A Bruce Springsteen-quoting SEC Commissioner told a Chicago blockchain audience that she wants her agency to provide a grace period for digital asset projects to develop free of worry about securities regulation interfering with their token issuances.
The American Ethereum developer Virgil Griffith has pleaded not guilty to charges that he violated U.S. sanctions by, among other things, traveling to North Korea and speaking at a cryptocurrency conference there.
Navinder Singh Sarao escaped possible detention in a U.S. prison for anywhere from 78 to 97 months when he was sentenced yesterday in Chicago to one year of detention to be served at his parents’ home in Hounslow, west London. The term of the sentence begins today.
Navinder Sarao pleaded guilty to roughly $13 million worth of spoofing on his first visit to the United States in November 2016. Wearing leg irons and an orange prison jumpsuit in a Chicago federal court, Sarao was freed on bail pending final sentencing, which occurs today, January 28, 2020.
Crypto-asset trading platforms, often called “exchanges,” are the largest employers in the crypto-asset industry, according to the Blockchain Association’s research report on trends in human capital. Huobi Global, the industry’s largest, employs about 1300 people.
The Bank for International Settlements is joining with central banks, including those of Canada, Switzerland and the U.K., to study the potential usefulness of central bank digital currencies in local and international business.