New York Attorney General Launches Inquiry Into Cryptocurrency Exchanges

As part of an effort to protect cryptocurrency investors and bring greater transparency into how cryptocurrency exchanges operate, New York Attorney General Eric Schneiderman has sent letters to 13 virtual currency exchanges requesting they disclose key information about their operations.“With cryptocurrency on the rise, consumers in New York and across the country have a right […]

IMF’s Lagarde: Bitcoin ‘Could Have a Significant Impact on How We Save’

In an official International Monetary Fund Blog post yesterday, IMF Managing Director Christine Lagarde showered positive sentiment on the cryptocurrency market, though also cautioned against both “crypto-condemnation” and “crypto-euphoria.” Instead, the French lawyer suggests taking a rational, clear-minded approach towards the regulation of digital assets. ‘A Significant Impact’ The cryptocurrency market is absolutely brimming with […]

Telegram CEO Is Using Bitcoin to Help Bypass Russia’s App Ban – CoinDesk

Telegram founder Pavel Durov said Tuesday that he has been paying network administrators in bitcoin to bypass a government ban on his popular messaging platform. The messaging app’s creator announced Tuesday in his Telegram channel that he had created bitcoin grants for administrators running virtual private networks (VPNs) and other proxy services to allow users access […]

Binance, Bitfinex and More: NY Launches Inquiry Into Crypto Exchanges – CoinDesk

New York’s Attorney General is taking a closer look at some of the world’s most popular cryptocurrency exchanges. Attorney General Eric Schneiderman announced the “Virtual Markets Integrity Initiative” on Tuesday, saying it was “a fact-finding inquiry into the policies and practices” of cryptocurrency trading platforms. Letters were sent to 13 exchanges, seeking information about their “operations, […]