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Tesla Hints at Potentially Accepting Bitcoin Payments Again in Latest Quarterly Earnings Report

New financial documents from Tesla hint that it might start accepting Bitcoin (BTC) payments again. The electric vehicle manufacturer’s latest quarterly report with the U.S. Securities and Exchange Commission (SEC) states that Bitcoin purchases could be restarted. “During the nine months ended September 30, 2021, we purchased an aggregate of $1.50 billion in Bitcoin. In […]

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US Regulators Looking at How Banks Could Hold Crypto Assets: Report

A team of US regulators is exploring how banks could hold and deal with digital assets. According to a report from Reuters, regulators are working to create clearer rules for banks to facilitate client trading of crypto, using it as collateral, as well as holding it on their balance sheets. Jelena McWilliams, Chair of the […]

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Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate SectorThe main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian […]

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Judge Grants SEC’s Request To Extend Discovery Phase of Lawsuit With Ripple by Two Months

A federal judge has granted the U.S. Securities and Exchange Commission’s (SEC) request to extend the discovery phase of its lawsuit against Ripple by an additional two months, according to new case documents. Judge Sarah Netburn says in a new order that the additional time requested by the SEC will not impact “the schedule to […]

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US Regulators Helped Ethereum Overtake XRP As Second Largest Crypto, According to Ripple CEO

A top executive at Ripple says that the U.S. Securities and Exchange Commission (SEC) may have helped Ethereum (ETH) usurp XRP as the second-largest crypto by market cap. In a new interview at DC FinTech Week, Ripple Labs chief executive officer Brad Garlinghouse says that XRP was second only to Bitcoin (BTC) until the SEC […]

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Global Anti-Money Laundering Body To Roll Out New Crypto Guidance Next Week – Here’s What To Expect

The Financial Action Task Force (FATF) is ready to roll out new recommendations on how governments should regulate crypto assets. The FATF is an inter-governmental agency that develops anti-money laundering standards and measures to prevent terrorism financing. Speaking at a press conference, FATF president Marcus Pleyer says the new guidance will take a “risk-based approach” […]

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Losing Everything in Vegas Is Legal, but Heaven Forbid We Buy Crypto Assets: Raoul Pal to SEC

Macro guru Raoul Pal says that federal regulations on crypto investing are inconsistent with existing laws in other areas. In a new interview, the Real Vision chief executive officer says that it makes little sense for regulators to allow consumers to risk losing all of their money in Las Vegas while also keeping a close […]

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U.S. Treasury Department Warns Digital Currencies Are Thwarting Sanctions Efforts

The U.S. Treasury Department is contending that cryptocurrencies stunt sanctions efforts and threaten national security, foreign policy, and economic interests. The warning comes after a six-month Treasury Department review of the country’s sanctions program and policies. The seven-page report details how international actors are already reducing their exposure to the US financial system. “American adversaries – […]

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SEC Requests Court To Extend Discovery Phase of Lawsuit With Ripple for Two Months

The U.S. Securities and Exchange Commission (SEC) is requesting that the court extend the discovery phase of its lawsuit against Ripple Labs by an additional two months, according to new case documents. The discovery phase is a pre-trial stage of a lawsuit where both parties present relevant information and evidence. The SEC wants to extend […]

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New York Attorney General Orders Two Unregistered Crypto Lending Platforms To Shut Down, Demands Answers From Three More

The attorney general of New York is cracking down on two crypto lenders and putting several others on notice. Letitia James says crypto platforms that offer interest on deposits must register with the Office of the Attorney General (OAG) to comply with the state’s Martin Act. Attorney General James announces in a new press release, […]

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