Early Bitcoin Mixer Fined $60 Million
According to a recent announcement by the US Treasury's FinCEN (Financial Crimes Enforcement Network), the owner of early Bitcoin mixers Helix and Coin Ninja was fined $60 Million. The founder, Larry Dean Harmon, was accused of using his mixing services for
Filecoin Miners Strike After Mainnet Launch
It’s like this project came out of nowhere
US Currency Comptroller Says DeFi Will Be Unstoppable Force
Buy, Sell & Trade Crypto in U.S. DeFi and crypto assets have seen increased adoption over the past few years. Many notable names and institutions are now adjusting to the impact of crypto assets in the entire financial market. This is certainly
Crypto Users Betting on U.S. Election
The U.S. Presidential election is a highly important event for the future of the country and arguably for the entire world. As is often the case, this election cycle has ramifications on the cryptocurrency space. However, it also seems that this
Coinbase Publishes Transparency Report
Buy, Sell & Trade in U.S. U.S. crypto exchange, Coinbase, recently published a transparency report, notifying customers of how many requests for information it received from the government, and who sent them. The exchange revealed some interesting information, such as how many
US Corporations Not Testing China’s CBDC
Most people in the crypto industry are undoubtedly aware that China has been testing its Central Bank Digital Currency (CBDC) for months now. The first test was launched by the authorities in April of this year. The country's central bank, the
2020 Brought Major Funding to Blockchain Projects
No matter what part of the world you call home, it would be hard to find someone who wouldn’t say that 2020 has been anything less than challenging. Pick a sector; health, economic… it’s been one thing after another… It seems like
Ripple Could Leave U.S. if Regulatory Environment Fails To Improve
Ripple Executive Chairman Chris Larsen hinted that the company may pull out of the U.S. if the country’s regulatory bodies continue to stay very hostile towards cryptocurrency businesses. The chairman made this statement during the LA Blockchain summit yesterday. He mentioned
SEC Chairman Hopes For Tokenized Stocks
Now, the SEC is back in the cryptocurrency news. In a recent webinar, the chairman of the SEC, Jay Clayton, observed that all stocks have gone digital, unlike two decades ago when there were only stock certificates. The webinar talked more
FinCEN Director Warns Banks of Risks
Money laundering and other illicit activities being carried out with and funded by Bitcoin and other cryptocurrencies has been a staple complaint of governments and financial regulators alike. These authorities and regulators around the world are having serious challenges keeping down