UNITED STATES

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?
United States

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?
United States

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

Trump Administration Agrees to $1.8T Stimulus
United States

Trump Administration Agrees to $1.8T Stimulus

Treasury Secretary Steven Mnuchin proposed more than $1.8 trillion on Friday after nearly four months of talks between parties.

US Department of Justice Releases Cryptocurrency Enforcement Framework
United States

US Department of Justice Releases Cryptocurrency Enforcement Framework

The US Department of Justice (DOJ) has released a cryptocurrency enforcement framework, which offers a comprehensive overview of the emerging threats in the crypto space.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto
United States

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”
United States

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets
United States

President Trump Ends COVID-19 Stimulus Negotiations, Bitcoin Price Plummets

Trump has decided to delay negotiations regarding a second coronavirus stimulus package until after the presidential elections, sending Bitcoin's price down.

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan
United States

China’s Central Bank Digital Currency DCEP Has Been Processed in Pilot Transactions Worth 1.1 Billion Yuan

In the race to be the first country to launch a functional CBDC, China appears to be in the lead, as it has begun experimenting with its digital currency.

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation
United States

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?
United States

Tech Adoption Fueled by COVID-19, Will Global Blockchain Adoption Be Accelerated Too?

Coronavirus has driven global economies and businesses to the ground, but one industry that has benefitted from the pandemic appears to be the tech sector.

US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange
United States

US CFTC Charges BitMEX For Operating Illegal Crypto Derivatives Exchange

The United States CFTC has charged operators of BitMEX for operating an unregistered trading platform and violating anti-money laundering procedures.

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously
United States

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.

US House of Representatives Passes Blockchain Innovation Act On to the Senate
United States

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

Grayscale Now Owns 2.4% of BTC Circulating Supply
United States

Grayscale Now Owns 2.4% of BTC Circulating Supply

Over the past week, crypto fund management firm Grayscale Investments increased its assets under management by $180 million in the firm’s Bitcoin Trust.

US Judge Blocks Trump Administration’s Ban on TikTok Downloads
United States

US Judge Blocks Trump Administration’s Ban on TikTok Downloads

A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.