Cointelegraph By Turner Wright
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Pro-centralization Russian president grants citizenship to Edward Snowden: Report
Cointelegraph By Turner Wright - 0
Russian President Vladimir Putin reportedly granted citizenship to United States National Security Agency whistleblower Edward Snowden, who had been residing in the country since 2013.According to a Monday report from Reuters, Putin signed a decree effectively changing Snowden’s legal status in Russia from permanent resident to citizen. The...
Lawyers for Celsius investors file motion to have interests represented in court
Cointelegraph By Turner Wright - 0
An international law firm representing groups of Celsius investors has filed a motion to appoint a committee to represent their interests in the crypto lending firm’s bankruptcy case.In a Thursday filing with the U.S. Bankruptcy Court in the Southern District of New York, lawyers with the law firm...
Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision
Cointelegraph By Turner Wright - 0
Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes.According to a framework released on Thursday, chair Zoe Lofgren of the Committee on House Administration...
B. Riley may purchase up to $100M stake in Bitcoin miner Iris Energy
Cointelegraph By Turner Wright - 0
Australia-based crypto mining firm Iris Energy has signed a deal with B. Riley giving the capital market company the option to purchase up to 25 million of its shares.According to a Friday filing with the United States Securities and Exchange Commission, Iris Energy inked an agreement with B....
Blockchain infrastructure firm Chain will sponsor New England Patriots football team
Cointelegraph By Turner Wright - 0
Chain, a blockchain infrastructure firm that offers developers Web3 services to build and maintain blockchain-based applications, will sponsor the New England Patriots football team as well as other venues and sporting clubs controlled by the Kraft Group.In a Thursday announcement, Chain said it will be the official blockchain...
UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto
Cointelegraph By Turner Wright - 0
The government of the United Kingdom has introduced a bill aimed at cracking down on money laundering and fraud, specifically by expanding the authorities’ ability to target cryptocurrencies used for illicit purposes.In a Thursday announcement, the U.K. government said lawmakers had introduced the Economic Crime and Corporate Transparency...
Kraken’s Jesse Powell will step down as CEO, stay on as board chair
Cointelegraph By Turner Wright - 0
Jesse Powell, the co-founder and CEO of cryptocurrency exchange Kraken, will be stepping down after leading the platform for more than 11 years.In a Wednesday announcement, Kraken says Powell will be succeeded as CEO by chief operating officer Dave Ripley, who has been with Kraken since 2016. The soon-to-be...
Nomura, one of the largest investment banks in Japan, has established a venture capital arm aimed at investing in companies focusing on crypto and blockchain.In a Wednesday announcement, Nomura said the business, named Laser Digital, will “provide new value in the area of digital assets” for clients under...
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
Cointelegraph By Turner Wright - 0
Jerry Sambuaga, the deputy ministry with Indonesia’s Ministry of Trade, has proposed a rule that would require the leadership at the country’s crypto exchanges to be more representative of its citizens. In a Tuesday parliamentary meeting that included Indonesian regulatory officials, a letter submitted by Sambuaga suggested several policy...
US Treasury plans to ask public if crypto-related regulations are ‘no longer fit for purpose’
Cointelegraph By Turner Wright - 0
The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views on how regulations may address the illicit uses of crypto.In a document set to be published in the Federal Register on Tuesday, the U.S. Treasury requested public...