Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed at self-hosted crypto wallets. Crypto Regulations That Could Make Existing Self-Hosted […]
The post US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets appeared first on Bitcoin News.
Powered by WPeMatico
It would appear Facebook’s venture into the world of digital money may hit a roadblock before it is even launched. The Libra project, which is not a cryptocurrency by any stretch of the imagination, has not received official approval by the US Congress. As such, a thorough review seems to be in order, as that could highlight some potential drawbacks which remain hidden right now. Libra is in the hot Seat Not too many people should be surprised to learn Facebook’s digital money project is creating quite a stir. The Libra currency, while often falsely labeled as a cryptocurrency, will 
A group of cryptocurrency luminaries and businesses have announced the formation of a US lobbying entity based in Washington known as the Blockchain Association. The creation of the political solicitation group was initiated by firms such as Circle, Coinbase, Polychain Capital, and the Digital Currency Group. Also read: With Bitcoin Cash, A Namibian Conservationist Hopes To […]