CFPB proposes crypto firms refund users for funds lost to hacks

Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said. “I believe many banks have been dressing up de-banking as a regulatory necessity. In fact it is often anti-competitive behavior and far more sinister and threatening than it appears on the surface,” the Liberal Senator for…

Cryptocurrency and blockchain firms are attracting billion-dollar valuations as the space continues to see major investment in 2021. The likes of exchanges Coinbase and Kraken have had mind-boggling numbers attached to their plans to raise funds, with the former set to go public through a direct listing and the latter preparing for a lucrative fundraising…

“Americans should be confident that regulators are working on behalf of the public, rather than auditioning for a high-paid lobbying job,” said 5 senators and House members. 246 Total views 3 Total shares Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the…

“The Market Report” with Cointelegraph is live right now! 811 Total views 19 Total shares In this week’s episode of “The Market Report,” Cointelegraph’s resident experts showcase where to find some of the best stablecoin yields in decentralized finance, or DeFi.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets.…

A senior United States federal official has argued that Facebook’s Libra highlights the need for the Federal Reserve (Fed) to act urgently and launch its own real-time payments system.In a letter addressed to the Federal Reserve’s Board of Governors on Nov. 7, Rohit Chopra —  a commissioner at the United States Federal Trade Commission —…

The two wallets acquired a total of 1,000 Bitcoin more than 10 years ago — when BTC was worth $134 each.

Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address. 344 Total views 3 Total shares Own this piece of history Collect this article as an NFTSignature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and…