Business

LocalBitcoins restricted to only 10 states
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13 January, 2021

LocalBitcoins restricted to only 10 states

LocalBitcoins will be restricting its service offering to only 10 states; it will also be suspending trading in 13 states...
Ang v Reliantco: Exchange ordered to pay millions to wronged trader
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13 January, 2021

Ang v Reliantco: Exchange ordered to pay millions to wronged trader

Following Ramona Ang’s victory over Reliantco in last year’s trial, the UK High Court has ordered the company to pay...
Man behind $147M Gemcoin scam gets 10 years in jail
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13 January, 2021

Man behind $147M Gemcoin scam gets 10 years in jail

Steve Chen will face justice for operating Gemcoin, a scam that made away with over $147 million.
Rumored new SEC head Gary Gensler could spell more regulation for digital asset industry
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13 January, 2021

Rumored new SEC head Gary Gensler could spell more regulation for digital asset industry

Gary Gensler’s rumored appointment could signal stricter rules for digital asset exchanges and projects to curb some of the industry’s...
FCA: Unregistered digital currency firms must shut down, refund investors
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13 January, 2021

FCA: Unregistered digital currency firms must shut down, refund investors

The UK financial markets regulator cautioned such companies that continuing their activities would attract criminal and civil enforcement actions.
UK Finance Ministry invites public input on digital currency regulation
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13 January, 2021

UK Finance Ministry invites public input on digital currency regulation

Her Majesty’s Treasury has opened consultation on proposed laws to govern “crypto-assets and stablecoins” until March 21.
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