How US wealth levy force millionaires to accept Bitcoin
A tax on the ultra-wealthy could nudge them towards crypto in certain respects, but hiding assets is not one of them. A fair tax on...
Trump’s former economic adviser on why Bitcoin is not a “trustworthy store of value.”
On its way down, the price of Bitcoin sometimes encounters several bearish sentiments arguing that the currency should not have been trading at such a...
XRP holders denied participation as third-party claimant in the Ripple-SEC lawsuit.
The judge presiding over the SEC-Ripple case has rejected the assets holders' request to appear as third-party claimants in the legal dispute. Judge Analisa Torres...
Over $40b in stimulus payments likely to end up invested on Bitcoin.
Following the approval of the trillion-dollar stimulus programme by US officials, many Americans got their own stimulus checks. According to a recent survey, Mizuho Securities...
According to Coin Centre, the proposed FinCEN law is a “grave danger to personal privacy.”
The advocacy group takes aim at the new obligation to produce currency transaction reports for crypto transactions in its most recent statement. Following the United...
US Congress adopts bill banning digital coins from securities legislation
A bill to exempt digital currencies from being defined as shares has been reintroduced in the U.S. Congress. The Token Taxonomy Act will also exclude...
Floyd Mayweather-promoted ICO’s Co-founder jailed for 8 years .
The co-founder of the fraudulent 2017 ICO Centra Tech was sentenced to eight years in prison for his role in the scheme. Sohrab Sharma, co-founder...
BitGo is granted a confidence licence by New York regulators
Goldman Sachs-backed crypto custodian BitGo has secured a licence from the New York Trust to act as an independent custodian in the state. Major American...
Ripple is loyal to San Francisco, said co-founder Chris Larsen.
In October last year, Chris Larsen, co-founder of Ripple, said that the company would consider moving to other countries, citing a lack of regulatory transparency...
Yellen’s criticism of Bitcoin dismissed by Miami Mayor
Miami and Mayor Francis Suarez have worked over the last few weeks and months to position the city as the country's leading crypto-hub. "We want...
How central bank’s pledge to buy more bonds benefits Bitcoin
Panic has been visible across financial markets and global banks for a while now, with central banks across the world escalating attempts to tackle this...
US judge dismisses the case of crypto fraud against the BNT token issuer.
The U.S. Federal Judge ruled that the case against the crypto corporation Bancor had been dismissed, citing the lack of personal jurisdiction and the plaintiff's...
Why Peirce thinks that DeFi would provide SEC with a successful regulatory test
The SEC commissioner described the DeFi space as "a work in process" but "alluring." overall. Hester Peirce, U.S. Commissioner. The Securities and Exchange Commission, dubbed...
Why Eric Rosengren, Reserve Bank of Boston President expects Bitcoin to come under pressure.
Bitcoin soared to a fresh all-time high of $56,425 earlier today, and its market cap reached $1 trillion for the first time in history. Despite...
Ripple’s XRP sales suppressed the price of the coin, a changed court lawsuit alleges
The SEC alleges that Ripple executives misled investors and manipulated the price of XRP coins by creating a "information vacuum." The United States Securities and...
Why congress says Robinhood culpable, not Reddit
We didn't learn anything new at today's hearing, but the focus was certainly on the gamified trading tool, rather than the R/WallStreetBets traders. Vlad Tenev,...
Uncertainty as SEC vs Ripple may be determined by a jury
Ripple v. SEC, according to the top crypto-lawyer, is unlikely to see a jury trial. Jeremy Hogan, a follower of the SEC case against Ripple...
US charges three North Korean hackers for crypto attacks and WannaCry ransomware
The Department of Justice prosecuted three hackers associated with the notorious Lazarus Group. On Wednesday, the United States Department of Justice reported charges against three...
NYDIG gets the support of Morgan Stanley, files for SEC’s Bitcoin ETF in US
The crypto-focused financial services firm filed S-1 paperwork with the SEC, re-launching the debate on the Bitcoin ETF. New York Digital Investment Group, or NYDIG,...
Miami council backs city’s proposal to pay workers in Bitcoin
The Miami City Commission is now looking into the possibility of allowing Miami residents to pay taxes and earn salaries in Bitcoin. Miami Mayor Francis...
