Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations. The United States Financial Crimes Enforcement Network, or FinCEN, issued a brief note on Dec. 31, announcing its intention to propose a change in the Bank Secrecy Act, regarding reporting of foreign financial accounts holding digital currency. Currently, digital assets […]
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Blockchain could possibly help verify voter registration and audit results. The United States Presidential elections on Nov. 3 were contentious to begin with, but accusations of electoral fraud from the defeated President Trump cast a pall over the whole procedure. Daniel Hardman, chief architect and chief information security officer at self-sovereign identity solution Evernym, thinks […]
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A Christmas full of cheer for hodlers tops out above $28,000, amid warnings that Bitcoin is already in regulators’ crosshairs for 2021. Bitcoin (BTC) has had a week like no other, hitting fresh record highs of $28,400 and staying near the top — what’s next. As markets return to digest a wild Christmas, Cointelegraph presents […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much […]
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In his latest ill-fated tweet, “Dr. Doom” Roubini spells out the death of cryptocurrency again, just as XRP gains 35% and Bitcoin aims for new all-time highs. Bitcoin (BTC) naysayer Nouriel Roubini believes that incoming U.S. president Joe Biden will go much further than Donald Trump in controlling cryptocurrency. In a fiery Twitter debate on […]
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Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz. Appearing in a Thursday segment of CNBC’s Sqwuak Box, Novogratz said the Bitcoin (BTC) bull market has proven resilient to the recent […]
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A major network of state banking regulators is renewing its attack on the OCC’s moves to register non-depository institutions. A leading association of state banking regulators is trying to put the U.S. national banking regulator in its place on the issue of fintech registration. Per a Dec. 22 filing, the Conference of State Bank Supervisors, or CSBS, […]
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Why have Bitcoin critics been so silent in 2020? Bitcoin (BTC) has had an interesting year, recovering from major sell-offs to eventually skyrocket to new all-time highs. However, Bitcoin’s performance and cryptocurrencies increased adoption worldwide have still failed to bring some observers into the crypto camp. Yet compared to other bull run years like 2017, […]
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Anonymous sources claim that President Trump is sympathetic to the Free Ross campaign and is considering clemency for the Silk Road founder. According to The Daily Beast, outgoing U.S. president Donald Trump is considering granting clemency to Ross Ulbricht — the founder and operator of the pioneering darknet market, Silk Road. Ulbricht was arrested in […]
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As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data. The United States Federal Trade Commission is making the giants of social media account for their user data practices. On December 11, the FTC published orders for special reports from unnamed social media companies. The commission’s stated […]
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