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U.S. Regulation Round-Up: Politicians Faceoff Against Crypto Bosses
U. S. regulation of crypto assets is an ongoing issue for current politicians. This month, Capitol Hill played host to a watershed moment for crypto adoption in the U. S. Six executives from prominent crypto firms set out to demystify various aspects of their industry. дальше »
2021-12-20 03:04
How Central Bankers Enrich Themselves: The Case of Sweden and the United States
Six top officials of the Swedish central bank Riksbank made millions of dollars investing in stocks and funds - gains that may have been influenced by the bank's policy decisions during the Covid-19 crisis, a new report reveals. дальше »
2021-10-29 16:58
U.S. Becomes New Hashrate King Following Ongoing Beijing Crackdown
Due to a serendipitous confluence of political, geographical, and jurisdictional stability, as well as low-cost energy in U. S. states, coupled with Beijing’s recent crypto crackdown, bitcoin mining is booming in the U. дальше »
2021-10-14 19:13
White House Administration Considers Crypto Executive Order
A draft for an executive order concerning cryptocurrencies is reportedly being circulated among senior officials and regulators, proposed by the White House administration under President Joe Biden. дальше »
2021-10-10 18:29
Latest Candidate for Head Bank Regulator Highlights Risks of Crypto
U.S. officials are on the prowl to fill the role of top bank regulation, and their latest candidate is no friend to the crypto space. The post Latest Candidate for Head Bank Regulator Highlights Risks of Crypto appeared first on BeInCrypto. дальше »
2021-8-5 16:35
John McAfee Found Dead in Spanish Prison Ahead of Extradition to US, Report
Antivirus software mogul John McAfee has been found dead in his cell within the Brians 2 prison near Barcelona, Spain. The post John McAfee Found Dead in Spanish Prison Ahead of Extradition to US, Report appeared first on BeInCrypto. дальше »
2021-6-24 00:15
SEC Charges CEO of Crypto Startup for Unregistered ICO
The SEC order found that from August 2017 through January 2018, Loci and its CEO raised $7.6 million from investors in an ICO by offering and selling crypto tokens called “LOCIcoin.” The post SEC Charges CEO of Crypto Startup for Unregistered ICO appeared first on BeInCrypto. дальше »
2021-6-23 09:53
Ron Paul: Let Bitcoin Compete With the Dollar
Former United States Congressman and Presidential Candidate Ron Paul says that bitcoin (BTC) ought to be allowed to compete with the dollar. The post Ron Paul: Let Bitcoin Compete With the Dollar appeared first on BeInCrypto. дальше »
2021-6-4 16:00
OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools
The requested application will be used by investigators in order to properly analyze and monitor virtual currency transactions. The post OFAC Makes Second Request for Chainalysis’s Blockchain Analytics Tools appeared first on BeInCrypto. дальше »
2021-5-27 22:05
White House Studying Gaps in Oversight of Cryptocurrency
The White House has been working with officials from the Treasury Department to highlight and study the bigger issues surrounding crypto. The post White House Studying Gaps in Oversight of Cryptocurrency appeared first on BeInCrypto. дальше »
2021-5-26 22:40
Overline Aims to Build World’s Largest NFT Museum
According to Overline chairman Todd Morley, the project will enable decentralized wireless communication across the city. The post Overline Aims to Build World’s Largest NFT Museum appeared first on BeInCrypto. дальше »
2021-5-26 18:41
IRS Looking Into Ways to Monitor Activity Within Crypto Wallets
The IRS is looking into cracking tools for crypto wallets to “tame the cybersecurity research into measured, repeatable, consistent digital forensics processes.” The post IRS Looking Into Ways to Monitor Activity Within Crypto Wallets appeared first on BeInCrypto. дальше »
2021-5-25 21:20
Goldman Sachs Analyst Initiates Coinbase Coverage With Buy Rating
