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Philippine Sec Warns Against Crypto Schemes

The Securities and Exchange Commission (SEC) of the Philippines has warned the public against individuals and groups engaged in unauthorized crypto investments and trading, according to an announcement on July 1. The Philippine SEC warned those who were involved in crypto schemes could face a fine or 21 years of imprisonment

YouTube: We’re Not Liable for Crypto Scams

YouTube’s legal team has argued the platform is immune from liability for cryptocurrency scams perpetrated as part of its video content or descriptions.  Attorneys for Ripple and CEO Brad Garlinghouse filed a lawsuit against YouTube in April in response to the platform’s failure to stop XRP scammers and impersonators. Ripple argued

Aussie Exchanges Partner With Crypto Tax Firm as ATO Eyes Traders

Crypto taxation software provider Koinly has announced a partnership with three Australian digital asset exchanges to simplify their clients’ tax reporting. Coinjar, Cointree and Swyftx announced support for Koinly on July 29, allowing the exchanges’ customers to automatically feed trading data to Koinly via csv or API, and access detailed capital

US Lawmakers Advocate for Blockchain Use in COVID Relief Efforts

Members of Congress are urging the federal government to use blockchain solutions to boost COVID relief efforts. In a Wednesday letter addressed to the U.S. President Donald Trump and federal officials, lawmakers said blockchain technology can help identify and authenticate individuals set to receive government benefits, streamline supply chains and create

3 Things You Should Know Before Staking on Ethereum 2.0

It wasn’t long ago the Ethereum 2.0 upgrade went live on an official test network. Developers have been catching mission-critical bugs in the code ever since.  “This is the biggest testnet launch that Ethereum 2.0 has seen… So we learned about things that were frustrating for people. We found some bugs.