The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series. https://www.coindesk.com/consensus-magazine/2023/...-resonates-today/
Biden Won't Accept Debt-Deal Protecting Crypto Traders: “I’m not going to agree to a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk for nearly a hundred — excuse me — nearly 1 million Americans.” https://www.zerohedge.com/crypto/...bt-deal-protecting-crypto-traders
Nach den "verlorenen" Wircard Millarden, mal wieder "Thrilla in Manila" in der Ex-CIA Hochburg. Anstelle der US "Crony Capitalism Oligarchy" treten nun die illegalen Krypto-Ponzicasinos...."The SEC said that the tactic has the characteristics of a Ponzi scheme where money from new investors is used in paying “fake profits” to prior investors and is designed mainly to favor its top recruiters and prior risk takers." https://www.bworldonline.com/corporate/2023/05/22/...st-and-seven-co/
Reuters: Crypto giant Binance commingled customer funds and company revenue, former insiders say.
Silvergate, which specialised in serving the crypto industry, made this possible – until early March of this year, when the bank announced its closure after customers pulled deposits amid a wave of turmoil. The same month, New York’s chief financial regulator took over another crypto-friendly bank, Signature Bank, where Binance was also a client. As a U.S. crackdown on the crypto sector gathers pace, it is unclear which bank will become the next lynchpin of Binance’s operations.
JohnLaw
: ESRB Report: Crypto-assets and decentralised finan
European Systemic Risk Board – ESRB Report: Crypto-assets and decentralised finance Systemic implications and policy options
The report concluded that while potential systemic implications stemming from crypto-assets, service providers and DeFi applications appeared limited, systemic risks could arise quickly and suddenly. If the rapid growth trends observed in recent years were to continue, crypto-assets could pose risks to financial stability.
Getting a home loan using crypto collateral: Insane or just risky? Crypto investors are often wealthy on paper but can't get a home loan from a bank. But putting your Bitcoin up as collateral for a mortgage is super risky. https://cointelegraph.com/magazine/...me-loan-bitcoin-mortgage-risky/
Japan Strengthens Anti-Money Laundering Measures for Crypto Transactions: It mandates the sharing of specific information between financial institutions. Each phase of a particular transaction must also include the relevant names and addresses. https://thenewscrypto.com/...dering-measures-for-crypto-transactions/
JohnLaw
: Latest sign of a broad crypto crackdown (cont.)
Binance: Klage der US-Börsenaufsicht SEC lässt Kryptowährungen wie Bitcoin und Aktien wie Coinbase und Microstrategy abschmieren: Die insgesamt 13 Anklagen umfassen den Betrieb von nicht registrierten Börsen, Broker-Dealern und Clearing-Agenturen, die falsche Darstellung von Handelskontrollen und Überwachung auf der Binance.US-Plattform sowie das nicht registrierte Angebot und den Verkauf von Wertpapieren. https://www.it-times.de/news/...und-microstrategy-abschmieren-147666/
JohnLaw
: Latest sign of a broad crypto crackdown (cont.)
Behördenchef Gary Gensler warf Binance sowie Firmengründer und Chef Changpeng Zhao in einer Pressemitteilung Täuschungen, Interessenkonflikte, Offenlegungsversäumnisse und kalkuliertes Hintergehen von Gesetzen vor. https://www.finanzen.net/nachricht/devisen/...ie-unter-druck-12524773
JohnLaw
: Latest sign of a broad crypto crackdown (cont.)
SEC’s Regulatory Net Now Covers $115 Billion of Crypto After Lawsuit Against Binance: Lawsuit expands list of tokens seen as unregistered securities. Coins held losses as regulatory crackdown unnerves investors. https://www.bloomberg.com/news/articles/...after-suit-against-binance