Godman Sachs states that Coinbase Global could soon surge as much as 36%, to over $300. The post Goldman Sachs Analyst Initiates Coinbase Coverage With Buy Rating appeared first on BeInCrypto. дальше »
2021-5-24 18:53
NBA’s Brooklyn Nets Considers Offering Tickets via Bitcoin
Nets CEO, John Abbamondi, says that his organization is ready to make an announcement “in the coming weeks or months” in regards to cryptocurrencies. The post NBA’s Brooklyn Nets Considers Offering Tickets via Bitcoin appeared first on BeInCrypto. дальше »
2021-5-22 20:47
Gensler Mentions Crypto in His Address to FINRA, Urges to Follow ‘Spirit of the Law’
Chairman Gary Gensler brought up cryptocurrencies in his first address of the Financial Industry Regulation Authority. The post Gensler Mentions Crypto in His Address to FINRA, Urges to Follow ‘Spirit of the Law’ appeared first on BeInCrypto. дальше »
2021-5-21 16:20
US Treasury Plans to Raise Additional $700B Through New Tax Compliance Measures
The U.S. Treasury Department plans to raise an additional $700 billion through the new tax compliance measures. The post US Treasury Plans to Raise Additional $700B Through New Tax Compliance Measures appeared first on BeInCrypto. дальше »
2021-5-21 23:00
Crypto Tax USA — How the IRS, Exchanges and Services Work Together
The United States recently passed Tax Day. While always a daunting deadline for crypto traders, the recent changes in tax requirements for cryptocurrencies made it even harder. The post Crypto Tax USA — How the IRS, Exchanges and Services Work Together appeared first on BeInCrypto. дальше »
2021-5-19 19:03
US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users
Minnesota congressman Tom Emmer has introduced the Safe Harbor bill to protect taxpayers with Forked Assets Act from Internal Revenue Service (IRS) penalties. The post US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users appeared first on BeInCrypto. дальше »
2021-5-18 15:50
IRS & DOJ Set Sights on Binance to Root Out Illicit Activity
Binance, one of the largest cryptocurrency exchanges, is facing an investigation by the IRS and the DOJ. The government entities are looking for information from individuals with insights into the exchange’s business practices. дальше »
2021-5-13 21:09
Figure Securities Becomes SEC-Registered Alternative Trading System
Figure Technologies Inc. announced today that its subsidiary, Figure Securities Inc., has become a FINRA-approved broker-dealer. The post Figure Securities Becomes SEC-Registered Alternative Trading System appeared first on BeInCrypto. дальше »
2021-5-13 21:49
US SEC Warns Against Investment in BTC Futures Market
The U.S. Securities and Exchange Commission warns against investment in the BTC futures market and BTC in general in a statement, on May 11. The post US SEC Warns Against Investment in BTC Futures Market appeared first on BeInCrypto. дальше »
2021-5-13 18:30
Greenidge Expands Mining Operations, Raises Environmental Concerns
The struggle between cryptocurrency’s climate impact and environment groups grows with news of Greenidge power plant’s planned expansion. The post Greenidge Expands Mining Operations, Raises Environmental Concerns appeared first on BeInCrypto. дальше »
2021-5-11 22:34
Grayscale Becomes First Crypto Sponsor of NFL Team with Giants’ Team-Up
The Giants organization is hoping their partnership with Grayscale will help guide them in navigating the cryptocurrency ecosystem. The post Grayscale Becomes First Crypto Sponsor of NFL Team with Giants’ Team-Up appeared first on BeInCrypto. дальше »
2021-5-5 22:30
Oakland Athletics Begin Selling MLB Game Tickets Priced in DOGE
The Oakland Athletics announced via Twitter their team up with Dogecoin to offer ticket pairs in the popular cryptocurrency. The post Oakland Athletics Begin Selling MLB Game Tickets Priced in DOGE appeared first on BeInCrypto. дальше »
2021-5-5 22:00
Former US Treasurer Joins Ripple’s Board Amidst Legal Battle With SEC
