When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations. 2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), […]
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The biggest names and strongest voices cheering on crypto throughout 2020. For much of 2020, it wasn’t exactly a hard year to be a cheerleader for cryptocurrency. Emerging from a brutal macro bear market, the space once again proved doubters wrong and attracted a new batch of converts as money-printing efforts across the globe turned […]
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Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before his expected exit at 2020’s end. The ruling could potentially severely limit or ban self-custodied digital […]
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Bitcoin will come to the rescue if the fiat system fails, says the incoming senator from Wyoming. An unprecedented year, 2020 has sent the global economy into a tailspin in an effort to compensate for COVID-19-related difficulties. If the traditional system collapses, Bitcoin will become vital, according to United States Senator-elect Cynthia Lummis. “If we […]
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“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Caitlin Long. Caitlin Long, founder and CEO of Avanti Financial, is asking crypto users and others to testify in support of a piece of legislation which could help stop SIM […]
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A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first A new bill, introduced to US Congress on Wednesday night, could enforce blanket regulation on all stablecoins. If passed, any service provided in relation to these types of cryptocurrencies would become illegal […]
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“I do think there are some issues that crypto raises that are not neatly solved by our existing securities laws,” said the SEC commissioner. Hester Peirce, commissioner for the United States Securities and Exchange Commission and best known by the affectionate nickname “Crypto Mom,” says the regulator may not be able to get by if […]
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Alameda Research’s Sam Trabucco pinpoints four main factors that are pushing the price of Bitcoin toward its all-time high. Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin (BTC). The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other […]
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The delisting of Dash and Zcash has some wondering about the future of privacy coins on major exchanges. It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct […]
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Does Bitcoin finally have an advocate at the highest levels of government? In an interview with the ABC News program GMA3: What You Need To Know on Friday, senator-elect Cynthia Lummis again voiced her support for the popularization of Bitcoin, going so far as to say that she does “hope to bring Bitcoin into the […]
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