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China Designated as Currency Manipulator by United States Treasury


In what can be termed as an unexpected turn of events, the United States Treasury has designated China as a Currency Manipulator. The announcement has been done via the Treasury Department’s official Twitter handle on 5th August, followed by a press release.  U.S. Treasury Designates China as...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

How Government Agencies Make Criminals of Crypto Traders


A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...

The Myth of Authority: Mnuchin Denies USD Is Used Criminally


U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of...

Market Buoyed as US Treasury Sec Backs Trump’s Anti-Crypto Sentiments


Source: YouTube/[URL="www.youtube.com" target="_blank"]CNBC[/URL] Politicians on both sides of the Atlantic had contrasting messages for Facebook and its forthcoming Libra project, as the social network begins its grilling at the hand of both American houses of parliament. In the United States...

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