Kraken says it fought IRS to protect clients against identity theft, other potential harms
Kraken, a leading crypto exchange, commented on the outcome of a recent case in a statement emailed to CryptoSlate on July 3. A company representative said: “We fought the IRS because they sought intrusive and unnecessary information about U.S. clients… Were this information leaked by the IRS, it would expose Kraken clients to identity theft […]
SEC Labels DASH as a Security After a Decade in the Dark!
SEC Labels DASH as a Security After a Decade in the Dark! The post SEC Labels DASH as a Security After a Decade in the Dark! appeared first on Coinpedia Fintech News
The United States Securities and Exchange Commission (SEC) is now alleging that the Dash token, a popular digital asset in the crypto world, is a security. This revelation emerged from Bittrex’s motion to dismiss a case filed against them, leaving the crypto community in shock and confusion. Imagine being a long-term holder of Dash, nurturing …
Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End
Singapore’s MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year.
Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast
Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little longer.” Tim Draper’s $250K Bitcoin Price Forecast Venture capitalist Tim Draper has adjusted the projected […]
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the SEC Chair or the SEC staff,” he stressed. “It’s an anemic and flawed […]
Elon Musk Sparks Controversy With Twitter Rate Limits — Censorship Expert Says Musk ‘Has Stepped on a Rattlesnake’
Social media giant Twitter has imposed limits on user accounts due to “extreme levels of data scraping and system manipulation,” said Tesla CEO and Twitter chief Elon Musk. The billionaire “has no idea the DARPA rattlesnake he just stepped on by doing this,” a censorship expert stressed, revealing that the U.S. censorship industry needs to […]