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Janet Yellen Offers US Senate a More Nuanced Take on Crypto
21.1.2021
“I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities,” Janet Yellen wrote
Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’
21.1.2021
Former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience. In his latest comments about bitcoin, Summers,...
Multibillion Dollar Fund Manager Ruffer Sees Long Trend of Institutional Bitcoin Adoption
21.1.2021
British investment management firm Ruffer has revealed that its bitcoin holdings now account for about 3% of its entire portfolio of approximately $29 billion. The firm believes that we are “at the foothills of a long trend of institutional adoption and financialization of bitcoin.”...
Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review
21.1.2021
President Joseph Biden has frozen all agency rulemaking, including former Treasury Secretary Steven Mnuchin’s controversial proposal on “unhosted wallets,” according to a prominent cryptocurrency lawyer. The story is developing and will be updated
Janet Yellen Reveals Plans for Bitcoin — Sees Cryptocurrencies Used Mainly for Illicit Financing
20.1.2021
Janet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use needs to be curtailed. Janet Yellen Reveals Her Plans for Cryptocurrencies In...
The Relationship Between US Government Debt and Bitcoin, Explained
20.1.2021
Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC
US Treasury Secretary Nominee Hints at Brand New Crypto Environment
20.1.2021
The US Treasury secretary nominee Janet Yellen has made a splash in the Cryptoverse with her recent quotes about cryptocurrencies, but she actually made a few other points in her address yesterday that may affect and ultimately form an environment for crypto in the United States.
All eyes in...
Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML
19.1.2021
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."
Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing
19.1.2021
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said
Uniswap's founder wants your advice on how to spend $500 million
19.1.2021
With Uniswap's treasury now worth more than $500 million, creator Hayden Adams has asked the crypto community for suggestions on how to spend it
Treasury backs down: Crypto monitoring rule will wait until new administration
14.1.2021
A big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian
New Comptroller of the Currency announced: Will he be as good for crypto?
14.1.2021
Acting Comptroller of the Currency Brian P. Brooks is officially stepping down after eight months at the OCC
UK Treasury Calls for Feedback on Approach to Cryptocurrency and Stablecoin Regulation
12.1.2021
The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations
UK Government Asks Crypto Industry to Provide Insights on Its Regulatory Approach
12.1.2021
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is initiating a “regulatory approach to cryptoassets and stablecoins” for 2021 following the Brexit turmoil. Special Focus...
US Treasury Department Lacks Power to Pass FinCEN Bill – Coin Center
8.1.2021
Statue of Albert Gallatin, the fourth Secretary of Treasury, in front of the Department of Treasury building in Washington, D.C. The controversial draft anti-money laundering/know-your-customer (AML/KYC) crypto compliance regulations proposed by the US Treasury Department and the Financial Crimes...
65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule
7.1.2021
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement
Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen
7.1.2021
Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will...
Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule
5.1.2021
PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch
With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal
5.1.2021
It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny
Miami’s Mayor Considers Putting Some of City’s Treasury Reserves in Bitcoin
4.1.2021
Miami Mayor Francis Suarez is exploring putting a percentage of his city’s treasury reserves in bitcoin. Miami is currently working on accepting the cryptocurrency as a means of payment for city services and taxes. The mayor believes that “Bitcoin has been a stable investment during...