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U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.
Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.
Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation
A group of technology innovators has sent a letter to the United States Congressional Leadership, Committee Chairs, and ranking members, urging them to take a sceptical approach to cryptocurrency innovations.
US CFTC Commissioner Says Crypto Derivative Contracts Had an Enormous Positive Impact on the US Economy
United States Commissioner of the Commodities and Futures Trading Commission (CFTC), Brian Quintenz spoke about the current and future regulation in Fintech at the Singapore Fintech Festival held last week.
Telegram to Release Financial Statements to the SEC in Gram Token ICO Case
The United States Securities Exchange Commission (SEC) has asked Telegram to release its financial statements, which includes bank records as the regulator believes will prove the misconduct in the $1.7 billion offering of Gram tokens.
White House Budget Urges Legislation to Return Secret Service to Treasury Due to Crypto Crime Surge
Cryptocurrencies, and other technological advancements, projected as a threat to the international financial marketplace, the department believes has contributed to more groups of criminal organizations and more links between financial and electronic crimes combined.
Bitcoin Price Surges to All-Time High Of $66,900 Level
Bitcoin has surged $66,900 level, passing the previous price record of $64,889 set in April.
North Korea Is Developing Own Crypto to Circumvent US Sanctions
North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.
US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar
The bill, dubbed the Electronic Currency and Secure Hardware (ECASH) Act, was introduced on Monday.
BTC Breaks Its Strong $10,000 Support Amidst US-China War Trade Cool Off
The price of Bitcoin has taken a serious hit in the past few days as the largest cryptocurrency has dipped below its supposedly strong support of $10k and bounced back up.
Hedge Fund Billionaire Ken Griffins Manages to Outbid for Copy of US Constitution
Hedge Fund billionaire Ken Griffins outbid a coalition of crypto investors to buy a rare, first-edition copy of the US constitution at a Sotheby’s auction.
British Virgin Islands Aims to Rollout a New USD-Backed Digital Currency
The government of the British Virgin Islands, in partnership with LIFElabs.io, aims to develop a digital currency that will be peeled at the ratio of 1:1 against the United States dollar to be used with the territory.