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France Passes Bill to Allow Insurance Providers to Invest in Crypto and Tokens

As the CoinTelegraph writes, French insurance markets can now invest in cryptocurrencies, following the passage of a new law, foreign exchange news agency FXStreet reports April 11. On April 11, the National Assembly of France adopted a bill that is designed to stimulate local business development, including redirecting savings from individuals to businesses, according to local […]

Bitcoin Trader Pleads Guilty Over Unlicensed Exchange Business

A 21-year-old bitcoin trader from California has pleaded guilty to operating an unlicensed money transmission business and now faces a maximum of five years in prison, the CoinDesk writes. According to a news release issued Monday by the Attorney’s Office of the Southern District of California, the trader, Jacob Burrell Campos, admitted as part of a plea deal […]