Bitcoin creator Dr. Craig Wright is suing Coinbase and Kraken over their use of the name Bitcoin in relation to assets that do not conform to the system described in the white paper.
The bills, which are designed to hinder Russian oligarchs from evading sanctions, are allegedly part of a vendetta by Sen. Elizabeth Warren, according to Blockchain Association and its partner firm Forbes Tate Partners.
Dan Schulman announced the plan during the company's Q1 2022 earnings call on April 27, saying that this feature is the future of PayPal and the payments industry.
Controversial ‘crypto’ exchange Kraken appears to be taking a page out of rival Binance’s playbook by making it harder for regulators to pinpoint exactly where the company calls home.
In addition to the new regulations regarding rules for digital currencies, the U.S. Treasury also warned exchanges not to facilitate transactions for individuals or entities on the sanctions list.
Canada’s Prime Minister Justin Trudeau enacted the Emergencies Act, aiming to freeze the bank accounts of the trucker protesters, and wants to go further by also freezing Bitcoin transactions.
The CEOs of cryptocurrency exchanges Coinbase and Kraken may find out the hard way that there’s a price to be paid for talking tough on Twitter.
As the price drops, BTC’s ineptitude is becoming more widely understood, especially as it continues to demonstrate its failure as ‘digital gold’ situations where it should shine.
The CEO of the Kraken exchange’s financial support for Canada’s anti-vaccine mandate protesters may be putting the entire cryptocurrency sector under threat of increased regulation.
Dr. Craig Wright has sent legal notices to a number of digital asset entities and groups over their use of the Bitcoin name, warning of formal legal action if they do not take steps to address the situation.
The 12 have allegedly been offering users the opportunity to purchase binary options based off the value of commodities like digital currencies and forex, according to the regulator.