California's financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes.
The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), a legal requirement in the U.S.
A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday.
A publicly backed blockchain project to stop counterfeit goods from entering the European Union is trying to avoid mistakes of the past, its founder told CoinDesk.
The U.K. government is still set on turning the country into a crypto hub despite the recent cabinet shuffle and new prime minister.
Excerpted from Survival of the Richest: Escape Fantasies of the Tech Billionaires
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.
The war in Ukraine may have undermined many Russian companies, but not mining facilities: clients from the West keep coming to the country for cheap power and reliable uptime.