CipherTrace says 12.1% of Bitcoin funds sent to Finnish exchanges come directly from criminal sources. As a percentage, that’s the highest worldwide, making Finland a hotspot for illegal Bitcoin. LocalBitcoins, a peer-to-peer crypto marketplace, is partly to blame. It is based in the Finnish capital of Helsinki, and received 99% of these ill-gotten funds, according to a report.
Irish drug dealer claims $60 million in Bitcoin thrown away while in jail
Which is very convenient as police know the public addresses of the wallets where they’re stored, and have formally seized the ill-gotten gains
Irish police have come to believe that jailed pot dealer Clifton Collins lost key codes to nearly $60 million worth of bitcoins when his landlord threw out his belongings.
‘If legislation does not exist, is everything permitted?’: An in-depth look at Russia’s long path to crypto legislation
Russia has been struggling to pass comprehensive cryptocurrency reform for over two years. With the bill on crowdfunding finally set to go into effect in 2020, what’s going on with the arguably more crypto-related bill on digital financial assets?
Russia’s path to cryptocurrency legislation been long and complex, but that’s nothing out of the ordinary for a country seems to do a lot of things the hard way.
Overwrought vs. overhyped: From France and America, dueling views of digital currencies
Whether issued privately by Facebook’s or publicly by a central bank, digital currencies bring strong opinions and flights of rhetoric
Flights of rhetoric surrounding Facebook’s Libra stablecoin and other digital currencies has reached impressive heights at times. But former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo took it beyond the stratosphere in an October 15 editorial, comparing the launch of an American central bank-backed digital currency to the Apollo 11 mission.