Crypto abuse epidemic on the rise, says US Treasury Secretary ,Janet Yellen
The private sector is spending massive resources to help the U.S. government battle crypto crimes. Secretary of the Treasury Janet Yellen said so. U.S. Secretary...
U.S: Why investing in Bitcoin without crypto-exchanges and digital wallets possible in 2021
Looking for the adrenaline rush to invest in Bitcoin but without the trouble of crypto-exchange and digital wallets? An exchange-traded fund might appeal, except that...
Lawyers on why Elon Musk bitcoin tweets might trigger SEC’s rage.
Elon Musk's rampant Twitter behaviour, according to lawyers, could get him into hot water with the SEC. Legal advisors warned that Tesla Chief Executive Elon...
Wisconsin woman charged over murder for hire she paid in Bitcoin
A Wisconsin resident was charged with allegedly using a dark website to plot a murder that involved payment in Bitcoin. Local news found that the...
USA crypto investors perception compared to Japanese crypto investors perception
Perceptions and feelings associated with stocks and cryptos differ from place to place, with the difference also depending on a host of local factors. The...
SEC charges Steven Seagal-spruiked’s 2018 ICO promoters.
The SEC has charged three people with defrauding investors out of millions via the Steven Seagal-backed Bitcoiin2Gen ICO. The U.S. Securities and Exchange Commission has...
DoJ convicts 49-year-old man on illicit Bitcoin exchange service charge
According to the United States Department of Justice (DoJ), a man from Ontario, California, has decided to plead guilty to federal allegations of illicit crypto...
Why legal experts say Ripple’s reply to SEC was on Point
It's been a little over 24 hours since Ripple's official response to the SEC complaint has been released. Since then, Ripple's native crypto asset, XRP,...
Why SEC says it’s looking at the Robinhood Debacle
Fearing that new delistings and uncertainty are "undermine market confidence," the U.S. securities regulator says it is looking into the Robinhood Debacle. The U.S. securities...
Virgil Griffith, an Ethereum crypto programmer and former hacker, dragged to court for helping North Korea escape sanctions
Virgil Griffith, a crypto entrepreneur accused of helping North Korea escape sanctions by appearing at the Pyongyang Crypto Conference in 2019, now faces a tribunal....
US Institutions Why Bitcoin Instability Would Linger Yet Temporary
Bitcoin is facing yet another turbulent period in the middle of FUD and expecting the Chinese New Year's impact on markets. The asset price also...
Chainalysis to the rescure, helps United States’ DoJ authorities to hit a major malware operator
In an action that also included the Bulgarian authorities, the Department of Justice confiscated half a million dollars in cryptography from NetWalker. With the assistance...
Early Bitcoin trader Chamath Palihapitiya is running for governor of California.
Bitcoin billionaire is expected to run for California governor. Early Bitcoin trader and business proponent Chamath Palihapitiya has indicated a possible run for the California...
How Yellen’s installation is reviving abandoned crypto monitoring rule
The Treasury has opened the feedback period for its self-hosted wallet specifications for another 60 days. The US Treasury Department's now-infamous plan to demand reports...
Heath Tarbert to stayas part of the five commissioner as Biden’s CFTC chair takes over
However, Tarbert's brief term was noteworthy for transparency on cryptocurrencies in U.S. law. Heath Tarbert is no longer the chairman of the Commodity Futures Trading...
Ripple co-founder sells 28.6M XRP pins hopes on Biden administration
General counsel for Ripple Stu Alderoty expected that Joe Biden's presidency would definitely "help level the playing field" for crypto. After the end of 2020...
REVEALED: Biden’s pick to run the SEC has some serious interest in crypto and blockchain
Biden's pick to run the SEC has some serious crypto and blockchain chops on it. President-elect Biden's office recently unveiled additional candidates it plans to...
Brian Brooks Bitcoiner’s Friend No More US OCC Acting Comptroller
U.S. Office of the Controller of the Currency (OCC) reported on 14 January that Brian Brooks, the Acting Controller of the Federal Department, would step...
President-elect, Joe Biden taps Gary Gensler, MIT blockchain professor to head his SEC
Gensler taught a course on the future use of blockchain technology—entrepreneurs and incumbents—to transform the world of money and finance. President-elect Biden eventually agreed that...
