FTX’s Sam Bankman-Fried Visited White House in May

FTX CEO Sam Bankman-Fried and other exchange staff visited the White House in May, according to visitor logs. FTX CEO and Others Visited White House FTX staff visited the White...

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Crypto Exchange FTX's CEO Visited White House Amid Regulatory Fight

Sam Bankman-Fried and FTX’s regulatory team met with White House policy advisor Charlotte Butash and counselor Steve Ricchetti in May.

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Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked.

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What are the implications if Bitcoin is treated as a commodity?

Securities and Exchange Commission (SEC) Chair Gary Gensler told the House Appropriations Committee on May 18 that Bitcoin could potentially be a commodity token. The post What are the implications if Bitcoin is treated as a commodity? appeared first on CryptoSlate.

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US House Ethics Committee launches insider trading probe into Madison Cawthorn’s crypto promoting

The United States House Ethics Committee is investigating North Carolina Representative Madison Cawthorn over the improper promotion of cryptocurrencies, the committee unveiled on May 23. The post US House Ethics Committee launches insider trading probe into Madison Cawthorn’s crypto promoting appeared first on CryptoSlate.

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Fashion giant Gucci to start accepting crypto payments

Italian high-end luxury fashion house Gucci is looking to add crypto as a payment option in some of its United States stores from late May, with plans to expand the pilot to all its North American stores by summer 2022.

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US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat

U.S. Rep. Jared Huffman sent a letter along with almost two dozen other congressional Democrats to the Environmental Protection Agency chief, asking him to devote additional scrutiny to potential harm cryptocurrency mining may cause to the climate and environment.

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BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week

$50,000 may not come easily, but zooming out, there’s barely a bear in the house when it comes to Bitcoin price action.

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Darknet Update: Hydra Reigns, Monero Acceptance Climbs, Russian State Collusion Questioned

At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit DNM transactions stem from the Russian marketplace. […]

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Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."

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Back In The Doge House: Elon Musk Tweets Support For Doge Upgrade

Elon Musk has recently tweeted support for Doge after what seems to be a hiatus. Musk had stopped tweeting about the coin back in May. This was after consistently tweeting about the coin for months.

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Stock Up On The Educational Courses You Won’t Find On Amazon Prime Day

Amazon may have little security drones it wants to fly through your house, but what it doesn’t have is the online courses you need to get ahead in your career and understand the latest tech.

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Sotheby’s starts accepting cryptocurrencies for physical art

New York-based auction house Sotheby’s is set to start accepting digital currencies as payment for physical pieces of art. Charles F. Stewart, Sotheby’s CEO, unveiled this news during an interview on May 5, noting that the auction house would accept Bitcoin (BTC) and Ethereum (ETH) for Love is in the Air, the most famous piece […] The post Sotheby’s starts accepting cryptocurrencies for physical art appeared first on Invezz.

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Видео слэм-данков Леброна Джеймса выставят на аукцион в виде NFT-коллекции

Студия по созданию невзаимозаменяемых токенов House of Kibaa анонсировала аукцион с тремя «легендарными» NFT из серии NBA Top Shot. To kick off our 1st NFT Launch on May 22nd, we'll be auctioning off, not 1, but 3 LeBron James Legendary Series 1 @nbatopshot moments.

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Georgia high school students may soon be taught about cryptocurrency

As part of a new financial literacy program, high school students in Georgia will study cryptocurrency as part of their curriculum. The Georgia House of Representatives passed a bill that would reqThe post Georgia high school students may soon be taught about cryptocurrency appeared first on AMBCrypto.

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Christie’s Auction House Set to Accept Crypto as Payment

Auction houses may not be the first place you think of when it comes to cryptocurrency adoption. Until now, they preferred to accept fiat currency for purchases. However, British auction house Christie’s will be allowing the winner of Beeple’s latest non-fungible token (NFT) to be paid for using Ethereum.

