3 reasons why the CFTC action against BitMEX will not crash Bitcoin price

Bitcoin price declined by 4% after the CFTC revealed charges against BitMEX but BTC remains bullish in the long term. Within the last few hours Bitcoin (BTC) price plummeted as the U.S. Commodities and Futures Trading Commission (CFTC) charged BitMEX with facilitating money laundering and operating an illegal cryptocurrency derivatives exchange. An even larger shock occurred […]

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US Treasury warns crypto firms not to reimburse unknown ransomware victims

Malware payouts from insurance companies pose a threat to U.S. national security. Two offices of the U.S. Department of the Treasury have issued advisories on ransomware payouts, which they say pose a threat to national security. The Financial Crimes Enforcement Network or FinCen reminded cryptocurrency processing companies of their duty to file suspicious activity reports when […]

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