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Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions

Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks. Source: https://cointelegraph.com/rss Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions

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China crackdown shows industrial Bitcoin mining a problem for decentralization

The great hash rate plunge caused by an exodus of miners from China shows large scale Proof-of-Work mining facilities are vulnerable to regulation. Source: https://cointelegraph.com/rss China crackdown shows industrial Bitcoin mining a problem for decentralization

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'We don't have much time left' to regulate crypto, says Bank of France governor

“We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty,” said Francois Villeroy de Galhau. Source: https://cointelegraph.com/rss 'We don't have much time left' to regulate crypto, says Bank of France governor

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South African asset manager denies stealing billions from users, claims $5M was lost in hack

AfriCrypt’s founders deny running off with billions in customers funds, asserting they went into hiding after receiving death threats from “dangerous people.” Source: https://cointelegraph.com/rss South African asset manager denies stealing billions from users, claims M was lost in hack

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Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown

Faster Payments is no longer an option for Binance customers in Britain amid increasing regulatory pressure. Source: https://cointelegraph.com/rss Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown