The $5-billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger. The United States government has become one of the largest Bitcoin (BTC) holders, with over 200,000 BTC worth more than $5 billion despite selling a few thousand BTC worth millions…
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On Wednesday, David Marcus, the former president of PayPal and ex-vice president of Facebook, stated that Bitcoin stands alone as the only form of “neutral internet money” in existence during an episode of the What Bitcoin Did podcast…. Read More: Ex-PayPal President David Marcus Labels Bitcoin as Sole ‘Neutral Internet Money’ Read more »Sign up…
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Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s far behind Biden and Trump. Pro-crypto candidate for the United States presidency Robert F. Kennedy, Jr., often known simply as RFK Jr., announced on Oct. 9 at a rally…
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The amendments tackle arguments made by the SEC against the use of the CME BTC futures market for surveillance sharing. Bitwise Asset Management has filed an amended application for a spot Bitcoin exchange-traded fund (ETF), beefing it up with 40 pages of new text responding to the United States Securities and Exchange Commission’s (SEC) objections…
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The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain. Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition affiliated with the Chamber of Digital Commerce. The network is…
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Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024. Malta’s Financial Services Authority (MFSA) has begun public consultation over changes in its crypto regulations in order to align with Europe’s Markets in Crypto-Assets (MICA) regulations set to take…
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According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year. South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about their use for criminal activities. The financial regulators in the country are…
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Binance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance, and said reports are market FUD. The world’s leading crypto exchange by trading volume, Binance, has seen the departure of 10 key executives from various departments in the first nine months of 2023. While executive…
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Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it’s part of a bigger regulatory picture. Australian investors will be left exposed to unregulated markets and investments will be driven away from the country if the Digital Assets (Market Regulation) Bill is rejected by parliament, the bill’s…
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Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services. OKX cryptocurrency exchange has entered the final stage before acquiring a virtual asset service provider license (VASP) in Hong Kong. The crypto exchange expects the final approval for a VASP license by March…
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