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FBI director: Russia overestimates its ability to bypass US sanctions using crypto

March 10, 2022 by DIGIT

Christopher Wray cited the FBI’s recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, FBI, Law, Regulation, Russia, Sanctions, United States

Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy

March 10, 2022 by DIGIT

“This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy. Go to Source Powered by WPeMatico

Categories CBDC, China, Government, Regulation, United States, Yuan

Gas heater broke down? I’ll just heat my caravan with a Bitcoin miner

March 10, 2022 by DIGIT

When a propane gas heater stopped working, Bitcoin mining came to the rescue of a cold caravan in Colorado. Go to Source Powered by WPeMatico

Categories ASIC, ASIC ANTMINER S9, Bitcoin Mining, colorado, mining, Mt Gox, Travel, United States

Binance unveils plans for world domination by buying up companies in every sector

March 10, 2022 by DIGIT

In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”. Go to Source Powered by WPeMatico

Categories Binance, Cryptocurrency Exchange, Exchanges, Forbes, United States

Regulators and industry leaders react to Biden‘s executive order on crypto

March 9, 2022 by DIGIT

“The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.,” said Circle CEO Jeremy Allaire. Go to Source Powered by WPeMatico

Categories Bitcoin Regulation, Cryptocurrencies, Government, Joe Biden, Law, Regulation, United States

Federal Reserve works with China’s blockchain ally for instant payments

March 9, 2022 by DIGIT

Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph. Go to Source Powered by WPeMatico

Categories China, Federal Reserve, Payments, Ripple, United States

FinCEN includes crypto in alert on Russia potentially evading sanctions

March 7, 2022 by DIGIT

“Prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people,” said FinCEN acting director Him Das. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, FinCEN, Regulation, Russia, Sanctions, United States

Coinbase proposes crypto tech to promote global sanctions compliance

March 7, 2022 by DIGIT

Grewal points out that laundering of fiat currency through traditional financial institutions remains the most sought-after method for evading sanctions. Go to Source Powered by WPeMatico

Categories AML, Coinbase, Cryptocurrencies, Russia, Sanctions, Ukraine, United States

US Senate allows Virginia banks to offer crypto custody services

March 5, 2022 by DIGIT

Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services. Go to Source Powered by WPeMatico

Categories Banks, bills, Central Bank, Senate, United States, Virginia

US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions

March 2, 2022 by DIGIT

Jerome Powell said that the situation with Russia “underscores the need for really congressional action on digital finance, including cryptocurrencies.” Go to Source Powered by WPeMatico

Categories Government, policies, Regulation, Russia, Sanctions, Ukraine, United States
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  • binancecoinBNB(BNB)$945.511.02%
  • rippleXRP(XRP)$2.05-0.47%
  • solanaSolana(SOL)$142.19-1.51%
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  • bitcoinBitcoin(BTC)$94,888.00-0.40%
  • ethereumEthereum(ETH)$3,298.170.36%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$945.511.02%
  • rippleXRP(XRP)$2.05-0.47%
  • solanaSolana(SOL)$142.19-1.51%
  • usd-coinUSDC(USDC)$1.011.21%
  • tronTRON(TRX)$0.3182232.73%
  • staked-etherLido Staked Ether(STETH)$3,298.240.37%
  • dogecoinDogecoin(DOGE)$0.136898-0.36%