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Bitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages ‘Serious Threat’ to US … Read more
Clovr recently surveyed 1,023 registered U.S. voters to learn how the American public views the possibility of political candidates accepting cryptocurrency donations for campaign financing. A majority of 60 percent said cryptocurrency donations should be treated the same as fiat, with only 21 percent disagreeing. Also Read: New ‘Trust Machine’ Blockchain Film Tackles Politics of … Read more
In recent regulatory news, a report by the Center for Public Integrity has explored the potential for cryptocurrency donations to obfuscate politicians’ sources of funding, a U.S. judge has urged the Malaysian public to exercise due diligence when considering seeking exposure to cryptocurrencies, and a report conducted by IBM Blockchain and the Official Monetary and … Read more
U.S. jewelry retailer Marks Jewelers has started accepting payments in cryptocurrency, including bitcoin cash. Shoppers can now pay for luxury goods such as fine diamonds, watches and engagement rings using BCH and seven other digital currencies. Also read: Report: Emerging Markets See Sharp Growth in Cashless Transactions Retailer to Cut Costs with Low BCH Transaction Fees … Read more
The United States Marshals Service (USMS) has announced an auction of 660 BTC that is scheduled to take place on Nov. 4. Under the auction rules, interested participants must formally identify themselves to the USMS and submit deposits of $200,000. Also Read: Trump Tariffs to Impact Chinese Mining Hardware Manufacturers USMS to Auction Forfeited BTC in … Read more
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Gary Gensler, recently expressed his views on the regulation of cryptocurrency markets. Gensler emphasized his belief in the need for robust consumer protections, and also argued that the majority of initial coin offerings essentially comprise initial public offerings (IPOs). Also Read: Two US States … Read more
CFTC commissioner Brian Quintenz addressed the question of accountability in an era of disintermediated finance and smart contracts, arguing against “code as law” Go to Source Powered by WPeMatico
The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian … Read more
The Financial Crimes Enforcement Network has warned U.S financial institutions that the Iranian government might be dodging economic sanctions by using cryptocurrencies. The document highlights challenges arising from peer-to-peer virtual currency exchanges and encourages banks to monitor blockchain ledgers for transactions tied to the country. Also Read: Church Mining Cryptocurrency to Pay Higher Electricity Rates Iranian … Read more
Online automotive parts store, Newparts, said on Monday that it will start accepting payment in seven cryptocurrencies, including bitcoin core (BTC) and bitcoin cash (BCH). The U.S. dealer, which has a catalog of over one million parts, says cryptocurrency will enable it to expand its international reach. Also read: Nothern Bitcoin, Rawpool Sign Wallet And Mining … Read more
