U.S. Treasury Secretary Mnuchin said that firms are abandoning Libra due to its current inability to meet Anti-Money Laundering standards. United States Treasury Secretary Steven Mnuchin has attributed the recent spate of firms abandoning Facebook’s Libra stablecoin project to regulatory concerns. On CNBC’s Squawk Box on Oct. 14, Mnuchin stated that companies are abandoning the […]
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Coinbase CEO Brian Armstrong says the U.S. Senate’s action to pressure Libra participants is “very un-American.” Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about this” After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to […]
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North Korea is allegedly developing its cryptocurrency for bypassing U.S. sanctions, but experts point out other reasons for this initiative. It seems that a movement to create a national cryptocurrency is gaining momentum in Asia. Following China, the North Korean authorities announced their readiness to issue digital money and even indicated the availability of all […]
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North Korea is reportedly in the early stages of developing its own Bitcoin-like cryptocurrency to avoid international sanctions. A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency. North Korea trying to evade international sanctions On Sept. 18, Vice news reported that the Democratic […]
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The U.S. announces further sanctions against three North Korean state-sponsored hacker groups, responsible for North Korea’s malicious cyber activities. The United States Treasury Department announced further sanctions against three North Korean state-sponsored hacker groups, responsible for “North Korea’s malicious cyber activity on critical infrastructure.” Continue to enforce existing U.S. and U.N. sanctions against North Korea […]
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The ease with which e-cigarettes will disappear from the market concerns already jittery cryptocurrency holders. Bitcoin (BTC) proponents are again mulling the chances of the United States banning cryptocurrency as lawmakers move to outlaw flavored e-cigarettes. E-cigarettes: Washington “clears market” The sudden restrictions, which both the White House and the Food and Drug Administration confirmed […]
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The United States’ National Security Agency is allegedly working to develop a quantum-resistant cryptocurrency, a Bloomberg reporter has claimed. The United States’ National Security Agency (NSA) is allegedly working to develop a quantum-resistant cryptocurrency. The claim was made in a tweet by Bloomberg Technology reporter William Turton on Sept. 4, who was in attendance at […]
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Bitcoin loses support for five figures, Craig Wright ordered to pay 500,000 BTC, and China’s digital currency may be further away than first thought. Coming every Sunday, Hodler’s 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 […]
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North Korea denies accusations that it stole $2 billion in crypto from banks and exchanges. North Korea is denying accusations of obtaining $2 billion through hacking banks and cryptocurrency exchanges. North Korea accuses the United States of spreading rumours On Sept. 1, the country’s official state media, the Korea Central News Agency (KCNA) denied allegations […]
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A United Nations official warned that cryptocurrencies have made combating money laundering significantly harder. Neil Wals, chief of the United Nations Office on Drugs and Crime Global Cybercrime Program, warned that cryptocurrencies have made combating money laundering significantly harder. Australian news outlet ABC reported on Aug. 29 that Wals said cryptocurrencies make fighting cybercrime, money […]
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