Ed Drake, Author at CoinGeek

Business 7 August 2020

Forsage scheme continues despite SEC investor warnings

Forsage has no legal standing to accept investments, or to sell investment products to the public, regulators in the Philippines said.

Business 7 August 2020

This week saw Russia making moves to back digital currency, bringing further developments in the legal position in the country.

Business 7 August 2020

In a letter to the IRS, the lawmakers explain how taxing staking rewards as income could lead to excessive tax burdens.

Business 6 August 2020

Florida resident Graham Ivan Clark is accused of being the ringleader of the recent hack of celebrity Twitter accounts.

Business 5 August 2020

The ban has been introduced to prevent the use of digital currency for money laundering, terrorism financing and the drugs trade.

Business 5 August 2020

Federal investigators found Banana Fund had been siphoning off investor funds to finance the administrator’s digital currency speculation.

Tech 4 August 2020

Users in India are nearly five times as likely as digital currency users elsewhere to encounter the so-called “cryptojacking” attacks.

Business 4 August 2020

The same laws preventing digital currency from being legal money in China define it as a commodity, according to the Beijing Arbitration Commission.

Business 4 August 2020

The facility to support CBDCs is being developed as a “bolt-on” should the bank decide to roll out a digital currency in future.

Business 2 August 2020

Bakong is in testing since July and is expected to be up and running by the end of the quarter, according to a central bank official.

Business 31 July 2020

Another busy week for the Bitcoin ecosystem kicked off with debate over the definition of Bitcoin in a court in Washington D.C.

Business 31 July 2020

Bank of Japan has been experimenting with a central bank digital currency, although it is yet to officially develop a digital currency.