Crypto Regulation Archives - Page 6 of 8

An illustration: A map of 32 US states with a red 'X' marked through it in each state where Binance US has lost its money transmitter license. In contrast, some other states are shown as green dots indicating they still have active licenses for the crypto exchange. The image also features an empty wallet and coins scattered around on the ground symbolizing financial losses due to non-compliance issues with regulatory requirements. A broken chain in the background represents a lack of trust among investors following Binance US' legal troubles involving former CEO Changpeng Zhao (CZ).

Binance US: Because Losing Money Is Now a Legitimate Business Model in 32 States

And so it continues: Binance US – a crypto exchange that somehow manages to be worse than its already dodgy parent company - is having its […]

Sam Rogers August 16, 2024

Crypto News

Aussie Court Gives Green Light for More People to Waste Their Money on Dubious Cryptocurrency Scheme and Still Get Screwed by Regulators

Australians are not getting richer off this stuff; they're just throwing good money after bad. The crypto bros will be ecstatic about this ruling but it […]

Sam Rogers August 16, 2024

An illustration featuring an empty courtroom with three chairs at the front for defendants and one chair on either side. The defendant's seats are filled but their backs turned towards the judge while a single figure sits alone in each of the plaintiff's seats looking back at them. A large XRP symbol hangs from the ceiling above the judges bench, surrounded by fluttering papers with dollar signs printed on them. In the background, people can be seen walking away through doors and windows as if leaving an empty building.

Crypto News

Cryptocurrency Ponzi Scheme Still Not Entirely Immune From Accountability Lawsuits

So it looks like another day, another dollar spent on lawyers for all the crypto bros trying to make their fortunes off this ponzi scheme. The […]

Kevin Nelson August 16, 2024

An illustration depicting an old-fashioned clockwork mechanism with gears jammed together as steam escapes through broken pipes; nearby lies discarded coal amidst scattered papers on which various Russian symbols are scribbled, while a faint image of a cryptocurrency mining rig can be seen in the background covered by dust and cobwebs. In contrast to this scene, there is an isolated section where modern computer hardware components glow softly under dim light as they seem to operate smoothly despite being disconnected from their surroundings;

Crypto News

Russia’s Quest for Regulatory Sanity Ends in Catastrophic Failure Due to Idiotic Banning of Crypto Mining

The eternal quest for Russian lawmakers to regulate something they clearly don’t understand – this time it’s cryptocurrency mining! Who needs clear rules when you can […]

Doug Martinez August 16, 2024

An illustration: A determined-looking figure stands firm amidst a stormy sea with waves crashing down around them. The figure holds onto an anchor that reads "HODL" in bold letters, while nearby is a sinking ship labeled "$15K". In the distance, another wave crashes against rocks marked "$3K", but the figure remains steadfast and unphased by the turbulent waters. A faint outline of Peter Schiff's face can be seen on one of the waves, looking worried as he tries to warn others about the impending doom. The background is a deep blue with flashes of lightning illuminating the dark sky.

Bitcoin

Peter Schiff Still Can’t Get People to Agree With Him Even When He’s Right About the Imminent Collapse of Bitcoin

Well well well! Look who's trying to stir up some drama about Bitcoin investors refusing to part with their precious. Peter Schiff is at it again, […]

Kevin Nelson August 16, 2024

An illustration of a judge's gavel striking down an image of a red "X" over a cryptic Ponzi scheme pyramid with people falling off its sides and landing safely in their own wallets amidst rising cryptocurrency symbols, all set against a backdrop of Indian law books. A green checkmark rises from the base of the pyramid into the air as it crumbles. The scene is filled with ascending arrows indicating growth and stability. In the foreground, an image of India's national emblem appears on top of a stack of coins representing legal clarity amidst rising cryptocurrency symbols.

Crypto News

India Finally Decides Not to Be Totalitarian Regime and Allows People to Make Their Own Financial Choices, Shocking Nobody

So another High Court in India has decided to join the ranks of those who think cryptocurrency isn't a scam for idiots and criminals (or at […]

Doug Martinez August 16, 2024

An illustration of a giant roulette wheel spinning out of control on top of Moscow Exchange building with money flying everywhere and people running away from it while St Petersburg Exchange building stands nearby looking calm, as if ready to handle the chaos. The scene is set at night under bright moonlight with stars shining in the sky above. In the foreground, there are scattered banknotes and coins amidst broken glass and debris. A faint image of a cryptocurrency symbol can be seen on one of the flying money pieces.

