South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for
Read moreUS Lawmaker Introduces Legislation to Regulate Crypto Assets and Protect Investors
A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act. The legislation would “provide the Securities and Exchange Commission (SEC) with
Read moreGovernments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments to stop dismissing the crypto
Read moreFinland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth nearly $80 million. Finland’s customs
Read moreUS Senator Lummis: Big Government Spenders Are Accelerating Adoption of Crypto Assets Like Bitcoin
U.S. Senator Cynthia Lummis is pushing for regulation that would ensure bitcoin remains a good store of value. If the cryptocurrency “is to become what
Read moreWestern nations need better public-private cooperation on crypto, says Mohamed El-Erian
The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of
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