UK's Financial Watchdog Issues Letter to Banks on Crypto Risks
The U.K.'s Financial Conduct Authority has written to bank CEOs over the risks of "facilitating financial crimes which are enabled by cryptoassets."
Source: https://www.coindesk.com/uks-financial-watchdog-issues-letter-to-banks-on-risks-of-crypto/
LA Bitcoin Trader Faces 30 Months in Jail for Illegal Money Business
A 50-year-old woman, who traded bitcoin as "Bitcoin Maven," faces 2.5 years in jail for having run an illegal money transmitting business.
Source: https://www.coindesk.com/la-woman-faces-30-months-in-jail-over-illegal-bitcoin-business/
What Would Happen to Crypto In a Global Market Meltdown?
CoinDesk advisory board director Michael Casey takes a look at the state of investor psychology as it relates to the crypto markets today.
Source: https://www.coindesk.com/what-would-happen-to-crypto-in-a-global-market-meltdown/
Swiss City Plans Blockchain Voting Pilot Using Ethereum-Based IDs
The Swiss City of Zug is launching a pilot that will allow residents to vote electronically, with both polling system and IDs based on blockchain.
Source: https://www.coindesk.com/swiss-city-plans-to-vote-on-blockchain-using-ethereum-digital-id/
CFTC Demands Crypto Exchange Data In Market Investigation
The U.S. regulator has subpoenaed four crypto exchanges to submit trading data as part of an investigation into market manipulation.
Source: https://www.coindesk.com/cftc-demands-crypto-exchange-data-in-market-investigation/
$6K Next? Bitcoin Bear Market Back After 10% Drop
Bitcoin's drop below $7,000 signals a resumption of the sell-off from the record highs in December, according to technical studies.
Source: https://www.coindesk.com/6k-next-bitcoin-bear-market-resumes-after-10-drop/
Source: https://www.coindesk.com/