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.
An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency.
US FinCEN Awards Secret Service For Seizing $22 M in Crypto
Mike Novogratz suspects Bitcoin's recent upward price action is a result of the U.S. government's corrective economic measures.
Novogratz Alludes Stimulus Causing Recent Bitcoin Uptrend
Financial statement reviews show the Intercontinental Exchange, or ICE, gifted U.S. Senator Kelly Loeffler millions during her departure from its daughter compa...
ICE Paid Loeffler $9 Million Bonus Right Before She Entered the Senate
Does the FDIC’s recent video urging against bank runs relate to crypto? Wilshire Phoenix’s CEO and a former CBOE trader weigh in.
FDIC Urging Against Bank Runs: Is There a Crypto Connection?
Fed Nominee Judy Shelton speaks about the need for a digital dollar at a confirmation hearing in the US Senate.
Fed Nominee: Need for a Digital Dollar is an “Extremely Important Discussion”
Nancy Sumption joins SEC Chairman Jay Clayton as his Senior Advisor for Cybersecurity Policy.
New Senior Advisor for Cybersecurity Policy to the SEC Chairman
Cryptocurrency remains a political issue in the United States.
US Treasury Secretary Promises ‘Significant New Requirements’ on Cryptocurrency