Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation
Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience ‘Big Evolution,’ Says Goldman Sachs’ Chief David Solomon, the CEO of global investment bank Goldman Sachs, shared his view on cryptocurrency regulation in an...
SEC v Ripple: Court Denies SEC’s Request for Personal Financial Records Not Connected to XRP
In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and Exchange Commission (SEC) for personal financial records of Ripple’s executives that are not connected to XRP. The court says that it “is not convinced” that personal banking records would show the violations as claimed by the SEC. Another Win for XRP in SEC v Ripple Case In the lawsuit brought by the U.S. SEC against Ripple Labs, CEO Brad...
HSBC Changes Crypto Policy, Now Bars Clients From Buying Stock of Companies That Hold Bitcoin
HSBC has reportedly changed its policy regarding cryptocurrency. The bank now prohibits customers from buying the stock of public companies that hold bitcoin, like Microstrategy. All of the companies with bitcoin treasuries could be on the chopping block at HSBC. HSBC Now Bars Clients From Buying Crypto and Crypto-Related Stocks Like Microstrategy British bank HSBC has reportedly become more strict with its crypto policy. The bank now...
Is Site-Blocking Reducing Piracy or Helping to Disperse it Elsewhere?
As one of the most popular anti-piracy tools, site-blocking attracts plenty of attention. Originally a mechanism to prevent static torrent and streaming sites from reaching their audiences, site-blocking is now just as likely to encompass relatively nimble live TV and sports streaming platforms too. Over the past several years, Danish anti-piracy group Rights Alliance has invested considerable resources into blocking all kinds of...
Nigerian ‘Scam Artist’ Used Apple, Amazon and Tidal to Cash in on Pirated Music
Legal streaming services such as Spotify and Apple Music have been the music industry’s most effective weapon against piracy. Many people don’t even bother ripping or downloading albums of tracks nowadays. The legal alternatives are just more convenient. Despite this success, legal streaming platforms have their challenges as well. For years, artists have complained about low payouts. And to make things worse, ‘pirates’ are starting...
