Alleged ‘shadow banker’ for crypto exchanges moves toward guilty plea on unlicensed money transmission business charge

Alleged “shadow banker” Reginald Fowler appears set to plead guilty to operating an unlicensed money transmittal business on Friday. In Apr. 2019, Fowler and Israeli national Ravid Yosef were arrested together for allegedly running “a shadow bank that processed hundreds of millions of dollars of unregulated transactions on behalf of Read more…

Lawmaker Proposes Bill For State-Chartered Institution For Blockchain & Crypto Innovations

An Oklahoma lawmaker has come forward with the proposition of creating a financial institution chartered by the state and that functions as a central crypto depository for government agencies in the state. Senator Nathan Dahm wants to provide an infrastructure backed by the government, for cryptocurrencies and blockchain-related technology. As Read more…

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