Ripple announced Tuesday that it had appointed former United States Treasurer Rosie Rios to its board of directors. The post Former US Treasurer Joins Ripple’s Board Amidst Legal Battle With SEC appeared first on BeInCrypto. дальше »
2021-5-5 20:30
Bitcoin Depot Launches More Than 350 New Crypto ATMs in US
Cryptocurrency ATM network Bitcoin Depot has announced the launch of over 350 crypto ATMs across the United States. The post Bitcoin Depot Launches More Than 350 New Crypto ATMs in US appeared first on BeInCrypto. дальше »
2021-5-4 21:56
Digital Dollar Project Launches 5 Pilots to Measure Value of US CBDC
The Digital Dollar Project (DDP) is launching at least five pilot programs over the next year. The post Digital Dollar Project Launches 5 Pilots to Measure Value of US CBDC appeared first on BeInCrypto. дальше »
2021-5-3 17:30
SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar
SEC Commissioner Hester Peirce stated the planned digital yuan will not eclipse the dollar. She cited the growth of stablecoins backed by the greenback. The post SEC Commissioner Says Chinese Digital Yuan Will Not Dethrone US Dollar appeared first on BeInCrypto. дальше »
2021-5-2 11:48
Golden State Warriors Become First US Sports Team to Release Own NFT
Golden State are diving headfirst with an extensive collection of digital memorabilia which they have named the “Golden State Warriors Legacy NFT Collection.” The post Golden State Warriors Become First US Sports Team to Release Own NFT appeared first on BeInCrypto. дальше »
2021-4-28 22:20
Sean Culkin of Kansas City Chiefs Is Taking Full 2021 Salary in Bitcoin
On Monday morning, Sean Culkin made NFL history. Not for any on-field accomplishments but reportedly for being the first NFL athlete to take his full salary in bitcoin. The post Sean Culkin of Kansas City Chiefs Is Taking Full 2021 Salary in Bitcoin appeared first on BeInCrypto. дальше »
2021-4-27 18:45
Tax Concerns May Have Contributed to Bitcoin Dip
U.S. President Joe Biden has proposed almost doubling the capital gains tax for the wealthy, which may have contributed to bitcoin’s already sliding price. The post Tax Concerns May Have Contributed to Bitcoin Dip appeared first on BeInCrypto. дальше »
2021-4-24 19:40
Coinbase Opens Trading on Nasdaq, Marking Major Milestone for Crypto Industry
Coinbase first declared its intention to go public in December 2020. It then formally filed for a public listing with the United States Securities and Exchange Commission (SEC) in February 2021. In March, a private auction on the Nasdaq Private Market set the preliminary price of Coinbase shares at $350 each. дальше »
2021-4-14 20:41
Higher Taxes and More Regulation: What’s in Store for Bitcoin in 2021?
As the crypto industry inches closer to the $2 trillion market cap mark, its refreshed hype cycle is all but certain to capture the attention of regulators. The post Higher Taxes and More Regulation: What’s in Store for Bitcoin in 2021? appeared first on BeInCrypto. дальше »
2021-3-30 10:11
Test Your Crypto Knowledge With BIC’s Weekly Quiz — March 13
This week, non-fungible tokens (NFTs) dominated the news. From several famous rappers joining the space to an NFT auction hosted by the world-famous Christie’s which saw records broken. Away from crypto art, crypto businesses broke records themselves, with eye-watering valuations. дальше »
2021-3-14 17:22
Biden’s Stimulus Check to Push Crypto Market to New Highs
On March 6, the House of Representatives approved US President Joe Biden’s economy-saving $1. 9 trillion stimulus package. The announcement has had a colossal positive impact on cryptocurrency prices. дальше »
2021-3-12 18:32
New York Attorney General Calls on Crypto Industry to ‘Play by the Rules’
On Monday, March 1, New York Attorney General Letitia James urged the cryptocurrency industry to “play by the rules.” Otherwise, the regulator “will shut you down.” The post New York Attorney General Calls on Crypto Industry to ‘Play by the Rules’ appeared first on BeInCrypto. дальше »
2021-3-2 00:04
Wildcat Crypto: Will History Repeat Itself?
