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Tag Archives: Tells

UK Financial Watchdog Tells Banks to ‘Enhance Scrutiny’ on Crypto Clients

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! The United Kingdom’s financial regulator and watchdog has urged bank CEOs to follow good practices to lessen the risk of financial crimes brought on by the abuse of cryptocurrencies. In a letter [PDF] addressed to domestic bank CEOs, the UK’s Financial Conduct Authority (FCA) ...

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‘I’ve Got More Money Than Your Country’: Craig Wright tells Rwanda

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. “I’ve got more money than your country.” With those words, bitcoin cash promoter and self-described bitcoin creator Craig Wright found himself embroiled in yet another controversy, this time at an information technology conference in Rwanda. The nChain Group CTO made this inflammatory statement earlier this month at ...

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Australian PM Turnbull Tells Government Agency to Study Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. Australian prime minister Malcolm Turnbull, the country’s most powerful political official, has directed the government’s Digital Transformation Agency (DTA) to study potential applications of blockchain technology across government. Addressing a Senate Estimates committee on Monday night, DTA chief digital officer Peter Alexander revealed that PM Turnbull ...

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Can’t Unilaterally Rule on Bitcoin Legality, India’s RBI Tells Supreme Court

Join our community of 10 000 traders on Hacked.com for just $39 per month. India’s central bank is pushing back against a court-approved petition seeking regulation – effectively legalization – of cryptocurrencies like bitcoin in the country. The Reserve Bank of India (RBI), the country’s central bank and financial regulator, has responded to a public interest litigation (PIL) filed in ...

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Anti-Crypto ‘Expert’ Tells British Govt. Blockchain Is Just a Fad

Join our community of 10 000 traders on Hacked.com for just $39 per month. On Tuesday, a director of a leading think tank stood before the British Parliament’s Treasury Select Committee and called out blockchain technology as “magic wand, pixie-dust things” that is a “fad” and “a distraction from looking at getting some of the basics rights” in the banking ...

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Think Tank Director Tells UK Parliament That Blockchain Is ‘Pixie Dust’ and ‘Magic Wands’

Martin Walker, director of the Center for Evidence-Based Management, dismissed blockchain technology, calling it a “pixie dust” fad before the British Parliament, Business Insider reported May 1. Walker, who directs a think tank that aims to improve the quality of executives’ decision-making, spoke before the Treasury Committee at a hearing on blockchain in the financial system. Walker said it can ...

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New York Tells Cryptocurrency Exchanges to be More Transparent

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency exchanges need to make transparency a greater priority, the New York Attorney General’s office said on Tuesday. Writing in a letter addressed to 13 cryptocurrency exchanges, New York Attorney General Eric Schneiderman’s office requests that companies provide information on a range of topics related to ...

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Declare Cryptocurrency Gains or Losses, South Africa Tells Taxpayers

Join our community of 10 000 traders on Hacked.com for just $39 per month. South Africa’s tax agency has told taxpayers that cryptocurrency-related income will fall under normal tax rules and may also be liable for capital gains tax. The South African Revenue Service (SARS) has reminded taxpayers that the onus is entirely on them to declare cryptocurrency gains or ...

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Mike Hearn tells Bitcoin Cash

Join our community of 10 000 traders on Hacked.com for just $39 per month. Early Bitcoin developer Mike Hearn isn’t coming back to the open-source community, but he does have some thoughts on what has transpired since he cut ties with the project in 2016. Hearn — who now develops distributed ledger technology (DLT) at banking consortium startup R3 — ...

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Mt. Gox CEO Mark Karpeles tells Creditors: I’m on Your Side

Join our community of 10 000 traders on Hacked.com for just $39 per month. Former Mt. Gox CEO Mark Karpeles has a simple message for creditors of the disgraced, now-defunct Bitcoin exchange: I’m on your side. Karpeles, who oversaw the Tokyo-based exchange during its infamous collapse in 2014, reiterated this claim in a Reddit AMA on Wednesday, alleging that he ...

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