US Treasury Secretary Janet Yellen Says ‘the Misuse of Cryptocurrencies Is a Growing Problem’
Janet Yellen, the new U.S. Treasury Secretary, has warned about “a growing problem” from “the misuse of cryptocurrencies.” She emphasized that “cryptocurrencies have been used to launder the profits of online drug traffickers; they’ve been a tool to finance terrorism.” Janet Yellen Warns of Cryptocurrency Risks The U.S. Department of the Treasury hosted its inaugural … Read more
A new trend? Non-crypto CEOs and celebrities embrace Bitcoin on Twitter
Are business leaders signaling the technological future they believe is coming to pass — i.e., international and decentralized? Go to Source Powered by WPeMatico
JPMorgan will get into Bitcoin ‘at some point’, says co-president
JPMorgan co-president Daniel Pinto said that the current demand “isn’t there yet” for the firm to get into Bitcoin, but he is sure that “it will be at some point.” Go to Source Powered by WPeMatico
Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon Gets Into Crypto The oldest bank … Read more
Web-based YIELD App looks to tackle DeFi’s ‘inherent complexity’
YIELD App launched the public beta of its web platform Friday. Its target audience is retail investors looking for easy exposure to DeFi. Go to Source Powered by WPeMatico
Beyond Bitcoin? Little known project jumps 116% on €2.75M EU ‘new money’ grant
A currency that gains value through abundance, not scarcity? That’s the object of a $3.3 million EU research project which doubled the value of an associated token overnight. Go to Source Powered by WPeMatico
T-Mobile sued by victim who lost $450K in Bitcoin in SIM swap attack
The wireless carrier is accused of failing to protect its customers from SIM swappers’ lucrative heists. Go to Source Powered by WPeMatico
Cointelegraph Consulting: BTC whales buying big as retail goes bullish
Big BTC holders continue to accumulate as recent news supports the bullish sentiment. Go to Source Powered by WPeMatico
Kyrgyzstan central bank plans to introduce licenses for crypto exchanges
The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance. Go to Source Powered by WPeMatico
