Crypto ‘not protected by law,’ rules provincial high court in China
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens. Yet another blow has been dealt…
Google bans 8 ‘deceptive’ crypto apps from Play Store
A Trend Micro report claims that over 120 fake crypto-focused apps are still operational in the Play Store, some exceeding over 100,000 downloads. Google has delisted eight allegedly fraudulent mobile…
81% of finance execs say blockchain has gone mainstream: Survey
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption. Blockchain, the underlying technology of cryptocurrencies like Bitcoin…
Coinbase warns infrastructure bill’s crypto provisions could impact 20% of US population
Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans. Coinbase’s Global VP of…
Congress has put forward 18 bills on digital assets in 2021 so far
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. The United States Congress appears to…
Bitcoin price tags $50K for first time since May
Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%. The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for…