With impending confirmation as the country’s top banking supervisor, will Sarah Bloom Raskin implement a bitcoin bias in Federal Reserve regulation?

read more

For the first time, Her Majesty’s Revenue and Customs has seized three NFTs amid a wider tax fraud investigation in the United Kingdom.

The tax authority made three arrests in connection with a suspected tax evasion using shell companies and false identification.

The Bitfinex hack worth nearly 120,000 BTC has caught the attention of Netflix. The streaming giant has ordered a documentary series about the couple’s alleged scheme to launder bitcoin that amounted to 72 million dollars at the time of the hack in 2016.  Reportedly, Chris Smith, known for FYRE: The Greatest Party That Never Happened […]

The post Netflix Announces Documentary Series On Bitfinex Hack appeared first on CryptoCoin.News.

The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital...

The post Couple Arrested for Role in 2016 Bitfinex Crypto Hack appeared first on Live Bitcoin News.

PayPal brought aboard specialists to establish a crypto advisory council

The post The Latest in Crypto Hiring: PayPal, Crypto.com Add to Digital Assets Headcount appeared first on Blockworks.

Jonathan Gould, a former OCC Senior Deputy Comptroller, has been named the company’s new Chief Legal Officer by Bitfury Group. Gould will be responsible for managing the firm’s basic legal functions, as well as providing strategic guidance to the management and board of directors. Gould will also engage with policymakers and regulators around the world on behalf of Bitfury and its portfolio firms. Brian Brooks, the CEO of Bitfury, will be his boss.  Gould has been one of the most influential voices on financial law and policy in the United States during the last decade. He most recently served as Senior Deputy Comptroller and Chief Counsel at the US Office of the Comptroller of the Currency (OCC). Prior to joining the OCC, Gould worked as a Chief Counsel for the US Senate Banking Committee. He also worked with BlackRock, the world’s largest asset management company, and Promontory Financial Group, worldwide financial services, and a fintech consultancy firm.  Brooks commented on the development, saying:  “Jonathan is an accomplished legal professional who brings two decades of experience in financial services, law and regulation to Bitfury. His time sitting at the table for some of the most important policy conversations impacting the crypto industry in the United States will be extremely valuable as Bitfury endeavors to play a larger role in these conversations around the world. We are thrilled to have Jonathan on board as we seek to leverage our best-in-class technology and team to bring blockchain into the mainstream.” While Gould commented about his new job: “I look forward to blending my legal, traditional finance, and crypto knowledge to help Bitfury and Web 3 continue to grow and flourish amidst an evolving policy and regulatory landscape.”

The post Jonathan Gould Would Join Bitfury as a Chief Legal Officer appeared first on Cryptoknowmics-Crypto News and Media Platform.

Gintautas Mezetis is Paysera's new CEO as it plots a move into the banking business.

Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the chairman of France’s markets watchdog AMF. Global Regulators Going Full Steam on Cryptocurrency Regulation Robert Ophèle, chairman of France’s markets watchdog, the Autorité des marchés financiers […]

Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use

The post Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets appeared first on Fintech Singapore.