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US Congressman Drafts Bills to Aid Blockchain Development

US Congressman Drafts Bills to Aid Blockchain Development U.S. Representative Tom Emmer wants to support the development and use of blockchain technology and cryptocurrencies. To that end, the lawmaker announced a trio of blockchain-focused bills Friday, saying he intends to introduce them into Congress in the coming weeks. The bills …

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Reports: Taiwan Police Arrest Cody Wilson Following Assault Charges

Reports: Taiwan Police Arrest Cody Wilson Following Assault Charges Taiwan police have arrested Cody Wilson just days after Austin police accused him of sexually assaulting a minor, CBS Austin reported Friday. Citing the Taiwan Criminal Investigation Bureau (CIB), CBS said Wilson was arrested this morning. The arrest was seemingly confirmed …

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California Bans Bitcoin Donations in Political Campaigns

California Bans Bitcoin Donations in Political Campaigns Candidates running for public offices in the U.S. state of California may not receive donations in cryptocurrencies, according to a new ruling from the state’s political watchdog. The Associated Press reported Thursday that the Fair Political Practices Commission (FPPC) for the Golden State voted …

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Coinbase Disputes Claims in New York Attorney General’s Exchange Report

Coinbase Disputes Claims in New York Attorney General’s Exchange Report A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase’s chief policy officer, …

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Coinbase Refutes Claims in New York Attorney General’s Exchange Report

Coinbase Refutes Claims in New York Attorney General’s Exchange Report A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash from industry players. In a blog post published Thursday, Coinbase’s chief policy officer, …

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Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds

Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds The Texas State Securities Board has taken emergency action against three crypto investment schemes it alleges are attempting to defraud local investors. According to a news release published Tuesday, the board’s commissioner, Travis J. Iles, entered a first emergency cease-and-desist order …

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New York AG Report Faults Crypto Exchanges for Manipulation Risks

New York AG Report Faults Crypto Exchanges for Manipulation Risks The New York Office of the Attorney General (OAG) has released a report on cryptocurrency trading platforms, finding that many are vulnerable to market manipulation and referring several exchanges to another agency for potential violations of state law. The NYAG’s …

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Digital Assets Don’t Change Reporting Needs, SEC’s Top Accountant Says

Digital Assets Don’t Change Reporting Needs, SEC’s Top Accountant Says The chief accountant for the Securities and Exchange Commission has said that companies have a responsibility to follow accounting standards when working with blockchain and digital assets. Wesley Bricker spoke before the AICPA National Conference on Banks & Saving Institutions …

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Landmark Crypto Crime Case Ends With Jail Sentence for GAW CEO

Landmark Crypto Crime Case Ends With Jail Sentence for GAW CEO Josh Garza, the CEO of the now-defunct cryptocurrency mining company GAW Miners, has been sentenced to 21 months in prison after pleading guilty to a wire fraud charge. Garza was given six months home confinement as part of a …

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BitGo Receives Regulatory Approval to Custody Crypto Assets

BitGo Receives Regulatory Approval to Custody Crypto Assets Crypto security startup BitGo has received approval in the U.S. to act as a qualified custodian for digital assets. The company, which has spent most of 2018 attempting to launch a regulated custodian entity, announced that the BitGo Trust had been approved …

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