Crypto News

Russia About to Let You Lose All Your Money in One Convenient Location

Russia wants you all to know it's serious about blockchain now! I mean who wouldn't want their country associated with endless speculation and potential losses, right? […]

Kevin Nelson August 16, 2024

An illustration of an old man with a briefcase and walking stick standing at the edge of a cliff overlooking a valley filled with people holding coins in celebration below him; he is looking down relieved while his face shows signs of weariness. In the background there are clouds shaped like bitcoin symbols, some rising up to join them as others fade away into nothingness. The old man's clothes and briefcase have hints of Japanese culture incorporated into their design. A faint image of a clock ticking can be seen in one corner with its hands moving slowly towards 10 o'clock.

Altcoins

Mt Gox Creditors Left Hanging as Kraken Suddenly Realizes They’re Not Actually Gods

Well well well! Look at this mess of Mt.Gox coins finally getting distributed after almost 10 years and you know what? Nobody cares anymore because we […]

Barry Thompson August 16, 2024

An illustration of a grandma holding an umbrella with Bitcoin logos and dollar signs falling from it as she stands on top of a mountain range labeled "Decentralization" while below her is a cityscape representing regulatory overreach, where people are running away from rain. In the background there's a group of suits in fancy clothes looking worried at their watches. The grandma has a determined look and one hand extended towards the sky as if calling for more free money to come down.

Crypto News

Bitcoin’s Last Hope: A Desperate Plea for More Free Money From Grandmas So the Bitcoin Policy Institute Can Keep Its Overpaid Consultants in Fancy Suits

In a move as predictable as it is pathetic, the Bitcoin Policy Institute has launched yet another futile attempt to prop up its beloved cryptocurrency with […]

Sam Rogers August 16, 2024

An illustration of an adult standing at the entrance of a wild party with arms crossed while looking sternly inside; people dancing wildly out of control in the background; one person is shown crashing to the ground. The adult's foot is raised as if about to step into the room, but hesitates mid-air. In contrast, another illustration shows an empty space next to it where a child would be expected, with only darkness and shadows present. A faint image of a parent or guardian can be seen in the distance watching over from afar through a window.

Bitcoin

SEC Stamps Its Foot Down on Crypto Industry’s Wild Party Demands Everyone Just Let Them Get Drunk and Crash Without Any Adult Supervision

The Digital Chamber (TDC) thinks that cryptocurrency should be free from regulation? Give me a break! They're just another group of apologists for the crypto bros […]

Doug Martinez August 16, 2024

An illustration of a central bank building in flames while people are running away from it holding briefcases, surrounded by smoke and firework explosions; below them is an image of 90% being crossed out. In the background there's a calendar with '2029' marked on one page. A token-shaped coin lies broken at their feet. The central bank building has a sign that reads "BSP" in bold letters, while people are wearing business attire and masks to protect themselves from smoke. There is an image of a clock ticking rapidly above the flames indicating time running out.

Crypto News

Philippines’ Central Bank Plans to Create a Token That Will Instantly Lose 90% of Its Value as Soon as It Hits the Market and Then Everyone Involved Will Be Fired

Another laughable attempt by a central bank to create something that will inevitably fail in spectacular fashion! The Philippines' Bangko Sentral ng Pilipinas (BSP) is planning […]

Kevin Nelson August 16, 2024

An illustration: A cartoon central banker stands at a podium with an overflowing money bin behind him; he's surrounded by digital currency symbols floating away like confetti. In his hand, he holds a checkered flag marked "Digital Shekel Challenge" as the background shows Israel in the distance with various fintech logos scattered around it. The scene is set against a bright blue sky filled with tiny payment system icons flying upwards towards him. A few of these symbols have already landed on top of the money bin, which has started to overflow even more due to their weight.

Bitcoin

Bank of Israel Throws Money at Digital Currency Nobody Asked for Because They Clearly Have Nothing Better to Do

Another Central Bank trying to prove they're relevant by throwing money at a project nobody asked for. As if creating more digital currencies would somehow magically […]

Sam Rogers August 16, 2024

Crypto News

Congressman Calls SEC Chair the Worst Harasser Since Your Aunt at Thanksgiving

The crypto bros are at it again! They can't even get a regulation-by-harassment right without turning on each other. Meanwhile, I'm over here just waiting for […]

Kevin Nelson August 16, 2024

An illustration of an empty wallet with cash flying out in all directions while being chased after by a giant hand holding a pair of scissors. The background features a calendar flipping to September and falling apart as it does so. A faint image of a person running away from the scene can be seen at the top, looking worried. In the foreground, there is an arrow pointing downwards with a red X marked through it next to some scattered coins.

