US

Pension Funds Double Crypto Asset Exposure in Morgan Creek’s Fund to 1%

Morgan Creek Digital now takes up around 1 percent of the assets of two Fairfax Retirement System pension funds – an investment which has more than doubled since taking their first position in the fund that closed in February. Two of the three pension funds under the system from Fairfax County, Virginia, the Police Officer’s …

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As Crypto Exchanges Exit the US, Which Trading Platforms Will Enter the Breach?

<header class=”article__header”> </header> <strong>The U.S. remains a challenging environment for centralized cryptocurrency exchanges, with major players significantly scaling back their operations and others heading for the door. The most recent casualty of America’s stringent regulatory climate is one time market-leader Poloniex, which has “spun out” from parent company Circle, spinning out of the U.S. market …

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Where US Regulators Stand on Crypto Assets

<header class=”article__header”> </header> <strong>The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS.</strong> Also read: Tax Guide: What Crypto …

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FISA court: FBI use of NSA’s electronic surveillance data was illegal

Sponsored Links krblokhin via Getty Images A US court ruled that some of the FBI’s electronic surveillance activities violated the constitutional privacy rights of Americans. The Foreign Intelligence Surveillance Court (FISC) deemed that FBI officials improperly searched a National Security Agency (NSA) intelligence database for info on Americans. The ruling was made last year but …

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American Banking Giants Sound Off Against Libra as Monetary Threat

As if the financial establishment has not been vocal enough about its resistance against Libra, their displeasure was noted in an official complaint to the central bank. Executives from some of the biggest American banks told the Federal Reserve that Facebook’s cryptocurrency Libra would pose a threat on monetary policies in the US, Bloomberg reported. …

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How G20 Central Bank Digital Currencies Are Progressing

<header class=”article__header”> </header> <strong>Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will be introduced.</strong> Also read: …

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Bitflyer Adds Bitcoin Cash Trading Across Europe and the US

</header> <strong>Bitflyer has added a selected number of new cryptocurrencies for its European and American clients to trade. Bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) is among the few digital assets now available to buy and sell on all licensed platforms operated by the Japanese company.<br></strong> Also Read: NASA to Launch Bitcoin to the …

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Verizon Just Won a Patent to Create Virtual SIMs on a Blockchain

Telecommunications conglomerate Verizon is eyeing the use of blockchain technology to underpin the dynamic creation of virtual SIM cards. The company was granted a patent with the U.S. Patent and Trademark Office for the concept on Sept. 10, in which it sets out how it the invention could do away with pre-inserted, branded physical SIM cards. …

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North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions

<header class=”article__header”> </header> <strong>A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold and the digital asset’s main purpose …

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Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’

<header class=”article__header”> </header> <strong>Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing Snowden’s new book but the government will take the revenue he earns from the memoir instead. Following the book publishing fiasco, Snowden …

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