• Stock graph with upward trend, symbolized with a penny
    Bitcoin,  People

    WB21 client pleads guilty to $165 million penny stock fraud

    Roger Knox laundered funds through WB21, a payment processor allegedly holding $9 million of cryptocurrency exchange QuadrigaCX’s lost funds

    Roger Knox pleaded guilty to a $165 million pump-and-dump on Jan. 13. He allegedly processed the ill-gotten gains via Michael Gastauer's WB21.

  • Capitol Building on Capitol Hill in Washington DC
    Regulation,  United States

    Blockchain Association, Chamber of Digital Commerce support Telegram

    The two advocacy groups submitted amicus briefs to the court. One opposes the SEC’s lawsuit; the other asks the agency to do a better job defining digital assets

    The Blockchain Association and the Chamber of Digital Commerce, two Washington, D.C. based-advocacy groups focused on blockchain and digital assets, filed amicus briefs Tuesday in the U.S. Securities and Exchange Commission's case against messaging app Telegram.

  • Vodafone says Africa is calling. Gonna focus on M-Pesa instead of Libra. (via iStock)
    Cryptocurrencies,  Libra

    Vodafone quits Libra Association

    The British telecom giant has become the eighth big company to withdraw from Facebook’s troubled cryptocurrency project

    Vodafone has withdrawn from the Libra Association, the independent governing council for Facebook’s global cryptocurrency project. The British telecom giant said that it wants to switch gears and put the resources it originally intended for Libra into its African mobile money transfer service M-Pesa. 

  • The Bank of England (George Rex via Flickr, CC-BY-SA).
    Politics

    6 central banks team up to explore digital currencies

    England’s apex bank is joining forces with the Bank of Canada, the Bank of Japan, the European Central Bank, and others to study use cases for central bank digital currencies

    The Bank of England’s statement said the group will explore “CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.”