Tag: United States

US Plans to Simplify Regulation Process for Cryptocurrency Firms

US Plans to Simplify Regulation Process for Cryptocurrency Firms

US-based money services businesses, including cryptocurrency companies, will soon be able to enjoy trimmed down regulatory processes. The Conference of State Bank Supervisors (CSBS) reportedly plans to unveil a new joint group of state regulators that will oversee all licensing. Simplified Regulation Processes For Crypto Firms In The US According to the Reuters report, the […]

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CFTC Filed a Complaint Against Operators of an Alleged $1 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against four individuals for defrauding investors of $1 million through an alleged Bitcoin investment scheme. Dubbed Global Trading Club (GTC), it operated as a BTC trading robot for over a year. CFTC Goes After GTC’s Members The Commission’s statement named the four people […]

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New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading

New York Financial Watchdog Approves Bitcoin and Other Cryptos for Custody and Trading

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to […]

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US DOJ After $7.2 Million Crypto Ponzi Banana Fund

US DOJ After $7.2 Million Crypto Ponzi Banana Fund

The United States Department of Justice (DOJ) has filed a complaint against an alleged cryptocurrency Ponzi scheme to forfeit over $7 million in Bitcoin and Tether. The administrator of the scam called the “Banana Fund” has used some of the raised funds for personal benefits, including purchasing a house. DOJ Against Banana Fund Ponzi Scheme […]

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