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With bitcoin going through an extended bull-run, scammers and con artists have been on hand to exploit a general fear of missing out (FOMO). Many early adopters of bitcoin became multi-millionaires by simply holding the digital asset. New Scam Tactic Consequently, many bitcoin investment scams have sprung up and millions of dollars have been lost […]
The post No, You Can’t Buy Shares in Bitcoin appeared first on Bitcoin News.
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The former CFTC chairman is currently working as a financial advisor for the Biden-Harris transition team.
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Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold Seized Cryptocurrencies The State Tax Inspectorate (STI) under the Ministry of Finance of the Republic of […]
The post Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies appeared first on Bitcoin News.
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Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post on Tuesday: In response to new guidance from the Commodity Futures Trading Commission, […]
The post CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading appeared first on Bitcoin News.
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A CNN report suggests Yang may be on the short list for a position in Joe Biden’s cabinet.
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The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US SEC Chairman Jay Clayton explained how the U.S. […]
The post SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value appeared first on Bitcoin News.
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“This proposal, if adopted, would prove to be an invasion of privacy.”
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As new U.S. government measures that impose restrictions on remittances to Cuba becomes effective after November 22, Western Union, which has been operating in the island nation since 1999, will close shop. The new rule, which was published on October 27, gave Western Union 30 days to implement new restrictions. The new rule is likely […]
The post End of Western Union Remittance Service to Cuba a Boon for Crypto appeared first on Bitcoin News.
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The OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to clarify the obligation of large banks to provide fair access to financial services in a manner consistent with the Dodd-Frank Act’s mandate. Discrimination Against Disfavored […]
The post OCC Wants to End Banks’ Discrimination of Disfavored Businesses Including Crypto Companies appeared first on Bitcoin News.
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Government lawyers implied that citizens could legally pass along nuclear secrets to North Korea if held to the same standards as Griffith.
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