The United States Stable Act, introduced in 2020 but never passed, sought to address a problem that dates back to before the US Civil War: the fraud of issuing a currency with no real value. The post Wildcat Crypto: Will History Repeat Itself? appeared first on BeInCrypto. дальше »
2021-3-2 23:53
America’s Oldest Bank (NY Mellon Corp) Enters Crypto Custody Industry
Crypto Custody Meets Legacy America’s oldest bank, Bank of New York Mellon Corp. , will officially offer crypto-custody services to its clients. In the announcement, Mellon Corp. said the bank would also issue cryptocurrencies for clients of its asset management wing. дальше »
2021-2-12 15:48
A New US Tech Strategy for the Biden-Harris Administration: Report
The 120-page report arrives at a time of a major change in leadership as the Biden-Harris administration takes the helm. The report intends to provide a new way of thinking for US technology innovation going forward. дальше »
2021-2-10 17:17
How Reddit Traders Rekt Wall Street and Thrust Crypto Into the Global Spotlight
It all began with cat food Chewy. com co-founder Ryan Cohen started buying GameStop shares last August. By the time he became GameStop’s largest stockholder, he was warning America’s largest videogame retailer to shutter brick and mortar stores in favor of an online model. дальше »
2021-1-31 18:59
Costa Ricans Need Crypto Alternatives to US Dollar-Backed Colonia
Article 166 of Costa Rica’s Labor Code, for example, allows for employees’ salaries — if they exceed the amount covering the minimum wage — to be paid using forms of compensation including cryptocurrency. дальше »
2021-1-28 05:55
Full Blown Collapse of USDT May Have Huge Effect on Wider Market
Tether and Bitfinex finally had to turn over documents to authorities in New York. They had extended a deadline to produce financial documents to be scrutinized by the courts. If the New York attorney general can find proof of fraud, then the number-three cryptocurrency could be in for a rocky road. дальше »
2021-1-26 17:37
Sequoia Offers Employees Partial Salary in Bitcoin
Sequoia Holdings will offer its employees’ salaries in cryptocurrencies such as Bitcoin, Bitcoin Cash, and Ethereum. The company did, however, state that, for the moment, only a portion of their salaries would be available in these cryptos. дальше »
2021-1-22 23:35
Grayscale May a Have Secret Chainlink Trust
Grayscale Investments has been one of the loudest voices in crypto. And the first firm to offer crypto exposure to institutional investors. The company has been a vocal supporter of crypto. дальше »
2021-1-22 22:41
President Biden and Crypto: What You Need to Know
Nerves and Release Joe Biden’s inauguration today was met with fanfare and nerves. After the Jan 6 attack on the Capitol building in Washington, there was a bit of tension in the air. Eugene Goodman, a Capitol police officer who calmly and singlehandedly kept an angry group at bay, was in attendance. дальше »
2021-1-21 21:33
US Comptroller of Currency Warms Up to DeFi Banks
When the U. S. Office of the Comptroller of the Currency announced that money transfers could be settled in stablecoins, it was met with a lukewarm response. While the move was pro-digital currency, it did not support the beloved decentralization explicitly. дальше »
2021-1-14 12:03
155,000 American Merchants to Accept DASH as Payment
DASH (Digital Cash) announced the news on Tuesday which aims to increase adoption among its users. In coordination with this investment, Dash Core Group will be creating a new version of CrayPay’s saving platform to be utilized by DASH users. дальше »
2021-1-13 21:09
Marathon and DMG Create First North American Coop Mining Pool
Marathon Patent Group, Inc. (NASDAQ: MARA) and DMG Blockchain Solutions (TSX-V: DMGI) announced on Jan. 5 their intent to create a North American mining pool. Increased Profits and More Marathon and DMG, through their US daughter company Blockseer, signed a non-binding agreement to create a non-profit organization. дальше »
2021-1-6 00:03
The President’s Working Group Ponders Stablecoin Regulation
According to the working group, the new regulations specifically target stablecoins: “These requirements address a range of policy objectives, including safety and soundness, countering illicit finance, end-user protection, and market integrity. дальше »
2020-12-24 15:43
What’s Next for XRP and the SEC?
On Dec. 22, 2020, Ripple announced they were expecting a lawsuit to be filed against them by the US government. The Securities and Exchange Commission (SEC) was to argue that XRP, Ripple’s token, was a security. дальше »