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Here's why 'we will see $100K in Bitcoin before the year end'

The price of Bitcoin has been recording new ATHs this week and many have an opinion about how high the popular digital asset may rise this bull run. Former White House Director of Communications, AntThe post Here's why 'we will see $100K in Bitcoin before the year end' appeared first on AMBCrypto.

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Robinhood CEO to Testify Before Congress Over GameStop Debacle

After a hedge fund meltdown over the GameStop (GME) short squeeze that spurred a conflict of interest, Robinhood CEO Vlad Tenev may be receiving some democracy of his own. On Feb 18, Tenev will testify about Robinhood’s involvement in the GameStop saga in front of Maxine Waters and the House Financial Services Committee (HFSC).

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Waters Seeks Rescission of OCC Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

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Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

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Here’s Why One Analyst Expects Bitcoin to Surge Towards $12,000

Bitcoin and the entire crypto market aren’t providing investors with much clarity into their near-term outlooks BTC is in the process of battling the headwinds created by the ongoing turbulence within the stock market This turbulence has come about as a result of a lack of progress surrounding the second stimulus package If the White House and Congress fail to come to terms with an agreement, then the stock market may continue seeing immense selling […]

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Using blockchain for recycling may improve efficiency

Blockchain can collect and house data for the recycling industry and add to supply...

The post Using blockchain for recycling may improve efficiency appeared first on Coin Journal.

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Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

U. S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U. S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed.

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JPMorgan Finally Joins the Bitcoin (BTC) Bandwagon 

JPMorgan, America’s largest bank with a staggering $2. 6 million in assets, has inked a deal with leading Bitcoin (BTC) trading venues, Coinbase and Gemini exchange. JPMorgan will now offer the two exchanges banking services including deposit, withdrawal and transfers with Automated Clearing House (ACH) infrastructure, according to a Forbes report on May 12, 2020.

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A U.S. Housing Market Bubble 10 Years in the Making May Pop in 2020

The US housing market has trouble brewing beneath the surface as the issues that stem from inflated house prices are becoming more clear. The post A U.S. Housing Market Bubble 10 Years in the Making May Pop in 2020 appeared first on CCN.com

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“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space.

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What Congress May Want To Know About Facebook's Libra

With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra's classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project.

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4 US House Reps Open Letter: Facebook’s Libra Has ‘Serious Privacy and Monetary Policy Concerns’

As many of our regular readers may already be aware of, Maxine Waters — Chair of the House Financial Services Committee — recently called for a meeting to discuss the development of Libra, Facebook’s much-hyped cryptocurrency offering.

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‘Sell the House, Car and Kids. Buy Litecoin!’ CNBC Host Goes Crypto Crazy

By CCN: Crypto-mania has once again gripped mainstream financial outlets. CNBC’s Fast Money panel were beside themselves yesterday as they analyzed bitcoin and litecoin’s parabolic rise in recent months.

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This Gallery Is Selling Indigenous Australian Art for Bitcoin

Things you can buy with bitcoin: AT&T’s services, airfare, pretty much anything using gift cards through Bitrefill, pizza, drugs (duh) and now, Indigenous Australian art.

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Memorial Day Dow Futures Awakens as Trump Teases Breakthrough Japan Trade Deal

By CCN: US stock markets might be closed for Memorial Day, but that hasn’t stopped futures traders pumping the markets. Dow Jones Industrial Average futures rose on Monday as President Trump teased a wide-ranging trade deal with Japan as soon as August.

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Russia Central Bank Mulls Gold Standard for National Cryptocurrency

Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.

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Indian Stocks Hit All-Time Highs as Investors Cheer Modi’s Landslide Victory

By CCN: India’s benchmark index the Bombay Stock Exchange Sensex crossed the 40,000 mark for the first time ever after the early Lower House election results showed that the political coalition led by Prime Minister Narendra Modi, National Democratic Alliance, is headed back to power with an even larger mandate.

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Why Would an Anti-Bitcoin US Congressman Want a Bill to “Outlaw” Cryptocurrencies?

