Terrorists Prioritize Crypto Over fiat in Latest Funding Scheme | Crypto

Terrorists Prioritize Crypto Over fiat in Latest Funding Scheme

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-The SEC has sent a letter to Grayscale Investments asking about their securities law analysis of tokens in a few smaller crypto trusts.
-The questions from the SEC show uncertainty about Grayscales crypto trusts, and the regulator is looking at cracking down on tokens that it believes should fall under U.S. securities law.
-Grayscale disclosed the inquiry in filings from June and mid-August. In the disclosures, Grayscale acknowledges that three cryptocurrencies of the Stellar (XLM), Zcash (ZEC) and Horizen (ZEN) blockchains may currently be a security, based on the facts as they exist today.
-The Afghanistan central bank has passed down a national ban on cryptocurrency, with the Taliban arresting numerous dealers who were illegally trading digital tokens.
-Some Afghan citizens had been using crypto to preserve their wealth and keep it from the Taliban, as crypto was being used to move money in and out of the country after it was shut off from the global banking system.
-Singapore is scrutinizing crypto-related firms in its city-state as more regulations are slated to begin.
-The Monetary Authority of Singapore has issued a questionnaire to some applicants and holders of its digital payment license, asking about business activity and holdings.
-Bitcoin was stuck around $20,000 as of Sunday (Aug. 28) showing that the crypto market was retreating along with the U.S. stock market.

open graph Terrorists Prioritize Crypto Over fiat in Latest Funding Scheme

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