The US Treasury noted that crypto exchanges like Suex are critical in facilitating the profitability of ransomware gangs.
Kristin Smith, executive director at the Blockchain Association, discusses the latest news on a provision in the infrastructure bill that seeks to raise $28B from the crypto industry in taxes. Show highlights: how the original crypto provision within the infrastructure bill came to be...
The supply of bitcoin continues to dry up as Marathon Patent Group Inc., one of the largest Bitcoin mining companies based in North America, announced its purchase of 4,812.66 BTC at an aggregate price of $150 million, per a release. The bitcoin was purchased via New York Digital Investment Group (NYDIG), which helped Marathon take advantage of...
The OCC allowed banks to use stablecoins for payment activities, Bitcoin dropped below $30,000.
Jeremy Allaire of Circle Pay and Kristin Smith of the Blockchain Association explain the impact of and motivation behind Treasury Secretary Steve Mnuchin’s proposed FinCEN rule that targets “unhosted” wallets. In this episode, they cover: what the new FinCEN rule says, and how it would impact unhosted or self-hosted wallets, as...
The FinCEN advertised 2 vacancies to hire strategic policy officers for expert advice on cryptocurrencies.
Jake Chervinsky, general counsel at Compound Labs, and Kristin Smith, executive director of The Blockchain Association, talk about the storm brewing in the cryptosphere involving self-custody and privacy. In this episode, they cover: the differences between hosted and self-hosted wallets and how transactions between them differ...
FinTech company Mode Global Holdings PLC has declared that it is now the first publicly listed company (PLC) in the UK to approve Bitcoin as a treasury reserve asset on Wednesday (October 21). Mode allotted 10% of its cash reserves to buy Bitcoin Mode ...
The Quant network aims to fix one of the critical issues of blockchain technology, which is the lack of interoperability. An extremely exciting system developed by Quant to address the interoperability issue is Overledger. This is not a blockchain but an operating system that connects blockchains. Along with that, it uses multi-chain applications (mApps) to connect existing traditional networks to a blockchain. In...
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