Is Uniswap (UNI) a Security? Lawyers Divided, While Token Skyrockets
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As the DeFi gravy train keeps on rolling, lawyers have begun to ask the question that will likely one day end up on the lips of regulators: Are tokens like…
Month: September 2020
96 posts
Axion’s Launch Heralds a New Era for Income Investors
Disclaimer: The text below is a press release that was not written by Our. From the earliest days of the cryptocurrency revolution, most observers inside and outside the industry have…
Regulators in France and Italy Chase More Crypto Scams
France’s top financial regulator has published a new list of investment websites that do not have authorization to operate within the country, including the so-called digital asset service providers (DASPs).…
MicroStrategy CEO On Buying Bitcoin While Trillions ‘Melting’ In Treasuries
Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s…
US Treasury Sanctions Russian Cyber Criminals For $17 Million Crypto Theft
Per a press release from the Treasury Department, the two men are Russian nationals who participated in a ‘sophisticated phishing campaign’ in 2017 and 2018. The men, Danil Potekhin and Dmitrii Karasavidi,…
The Bahamas To Launch ‘Sand Dollar’ CBDC In October Ahead Of China, Others
The currency, called ‘Sand Dollars’, will be available everywhere in the country. This, the country hopes, will improve the rate of financial inclusion as it will reach some of the…
While DeFi Tokens Are Selling Off, Total Value Locked Jumps
After seeing a near-meteoric price rise this summer, the tokens of many well-known DeFi protocols were hit by a wave of selling pressure today, causing most tokens in the space…
A New ‘Wave of Regulatory Obligations’ Over Crypto Players in EU
In what is described as the most comprehensive regulatory framework for cryptoassets to date, a leaked EU draft document reveals that both issuers of cryptoassets and providers of related activities…
SEC Orders Unikrn ICO Issuers to Offer Refund to Token Purchasers
The US top regulator has stepped in to stop yet another ‘initial coin offering’ (ICO) after its operators failed to register their tokens as a security. The principals of eSports…
What Does Nigeria’s Proposed Crypto Regulation Mean for Crypto in Africa?
The Securities and Exchange Commission of Nigeria recently announced that it will be regulating the trade of digital currencies in the country. “Issuers or sponsors of virtual digital assets shall…
