The cryptocurrency industry accumulates 2 billion USD fines in the United States since bitcoin was launched in 2009 - The cryptocurrency industry accumulates $ 2.5 billion in fines in the United States since bitcoin was launched in 2009. The vast majority-around 2.3 billion-are related to unregistered securities offerings and fraud. According to data from the analysis firm Elliptic, which is mentioned in Bloomberg, US regulators have sanctioned both companies and individuals.

The principal amount of fines came from the Securities and Exchange Commission ($1,690 million) and the Commodity Futures Trading Commission ($624 million).

Most of the penalties came in 2020, when Telegram Group agreed to return $ 1.2 billion to investors and pay a fine of $ 18.5 million to resolve its open proceedings with the Securities and Exchange Commission (SEC). That has been the largest monetary sanction dictated by US regulators.

Cryptocurrency industry accumulates 2 billion USD fines

The second most copious sanction was a $ 571 million fine imposed earlier this year 2021 by the Commodity Futures Trading Commission (CFTC) on Control Finance LTD and Benjamin Reynolds for fraud.

In 2017, the cryptocurrency industry experienced one of its most popular moments. The rapid rise in the price of bitcoin and other cryptocurrencies coincided with a spike in ‘Initial Coin Offerings’ (ICOs), in which companies and projects raised billions of dollars in cryptocurrencies through crowdfunding. Many of these ICOs violated securities laws, while some were completely fraudulent.

Cryptocurrency industry accumulates 2 billion USD fines

In 2021, digital currencies are living, again, another big boom, the price of many has reached historic highs, although the movements of regulators (both US and other countries) have caused a wave of sales in recent months. This week (June 21-27, 2021), cryptocurrencies have been hit by China's growing crackdown on the crypto ecosystem.

Cryptocurrency industry accumulates 2 billion USD fines

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Tenants will be able to benefit from European aid for housing rehabilitation: the Government plans to allow the rent to be forgiven in exchange for paying for the works

The urban regeneration program, which the Government has included in the Recovery, Transformation and Resilience Plan with the second largest amount of funds planned for its disbursement, will have more beneficiaries than initially estimated, given that the Executive plans include that tenants of habitual housing can benefit from European aid for housing rehabilitation as well as owners.

Thus, tenants will be eligible for these grants in the case of rehabilitations of complete buildings or individual homes, in the same way as it happens with their landlords, as they have revealed sources from the Ministry of Transport, Mobility and Urban Agenda Five Days, which highlights that both groups will have access to bonuses and direct subsidies for improving energy efficiency.

In total, the plan for the rehabilitation of housing and urban regeneration is endowed with 6.820 million euros, of which 3.420 million euros will be used to subsidize works for the improvement of the conditioning energy in individual homes, entire buildings, or neighborhood scale, with which the Executive is expected to create 188.000 jobs, contribute to 13,500 million euros to GDP growth and to contribute to reducing the non-renewable energy and CO2 emissions.

These 3.420 million for rehabilitation, a little less than 2,000 million will be allocated to the reform of buildings to the full, which is one of the possibilities that the tenants would benefit of the european aid, according to the economic daily, which explains why they may agree with your landlord to pay for the works to change the amount of your rent or be able to take the initiative to reach an agreement with the community of owners to request aid.

In principle, the rehabilitation plan includes grants to cover between 40% and 100% of the cost of the works depending on their impact on improving the sustainability of the building or its energy efficiency. This measure focuses on actions to reinforce the facade, to install photovoltaic panels or common boilers and will also include a tax deduction of up to 60% in the IRPF on the aid received, which will also be applied to individual homes.

Thus, in the case of housing rehabilitations tenants can also benefit from direct aid of up to 5.000 euros per home and tax breaks that the Government has included in the rehabilitation plan if they start improvement works in the house they rent, although for this you will need the agreement of the owner to benefit from European funds.

Finally, neither tenants nor landlords will be able to receive aid for the rehabilitation of neighborhoods, or neighborhoods, since grants are focused on professionals who will carry out the comprehensive reforms, that will have to allocate at least half of its intervention areas of residential use, while in the rehabilitation of buildings, this percentage rises to 70%, according to Five Days, which states that the 510.000 reforms that the Government expected to pay should be completed by June 26, 2026.