How approval of Bitcoin ETF by SEC in US will adversely impact future of bitcoin market- JP Morgan
The analysts of JP Morgan say the U.S. Securities and Exchange Commission (SEC) allowing a bitcoin exchange-traded fund (ETF) is expected to be unfavourable for...
Why the $3T stimulus spending package, Prez-Elect, Biden Readies could favour further BTC growth?
Biden's fiscal stimulus package could push the price of the BTC higher. The incoming Biden administration's proposal to flood the US economy with trillions of...
USD’s share of world reserve currencies plummets while Yen’s rises
The dominant status of the US dollar as the reserve currency of choice could be in trouble as its share of global currencies kept...
Buffett has just 1 bitcoin and more than 1 million TRX-Justin Sun
Justin Sun, the founder of the famous cryptocurrency network Tron, said in a tweet earlier today, January 4, 2021, that against general opinion, billionaire Warren...
Crypto stakeholders forces Treasury’s hands to enhance crypto monitoring proposal
With 6 hours left, Treasury logs almost 6000 responses on the crypto tracking proposal. Despite many reactions to the timeline truncated, public responses are expected...
XRP investors urge court to prohibit the SEC from declaring their portfolios securities
XRP owners do not want their shares to be bundled with Ripple's. Several investors in XRP filed a lawsuit with the Rhode Island Court trying...
Former investigator: IRS likely speeding up crypto tax payment into enforcement
The former top investigator warns that the IRS may be moving the crypto tax payment authority to high gear. A former senior prosecutor warns that...
XRP Community Appeals to the White House to Consider XRP a Currency
XRP community have launched a petition to the US federal government, requesting for an official recognition of XRP as a currency On December 29, 2020,...
FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate...
Clock ticking on adoption: Will Central Banks Hold Bitcoin in 2021?
Famed blockchain investor and Aike Capital creator Alex Krüger tweeted on Jan. 1 that the bitcoin – gold partnership requires a closer look. Central Banks...
Congressmen chide the Treasury for adopting a proposed crypto surveillance plan
As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Nine congresspeople have signed on...
Leading US Banking Regulator worried about the Capitol Hill’s Repealing of Pro-Crypto Regulations
Acting Currency Controller and former Coinbase legal officer, Brian Brooks, said he was worried that members of the Congress were advising the incoming Biden administration...
Bitcoin this Week: Foresee Gains as Trump Signs Stimulus Bill
Bitcoin is showing no signs of upside exhaustion despite continuous pullback warnings. The flagship cryptocurrency broke north of $28,000 during the weekend session that helped...
XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges
Cryptocurrency exchanges in India have expressed shock by the recent announcement of the US lawsuit against Ripple Labs Inc. The US Securities and Exchange Commission...
Biden and Yellen will crack down on crypto ‘criminal cesspool’ — Nouriel Roubini
In his latest ill-fated tweet, "Dr. Doom" Roubini spells out the death of cryptocurrency again, just as XRP gains 35% and Bitcoin aims for new...
Novogratz hopes Biden admin reverses Trump’s anti-crypto stance
Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden...
Miami mayor calls Bitcoin ‘stable investment’ during unstable year
Mayor Francis Suarez is learning about Bitcoin from the Winklevoss twins and Anthony Pompliano. Miami mayor Francis Suarez is the latest high-profile figure to tout...
The SEC shows some mercy to broker-dealers handling security tokens
In a Christmas present for the crypto industry, broker-dealers who abide by existing rules while holding security tokens in custody will not face enforcement action...
US Congress: no cryptocurrencies’ impact on dollar status
Internal Congressional Research says there is no evidence of the dollar losing its status as the dominant reserve currency. However, lawmakers might want to look...
Congressional researchers: Lawmakers may want to consider how digital currency legislation could impact USD’s reserve status
Congress's in-house research service says there's no evidence the dollar is losing its place as the dominant reserve currency — but it may benefit lawmakers...
United States Congress Agree on $900 Billion Stimulus Bill, What it Means for Bitcoin
Senate Majority Leader Mitch McConnell says that United States Congress has reached an agreement on a proposed $900 billion pandemic stimulus package, according to CNBC....