Minneapolis Fed President calls DOGE a Ponzi: Joke or Not?
The central banker, Neel Kashkari previously referred to cryptocurrencies as a “giant garbage dumpster”, this time Dogecoin is the target. Neel Kashkari, chairman of the Federal Reserve Bank of Minneapolis, attacked Dogecoin (DOGE) last week, calling the meme coin a Ponzi scheme, adding to his comments on cryptocurrencies. Kashkari’s comments are in response to a […]
Iran Blockchain Association (IBA) Banned by The Government
The Ministry of Interior of the Islamic Republic of Iran has suspended the IBA. This measure came after the organization allegedly breached government regulations on its operations. According to the Financial Tribune business reported on Sunday, the Iranian government has taken action this week to prevent the activities of the Iranian Blockchain Association(IBA). Due to […]
Blockchain Island: $71B worth of Crypto Passed through Malta Since 2017
$71B in crypto has allegedly passed through ‘blockchain island’ Malta since 2017 The Fiscal Action Task Force, an organ of 37 member jurisdictions and two regional organizations, pointed to Malta’s initial pressure to attract cryptocurrency business as “problematic”. Malta’s approach to become a global enclave for digital assets seems to be working, though the slack […]
Blockchain island – $71B worth of Cryptocurrency has passed through Malta
The (FATF) in Paris last week has flagged Malta’s initial push to attract cryptocurrency business as problematic stating it failed to fulfil its obligations to stop financial crimes. The strategy adopted by Malta to become a global digital asset enclave seems to be working, although lax regulation error has raised concerns about money laundering and […]
Notable Dates That Will See SEC vs Ripple Case Through to 2022
The lawsuit by the US Securities and Exchange Commission’s against crypto payment company Ripple is taking much longer than expected. The US Securities and Exchange Commission filed a lawsuit against Ripple in December 2020, alleging that Ripple has raised more than $1.3 billion in ongoing unregistered securities offerings by selling XRP. Attorney Jeremy Hogan, who […]