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Germany Securities Settlement Bridge
India’s New Crypto Reporting Regulations
Bank of Jamaica Announces Central Bank Digital Current Pilot Program
US Regulatory Developments
Securities Fraud on the Dark Web Using Bitcoin
For the first time, the Securities and Exchange Commission (SEC) has brought an action against an individual, James Roland Jones, in connection with activities on the dark web that the SEC asserts constituted securities fraud under 10(b) and 10b-5 of the Securities Act of 1933, as amended. Mr. Jones is accused of accepting Bitcoin in exchange for selling falsified information on dark web marketplaces. The SEC’s March 18, 2021 complaint describes the attempts by Mr. Jones to first obtain material nonpublic information about the public securities markets, and then after failing to do so, sell false nonpublic information about the public securities markets. Although Mr. Jones did not actually obtain nonpublic information, the SEC asserts that he
South Korea digital currency exchanges to face penalties for anti-money laundering breaches coingeek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coingeek.com Daily Mail and Mail on Sunday newspapers.
Can a cryptocurrency boom in South Korea give a boost for a centralized digital currency?
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March 03, 2021
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Cryptocurrency is enjoying its second nationwide boom in South Korea since 2018. This March, users of the two largest cryptocurrency apps tripled to well over 2 million in just three months. Contrary to the last 2018 cryptocurrency fever in South Korea, which was led by Koreans in their 20s and 30s, a new survey this January reported that nearly half of users at the two largest cryptocurrency exchanges were in their 40s and 50s, representing an older generation. The wide age range of these crypto users indicates that society’s most technologically advanced – and enigmatic – medium of exchange is fast becoming mainstream.