- 25 November, 2024
FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’
Michele Korver, the first-ever chief digital currency advisor for the Financial Crimes Enforcement Network’s (FinCEN), believes crypto assets are just another way of transferring value.
Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’
Representative Ted Budd of North Carolina, a member of the House Financial Services Committee and Congressional Blockchain Caucus, has urged lawmakers to embrace decentralized innovation.
Okcoin secures regulatory approval in Malta and the Netherlands
Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators. In a
Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs
North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States.
IMF intends to ‘ramp up’ digital currency monitoring
The International Monetary Fund, or IMF, plans to “step up†its monitoring of digital currencies, according to a report by Reuters. This intent, as published in
Bitcoin hash rate rebounds as major miners are coming back online
China’s stringent crypto regulations meant closing shop for many Chinese businesses within the Bitcoin (BTC) mining ecosystem. The sudden disappearance of Bitcoin miners from the grid
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs
Nano seeks $700K in costs from plaintiff who dropped class action with ‘absurd’ claims
An ongoing lawsuit involving crypto project Nano has taken another turn this week when the developers sought a sanction after the plaintiff dropped the case.
Senators add crypto taxes to infrastructure deal to raise $28B in extra revenue
Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is accelerating crypto adoption. Lummis made the comments while sharing an interview she