Sherman says, “nip this (Crypto) in the bud” as it undermines the US Dollar He says Cryptos are mostly used by criminals The Democrat Congressman from California, Brad Sherman, a bitcoin basher recently at a meeting of the House Financial Services Committee on May 9 called out for a legislation that will make it illegal […]

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Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill

Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.

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2020 Bitcoin President Andrew Yang Pledges ‘Fun with Crypto in the White House’

By CCN: Cryptocurrency is firmly on the agenda in the 2020 presidential race (and no, I’m not talking about John McAfee). Pro-bitcoin candidate Andrew Yang is quietly rising through the stacked Democrat field as a serious contender for the White House.

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DIPChain ICO

DIPChain aims to facilitate all advantages which the blockchain implementation may give in the area of valuing and trading art as well as funding and investing in artists and artworks. Possibilities of tracking and authenticity of art works can be obtained through blockchain system.

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Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies

By CCN: Bitcoin-bashing Democrat Congressman Brad Sherman is urging his colleagues to pass a law that would ban cryptocurrencies in the United States. “I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud.

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Dems Pursue Another Nothing Burger as Battle With AG Barr Escalates

By CCN: Following the release of the Mueller report and the upheaval surrounding Attorney General William Barr’s posturing in its immediate aftermath, Capitol Hill is set to witness yet another unforced error by the DNC.

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CFTC Chair: Cryptocurrencies Bring New Applications for Clearinghouse Registration

In his testimony before the House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy and Credit Washington, D. C. , May 1, 2019, CFTC chairman J. Cristopher Giancarlo asserted that the mounting interest in cryptocurrencies might bring new applications for clearinghouse registration.

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Why Trump’s Clampdown on Remittances Will Force Mexicans to Bitcoin

The US White House is reportedly planning to target remittance payments made by illegal Mexican immigrants in an attempt to curb the inflow of illegal arrivals through the southern border. If passed, those changes may cause immigrants in the US to turn to alternatives, such as Bitcoin.

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Token Taxonomy Act makes comeback; proposes removal of cryptocurrencies from umbrella of securities

Cryptocurrencies being characterized as securities may soon fade away, courtesy of the reintroduction of the Token Taxonomy Act in the United States House of Representatives. Proponents of the decentralized currency realm have long contested decentralized currencies being labeled with the securities tag.

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White House Pressuring Fed to Cut Interest Rates

After hiking interests rates eight times in two years and after suggesting there may be two further interest rate rises this year, not only has Fed backtracked to say no... The post White House Pressuring Fed to Cut Interest Rates appeared first on Trustnodes.

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What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.

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4,000 art auction houses are putting their sales records on the blockchain

A recent merger between a blockchain-based art registry and an international auction house sales database will see sales records from over 4,000 auction houses put on the blockchain. The art registry, Artory, has purchased Auction Club, a currently privatized database that contains information from over 4,000 international auction house sales, the Art Newspaper reports.

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Democrats Fear Mueller Report Will Net Trump a Major Victory

Since May 2017, America’s political class has waited in suspense as FBI Special Counsel Robert Mueller pieced together his comprehensive report on alleged Russian interference in the 2016 presidential election.

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The Anti-AOC: Why Joe Biden is the President the US Desperately Needs

Joe Biden may be in the process of becoming something more than just Barack Obama’s vice president. According to reports, the 76-year-old Democrat is putting together a 2020 run for the White House that could make him the oldest man ever to be elected president of the United States.

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Kevin McCarthy, Leader of the Republicans, Proposes Blockchain App for Government Transparency

Government and Blockchain, much like Rick Sanchez and Government, don't exactly see eye to eye at the best of times. But for the likes of Kevin McCarthy, who serves as the leader of the Republicans within the US House of Representatives, this may be the relationship becoming a closer one. To be specific, McCarthy has […]

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Coinbase Bought Neutrino Because Its Old Analysis Providers Sold User Data

Coinbase’s Director of Institutional Sales, Christine Sandler, said in an interview last week that, in part, the exchange acquired controversial software firm Neutrino because its prior blockchain analysis providers were selling customer data.

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