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Trump Views Crypto a Threat, Proposes Countermeasures in New Budget


The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts...

Bakkt Launches Bitcoin Options in US, Futures in Asia


Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures...

Bakkt CEO Will Be Asked to Fill Georgia Senate Seat in 2020: Report


Crypto exchange Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U.S. Senate until the special election in November 2020.  Loeffler will likely be asked next week to serve as the replacement of U.S. Senator Johnny Isakson, who has announced...

FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’


In a recent U.S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern...

Why Central Banks Are Not Designed for Democracies


Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...

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