Federal prosecutors in Seattle are looking to win forfeiture of millions worth of crypto tied to an investment scheme in the hope of distributing it to victims.
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The line between a central bank digital currency and a centrally-managed, government-regulated stablecoin is thin, critics argue.
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The decline of the US dollar and the loss of purchasing power due to fiat currency inflation will drive global demand for Bitcoin.
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The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said.
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Republicans and Democrats tussled over the Trump family’s crypto ties, consumer protections, and backing stablecoins with fiat assets.
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Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC).
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Roger Ver has sued Spain in the European Court of Human Rights to block his extradition to the US, arguing that tax evasion charges against him are politically motivated.
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Donald Trump says he's cut a deal with most of the Republican lawmakers that voted against moving forward with three crypto bills over wanting an explicit ban on CBDCs.
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One risk facing banks that custody crypto is the potential for liability if crypto assets are lost, according to three US financial agencies.
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Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins.
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As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation.
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In the latest episode of Byte-Sized Insight we explore the evolving crypto regulatory strategies of the US, EU and UK with insights from Gemini’s head of Europe.
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The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions.
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Trump praised Bitcoin and cryptocurrencies in a Friday press conference and said Bitcoin may help relieve pressure on the US dollar.
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Several Democratic lawmakers have said they will oppose passing crypto regulations unless potential conflicts of interest are resolved.
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