News
Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.
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US Government News
The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.
- Breaking news
"A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed.
34494 - News
She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies.
14205 - News
We didn't learn much new in today's hearing, but the spotlight was definitely on the gamified trading app, rather than the traders on r/WallStreetBets.
30560 - News
"I don't have Bitcoin, and I'll never ask you to send me any," said Joe Biden.
12119 - News
The admin of a well-known darknet market link provider claims its donation address was flagged as suspicious after it criticized Chainalysis' KYT flagging system.
9743 - News
The former aide to Representative Davidson will join crypto's leading trade association.
5738 - Opinion
The crypto industry appears to be abuzz with potential, given confirmed and possible appointments in the Biden administration.
12470 - News
In announcing the appointment, Lummis made clear that she hopes to get digital asset legislation moving.
6394 - News
Treasury Secretary Janet Yellen faces the first major hurdle of her tenure with the question of how to handle social media-driven security trading.
12564 - News
Fearing that recent delistings and volatility "undermine market confidence," the U.S. securities regulator says it is looking into the Robinhood fiasco.
17721 - News
The Blockchain Association's ranks swell as firms look to aid its work in keeping crypto transactions peer-to-peer.
6557 - News
Per the latest in lobbying disclosures, Ripple Labs shelled out for its lobbying on legislation looking to change the treatment of crypto under securities laws.
16553 - News
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
10285 - News
Tarbert's brief term was nonetheless notable for clarity on cryptocurrency in U.S. regulation.
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