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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
Dear Crypto Derivatives Industry, Let’s Not Repeat 2008
20.1.2021
As the crypto derivatives industry begins to take off, it needs to avoid the lack of transparency that plagued the industry in the 2000s, when the financial system collapsed
European Commission, ECB Unite to Consider Potential Pitfalls of the Digital Euro
20.1.2021
The digital euro project may get underway in mid-2021 after a period of reviewing any "policy, legal and technical questions" by the two institutions
Trustee of Collapsed Exchange to Ask Court to Resolve Crypto vs. Fiat Creditor Claims Tussle
20.1.2021
Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX
Bitfinex Says It’s Nearly Done Turning Over Documents to NYAG
19.1.2021
The document production process has already stretched over a year
Bitcoin Is Aiding the Ransomware Industry
19.1.2021
We are living in a world where the second-order effects of permissionless money – like the greater use of ransomware – are already evident
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
The US Can Make Bitcoin Mining Greener
19.1.2021
With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact
State of Crypto: What the Crypto World Should Watch for in the Biden Era
19.1.2021
The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding
Thieves Grab $451K in Cash From Hong Kong Crypto Trader
19.1.2021
The robbers lured a female cryptocurrency trader into an office and threatened her with a weapon, according to a report
Enjin Coin Becomes First Gaming Cryptocurrency Whitelisted for Use in Japan
19.1.2021
ENJ has been given the official nod by the Japan Virtual Currency Exchange Association, a self-regulatory body
Gary Gensler Confirmed as Joe Biden’s SEC Chair Pick
18.1.2021
Gary Gensler has taught courses about blockchain at MIT
Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency
18.1.2021
Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role
Livecoin Exchange Announces Closure After December Hack
18.1.2021
Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds
Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures
18.1.2021
The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
18.1.2021
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate
IMF Tells Governments: Spend as Much as You Can and Then Spend More
17.1.2021
The head of the International Monetary Fund (IMF) has called on countries worldwide to spend as much as they can and then spend more. She admitted that this is a “very unusual” policy for the IMF but it is needed to revive economies. Many people are interpreting her statement as very...
Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
17.1.2021
Russia is now holding more gold than U.S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U.S....