Business

Fed’s Powell has no intent to ban Bitcoin or crypto

Federal Reserve Chairman Jerome Powell believes the federal government needs to regulate the cryptocurrency market, but that a blanket ban on Bitcoin (BTC) and other

Business

The infrastructure bill is hanging in the balance. What would its enactment mean for crypto?

Later today, the United States House of Representatives is expected to vote on the bipartisan Infrastructure Investment and Jobs Act of 2021, a bill authorizing

Business

Binance hires former IRS-CI special agent to head intelligence division

Cryptocurrency exchange Binance has hired a former United States Internal Revenue Service agent to head its new intelligence division, a strong indication that the company

Business

CoinEx crypto exchange to remove all mainland China users in October

CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations. The company officially announced on Thursday that it was going

Business

Germany’s 2021 election: What do parties think of crypto and blockchain?

The use of new technologies such as blockchain or artificial intelligence has been in the spotlight lately and gaining more acceptance from governments around the

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New Zealand central bank releases issue paper on digital currency

The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC). The paper outlines CBDC purposes, designs,

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CFTC charges 12 New York crypto options businesses with failing to register

The Commodity Futures Trading Commission (CFTC) has charged 12 New York-based crypto options businesses with allegedly failing to register with the regulatory body. In a

Business

Tether scores win in class action case as court dismisses RICO claims

The judge in the class-action lawsuit filed in the Southern District of New York against stablecoin issuer Tether and crypto exchange Bitfinex has granted motions

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First cryptocurrency fund approved in Switzerland

Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments. The Swiss Financial Market Supervisory Authority

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Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion’

Resistance is mounting to U.S. President Joe Biden’s reported plans to tap a staunch banking and crypto critic to run the Office of the Comptroller