USA

Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry

Democratic 2020 presidential candidate Andrew Yang has outlined how he plans to regulate the cryptocurrency industry. Promise to promote legislation on cryptocurrencies On Nov. 14, Yang, an entrepreneur, lawyer, philanthropist and a Democratic candidate in the 2020 United States presidential election, wrote in a Nov. 14 blog post on the tech industry that cryptocurrencies experience …

Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry Read More »

IRS Criminal Investigators Looking Into Bitcoin ATMs and Kiosks

United States Internal Revenue Service (IRS) Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin (BTC) ATMs and kiosks. According to Bloomberg Law on Nov. 15, Fort said that the IRS is collaborating with law enforcement to investigate illicit uses of new technologies like cryptocurrencies, stating: …

IRS Criminal Investigators Looking Into Bitcoin ATMs and Kiosks Read More »

FinCEN Chief: US Will Strictly Enforce Anti-Money Laundering In Crypto

The United States Financial Crimes Enforcement Network (FinCEN) Director Kenneth Blanco said that Anti-Money Laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. On Nov. 15, Reuters reported that Blanco made it crystal clear that cryptocurrency companies engaged in money service businesses will have to comply with AML laws and share information …

FinCEN Chief: US Will Strictly Enforce Anti-Money Laundering In Crypto Read More »

UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan

American logistics giant UPS has successfully delivered a blockchain-verified beef shipment from the United States to Japan. The company partnered with agritech firm HerdX to incorporate its packaging technology into a blockchain network to trace the journey of beef from Kansas to Japan, the firm announced on Nov. 11. As announced by UPS, the jointly-delivered …

UPS and Agritech Firm Use Blockchain to Verify Beef Shipment From US to Japan Read More »

Airbnb Now Bookable With Bitcoin and Lightning Network via Fold App

Bitcoin payments app Fold now supports home-sharing giant Airbnb, the firm announced on Nov. 11. Now Fold users can get 3% back in Bitcoin (BTC) on every stay and experience booked on Airbnb. $25 and $100 Airbnb gift cards for Bitcoin Airbnb is now listed on its rewards program called Fold Kickbacks. The program supports …

Airbnb Now Bookable With Bitcoin and Lightning Network via Fold App Read More »

Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings

With each passing day, the financial nitty-gritty associated with the cryptocurrency-related OneCoin Ponzi scheme continues to become of increasing interest to members of the global crypto community.  The U.S. government’s previous estimate of the scam that raked in a total of $4 billion seems to be well off the mark, as the figure could be …

Scale of OneCoin Scam Unravels Amid Ongoing Court Hearings Read More »

Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE

Shares of pro-crypto Silvergate Bank were launched for trading on the New York Stock Exchange (NYSE) on Nov. 7. Silvergate celebrates IPO day Silvergate Capital (NYSE:SI), a California-based commercial bank focused on digital currency businesses, is now officially listed on the NYSE, opening at $12.75, the NYSE tweeted Nov. 7. In conjunction with the event, …

Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE Read More »

BTC Miners: No More Basement Rigs, Greater Profits to Come

Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry has sprung forth and a quasi-gold rush rivaling that of the 1850s has taken the world by storm. …

BTC Miners: No More Basement Rigs, Greater Profits to Come Read More »

Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers

United States-based cryptocurrency exchange and wallet service Coinbase said today that it has expanded access for staking the cryptocurrency Tezos (XTZ). In a blog post on Nov. 6, Coinbase announced that it is now introducing staking rewards for all Tezos holders on Coinbase, so that each eligible U.S. customer can earn interest on their XTZ …

Coinbase Cryptocurrency Exchange Opens Tezos Staking to All US Customers Read More »

US Federal Reserve Hiring New Manager to Research Digital Currencies

The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C. On Nov. 3, the U.S central bank posted a new job opening to its website, looking for a new manager who is expected to contribute to the research of digital currencies, stablecoins and distributed ledger technologies.  Besides the …

US Federal Reserve Hiring New Manager to Research Digital Currencies Read More »