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US Treasury Dept's Reported New Rule Might Increase Bitcoin Surveillance
18.12.2020
While the national treasury of the US federal government is said to be on the brink of proposing a new transaction reporting rule, many in the Cryptoverse argue that it would not affect investors and/or that regulations concerning so-called "self-hosted" wallets are nonsensical. However...
US Treasury to hire crypto policy officers to combat industry crimes
18.12.2020
FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry
Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked
14.12.2020
Yearn continues to rapidly expand through acquisitions, leading some to call it the Amazon of DeFi. While a U.S. Treasury hack serves as a reminder of the amount of financial data in circulation
'Bitcoin never gets hacked' — crypto players respond to US Treasury breach
14.12.2020
"Bitcoin means trusting a SHA256 algorithm more than the U.S Treasury," quipped Blockfolio
US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets
12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...
Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban
10.12.2020
The crypto industry and regulators need time to collaborate on better regulations
Politicians, Industry, Crypto Fans Unite to Reject Treasury Wallet Plans
10.12.2020
Resistance to a new bill rumored to be in the pipelines at the American Treasury Department is growing amid fears that the measure is “potentially being jammed through without congressional review, and without meaningful industry engagement.”
Many in the crypto industry – including Coinbase...
Canadian Crypto Company Increases Its Bitcoin Treasury Holdings to $3.6 Million
10.12.2020
BIGG Digital Assets, a Canadian crypto company, revealed this week that it bought 40 additional bitcoins for long-term treasury holding. The purchase increased BIGG’s reserves to 189.5 bitcoins valued at US$3.63 million in total. The Canadian Securities Exchange-listed firm spent about CAD$1...
US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs
10.12.2020
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."
Congresspeople tell Treasury to back off of rumored self-hosted wallet ban
10.12.2020
Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved
Microstrategy Plans a $400 Million Capital Raise to Buy More Bitcoin
9.12.2020
Microstrategy Inc., said Monday that it is planning to sell $400 million in convertible senior notes to private investors so that it could buy more bitcoin. The Nasdaq-listed business intelligence and mobile software company already holds 40,824 bitcoin (BTC) in reserve, valued at $776 million...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
G7 Officials Stress Need to Regulate Digital Currencies: US Treasury
7.12.2020
The U.S. Treasury Department issued a statement following a virtual call with other G7 members
Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury
5.12.2020
Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoins. CEO Michael...
Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation
4.12.2020
The department wants state and federal regulators to keep a vigilant watch on digital asset innovation
Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
2.12.2020
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. Meanwhile, onchain...
Canadian Public Company Dumps Ethereum and Monero for Bitcoin
30.11.2020
A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings,...
What Janet Yellen as Treasury Secretary Means for Bitcoin and Markets
28.11.2020
NLW looks at price action in crypto, the ETH 2.0 Beacon chain launching Dec 1, the Dow at 30,000 and Janet Yellen’s nomination as Treasury secretary
Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’
28.11.2020
Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8.5 billion being recorded across...