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Bitmex Charged With US Rules Violations — Owners Face Criminal Charges, Prison
2.10.2020
Cryptocurrency derivatives trading platform Bitmex has been charged with illegally operating in the U.S. Concurrently, its executives, including CEO Arthur Hayes, have been charged with violations of the Bank Secrecy Act and are facing prison sentences. One of the Bitmex founders has already been...
Bitwise Bitcoin Fund Doubles to $9M as Investor Fears Grow Over Runaway Inflation
28.9.2020
Record fiscal stimulus has pushed wealthy investors to invest in Bitwise's bitcoin fund as a means to hedge against inflation
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency
26.9.2020
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from...
First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches
24.9.2020
Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead
Federal Reserve Bank reveals details of digital dollar research
24.9.2020
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector
Canadian Regulated Cryptocurrency Exchange Wealthsimple Begins Trading
23.9.2020
Following the regulatory sandbox approval by Canadian regulators, Wealthsimple announced that it has launched “Canada’s first regulated crypto platform.” The new crypto exchange is regulated by the federal government as well as regulators in 13 provinces and territories in Canada....
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
US banking regulator authorizes federal banks to hold reserves for stablecoins
21.9.2020
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators
UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years
18.9.2020
The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price...
Debt without consent: The tragedy of monopolized fiat money
18.9.2020
Why the government should make a monetary transition to Bitcoin, and the problems that cryptocurrency would help solve, such as preemptive war and national debt
Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank
17.9.2020
Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday...
First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K
17.9.2020
This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules
Bitcoin Falls Back Below $11K as Markets Doubt Fed’s Ability to Boost Inflation
17.9.2020
Prevailing doubts over whether the Fed has what it takes to hit its 2% inflation target hit traditional markets and may have contributed to a bitcoin price drop on Thursday
Fed expects near 0% interest rates for years, potentially boosting BTC's value proposition
16.9.2020
Bitcoin keeps looking better and better each time the U.S. devalues its own currency
Market Wrap: With Fed Rate Policy Unchanged, Bitcoin Passes $11K; Ether Options Bet on Price Below $400
16.9.2020
Bitcoin's price continues to trend upward while the ether options market signals bearish sentiment
Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11k
16.9.2020
Federal Reserve officials said Wednesday that they would hold U.S. interest rates close to zero and work to push inflation above 2% "for some time."
3 reasons Bitcoin price just hit $11,000 despite altcoin stagnance
16.9.2020
The price of Bitcoin surged past $11,000 but it might be too early to expect a significant rally to begin
First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable
16.9.2020
Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections
All Eyes on Fed Reserve Rate Announcement, as Bitcoin Fights for $11K
16.9.2020
With the Fed's decision on rates due later Wednesday, bitcoin traders will be watching the U.S. dollar action