U.S. Congress Members Opposed Treasury Crypto Ruling
One of the biggest stories in crypto right is the news that the Financial Crimes Enforcement Network (FinCEN) branch of the U.S. Treasury is working on cracking down on self-hosted wallets in crypto.
A document that outlines the proposed rule…
Tether Has Been Below $1 For Six Months, And Its Bearish For Bitcoin
Bitcoin has managed to hold above the $7,000 level until the end of the year but could turn bearish in the short term the new year begins. Tether price action has been weak since July 2019 and it is not a good sign for BTC.
USDT and Bitcoin…
US Treasury Sanctions Bitcoin Addresses, Two Iranian Men, in Ransomware Hacks
For the first time ever, the U.S. Treasury Department announced that they have sanctioned two Bitcoin wallet addresses connected to a ransomware scheme associated with two Iranian men.
Bitcoin Wallets Sanctioned in Unprecedented Case
As first…
Bank of England Slammed for Falling Behind Regulating Crypto
The Bank of England (BoE) has been criticized in a UK Treasury Committee during a hearing on Digital Currencies on July 4. Three senior government and banking officials denied the claim, arguing that a taskforce is underway to provide clear…