Bitcoin

Fed Says September Will Be Great Month for Pretending You Have Money While Actually Having Less of It

Well isn't this peachy! The Federal Reserve thinks it's time for another rate cut because inflation has slowed down. You know what they say: "If you […]

Kevin Nelson August 16, 2024

Crypto News

Justin Sun Wins Court Case Proving He Is Actually Not a Giant Con Artist

You'd think Justin Sun was actually running a real business instead of just printing money with his magic blockchain computer program called TRON! And now he's […]

Sam Rogers August 16, 2024

An illustration: A large globe with a cracked surface in the background; In front of it is an image of a coin (stablecoin) being dropped into a slot labeled as "cross-border payment". The stablecoin has broken through several barriers and obstacles on its way down, symbolizing Russia's move to regulate them. On top of the globe are three flags: Russian flag with a green checkmark; US dollar sign in red color indicating volatility; Chinese flag representing China which is already using Tether’s USDT for payments.

Bitcoin

Russia Crashes Entire Global Economy With One Bold Move: Stablecoin Regulation Is Now Upon Us

The Russians are at it again! They're trying to make stablecoins cool by using them for cross-border settlements. Because what could possibly go wrong with a […]

Doug Martinez August 16, 2024

An illustration of a rollercoaster with steep drops and sharp turns, its cars derailed from tracks in various places; nearby buildings are damaged or destroyed by debris; people running away screaming as others lie injured on the ground. In the background, dark stormy clouds loom over an autumnal landscape where trees have lost their leaves. A faint image of a calendar page showing September can be seen at top left corner with red X's marked through several days indicating missed deadlines or failed predictions;

Crypto News

Summer Market Rollercoaster Still Not Over Because Who Needs Stability Anyway

The stock market can be a thrilling rollercoaster, but investors are bracing for more turbulence ahead - and we're not talking about just any ordinary ups […]

Kevin Nelson August 15, 2024

An illustration of a Port-a-Potty with its door open, spilling out trash and waste onto the sidewalk where people are crying on their knees amidst broken dollar bills and shattered coins while in the background an image of Peter Schiff is shown looking down at them disapprovingly. A bitcoin symbol (₿) lies crushed underfoot near a person's hand reaching for it but unable to grasp due to its proximity to the Port-a-Potty, with several ETF symbols floating away into the distance amidst clouds and rain indicating financial turmoil.

Bitcoin

Peter Schiff Warns That Owning Bitcoin Efts Will Turn Your Wallet Into a Port-a-Potty and Leave You Crying Like a Baby on the Sidewalk

The crypto bros are at it again! Peter Schiff, that infamous gold advocate and bitcoin hater, is warning us all about owning Bitcoin ETFs (Exchange Traded […]

Sam Rogers August 15, 2024

An illustration of a person sitting at an ice cream parlor counter with two cones in front of them: one empty and the other full. The empty cone has a few crumbs on it but no visible signs of being licked or eaten from; the full cone is partially melted, revealing that someone had been eating directly out of it before leaving some behind. A spoon lies next to the person's hand with ice cream stuck in its bowl. In the background there are several people walking by outside through a window while others sit at tables enjoying their own desserts inside.

Crypto News

Court Just Found Out You Can Still Be Sued for Eating Your Own Ice Cream

The crypto bros are celebrating this "victory" without realizing they've just lost their lunch money again! The court dismissed the claims related to secondary BNB sales […]

Linda Williams August 15, 2024

Bitcoin

Ripple CEO Issues Public Plea to Kamala Harris Asking Her Please Don’t Say Anything Bad About Us We’ll Give You a Free XRP if It Helps

Well isn't this just a delightful example of how crypto bros are desperate for relevance? Ripple's CEO trying to curry favor by throwing some shade at […]

Linda Williams August 15, 2024

Bitcoin

Cynthia Lummis Has Brilliant Idea to Save America With Bitcoin – Let’s All Hold Our Breath Until She Realizes It Was a Bad One

You gotta love it when politicians try to sound smart about cryptocurrency without actually understanding what they're talking about. Cynthia Lummis is at it again, introducing […]

Linda Williams August 15, 2024

Crypto Regulation

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