Tag: america

Jul 23 2021

BlockFi Faces Legal Battle in Three States

Reading Time: 2 minutes DeFi lending platform BlockFi has seen one of its products labelled a security by regulators in three states Alabama and Texas have claimed the company’s BIA instrument contravenes securities laws New...

Jul 21 2021

Virgil Griffith Behind Bars After Bail Violation

Reading Time: 2 minutes Former Ethereum developer Virgil Griffith is behind bars having violated his bail conditions Griffith, who travelled illegally to North Korea to speak at a blockchain conference in 2019, accessed his Coinbase account in May Griffiths allegedly...

Jul 20 2021

Digital Yuan Concerns for U.S. Olympic Athletes

Reading Time: 2 minutes Three U.S. lawmakers have written to the U.S. Olympic and Paralympic Committee to request that athletes do not use the digital yuan at the 2022 Winter Olympics in Beijing The senators are concerned about the tracking powers of the new currency...

Jul 19 2021

John McAfee Was “Broke” When He Died Says Author

Reading Time: 2 minutes John McAfee was indeed “broke” when he died according to a Scottish author Mark Eglinton spent six months on the run with McAfee, interviewing him about his life and philosophies McAfee spent most of his money on properties, some of which he had...

Jul 17 2021

Is the U.S. the World’s Most “Crypto-Ready” Country?

Reading Time: 2 minutes According to the "Crypto-Ready Index," the United States is the most "crypto-ready" nation worldwide. The U.S. managed to score 7.3 out of 10 in the Crypto Head index. Following the U.S., other crypto-ready countries are...

Jul 16 2021

Mnuchin: It’s “Perfectly Fine” to Own Bitcoin

Reading Time: 2 minutes Former U.S. Treasury Secretary Steve Mnuchin has said that it’s “perfectly fine” for people to own Bitcoin Mnuchin called misuse of Bitcoin a “national security issue” when he was in office Mnuchin pushed for greater regulation of...

Jul 06 2021

Digital Yuan Progress Leaves the West in the Dust

Reading Time: 2 minutes China’s development of their digital yuan has continued in recent weeks, leaving western nations floundering The digital yuan will soon be accepted on Beijing’s subway and rail systems, and soon Chengdu’s transport system Western countries should...

Jul 05 2021

Ohio State Sells 500 Seized Bitcoin For $19.23 Million

Reading Time: 2 minutes Authorities in Ohio last week sold 500 seized bitcoin for $19.23 million, the largest net forfeiture in Northern District of Ohio’s history The bitcoin was seized from Mark Simon in 2018 and was sold to an unknown buyer The sale netted Ohio a...

Jul 04 2021

Bitcoin And The American Idea

Has America strayed from its founding ideals? An activist and a refugee think Bitcoin can help it get back on track.Today, Americans celebrate 245 years of independence from the British Empire.On this day in 1776, our Founding Fathers declared:“We … the Representatives of the united States of America … in the Name, and by Authority of the good People...

Jun 25 2021

Cryptocurrency Regulation a Priority Says Treasury Nominee

Reading Time: 2 minutes Brian Nelson, Treasury Undersecretary for Terrorism and Financial Intelligence, has said that one of his priorities is regulating cryptocurrency Nelson said that it was important to tackle illegal activity while ensuring innovation did not leave the...

Jun 24 2021

McAfee Suicide Wasn’t a Government Plot

Reading Time: 2 minutes The death of John McAfee in a Spanish jail yesterday is likely to have been a suicide McAfee was adamant he wouldn’t get a fair trial in the U.S. and had probably planned this end as soon as he was arrested Conspiracy theories have linked his...

Jun 21 2021

John McAfee – Jailed, Broke, and Waiting

Reading Time: 3 minutes John McAfee, once the go-to guy for crypto pumping, has been in a Spanish jail for nine months awaiting an extradition hearing McAfee’s case has been delayed following a foul up by Spanish authorities McAfee claims he is broke, but he likely has...

Jun 16 2021

SEC Leaves Crypto Out of Spring 2021 Agenda

Reading Time: 2 minutes The SEC recently published its spring 2021 agenda, but cryptocurrency reform was not on it The agenda outlined the agency’s revised short- and long-term goals which were varied but did not mention the cryptocurrency markets New SEC boss Gary...

Jun 11 2021

Was JBS Bitcoin Ransomware Payment Another FBI Sting?

Reading Time: 2 minutes Meat giant JBS paid hackers an $11 million ransom recently after they infiltrated the company’s systems JBS paid the ransom despite having encrypted backups that allowed them to get their systems back online Could the FBI have been behind the...

Jun 10 2021

DeFi Platforms May be Illegal Says CFTC Commissioner

Reading Time: 2 minutes Commodity Futures Trading Commission (CFTC) commissioner Dan Berkovitz has claimed that DeFi derivatives platforms contravene financial law Berkowitz called unregulated DeFi derivatives platforms “a bad idea” Regulating decentralized entities...

Jun 09 2021

IRS Asks For Help in Identifying Crypto Tax Evaders

Reading Time: 2 minutes The IRS commissioner has asked for extra tools and resources to track crypto tax dodgers Charles Rettig admitted that the IRS is struggling to adequately tax the crypto space, leaving a $1 trillion tax gap...

Jun 08 2021

FBI Recovers $2.3 Million of Colonial Ransomware Payout

Reading Time: 2 minutes An FBI-led operation has recovered 85% of the $4.5 million in bitcoin paid to the Colonial Pipeline hackers last month Hacking group DarkSide thought they had got away with ₿75 after infiltrating Colonial in May...

Jun 05 2021

Bitcoin 2021: Bringing Bitcoin Innovation Home To America

Allan Stevo, U.S. Senator Cynthia Lummis (R-WY) and Rep. Warren Davidson (R-OH) discussed their ideas for bringing innovation to America.This conference session took place on day one of the Bitcoin 2021 conference in Miami on June 4 and 5. Make...

Jun 04 2021

Ransomware Payments Have Set “Dangerous Precedent”

Jun 04 2021 Published at FullyCrypto under tags  america cryptocurrency news ransomware

Reading Time: 2 minutes Two ransomware payments have set a “dangerous precedent” according to a prominent American politician U.S. Representative Carolyn Maloney criticized the payouts and asked for details of the transaction The U.S. has also elevated ransomware...

May 13 2021

Why XRP Will Surge Whatever Happens in SEC Case

May 13 2021 Published at FullyCrypto under tags  america cryptocurrency news ripple sec xrp

Reading Time: 3 minutes The SEC vs Ripple case has already had a big impact on the price of the XRP token There are three likely outcomes in the case, all of which will probably result in the XRP token booming Only closure of the company will have a negative impact on...

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