the United Kingdom’s House of Lords have introduced legislation aimed at eliminating the need for paper trade documents, increasing the likelihood of using blockchain technology to trace records.In an Oct. 12 announcement, MP Michelle Donelan and the U.K. Department for Digital, Culture, Media and Sport said...
Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision
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Michael Barr suggested that financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities regarding the use cases of innovative technologies.
By: Cointelegraph By Turner Wright
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Financial Stability Board opens proposed crypto regulatory framework for public comments
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“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
By: Cointelegraph By Turner Wright
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US Treasury’s OFAC and FinCEN announce $29M in enforcement actions again Bittrex
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Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its potential liability with OFAC.”
By: Cointelegraph By Turner Wright
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OECD releases framework to combat international tax evasion using digital assets
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The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13.
By: Cointelegraph By Turner Wright
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Paul Tudor Jones says he still has Bitcoin exposure amid market downturn
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With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a "very minor allocation" of Bitcoin.
By: Cointelegraph By Turner Wright
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Distribution of assets is 'not possible at this time', says Luna Foundation Guard
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The fund cited “ongoing and threatened litigation” in its reasons for being unable to distribute its remaining assets to UST users starting with the smallest HODLers.
By: Cointelegraph By Turner Wright
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