Latest from Daniel Palmer
FCA Bans Crypto Derivatives for Retail Consumers in UK
The U.K. watchdog said it considers derivative products to be ill-suited for retail consumers due to the risks they pose.
Oman Central Bank Warns on Crypto 'Risk,' Singles Out Dagcoin
The central bank warned citizens and residents they use cryptocurrencies at their own risk.
OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.
Estonia's Central Bank to Research if Blockchain Can Support a Digital Euro
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency.
Italian Payments Giants Merging to Form Entity That Will Dominate Local Market
The new group will reportedly have an estimated 70% share of the Italian market.
Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery
The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.
CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold
A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.
IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns
The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.
Fed Reserve Governor Brainard Said to Be Biden's Choice for Treasury Secretary
Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.
World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech
JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.
