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Coin Center’s Case Dismissal Threatens Bitcoin Privacy
Coin Center’s Case Dismissal Threatens Bitcoin Privacy
News  •  Bitcoin  •  Jul 21, 2023 by Deniz Saat

In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central

Federal Reserve Unveils New Instant Payments System FedNow
Federal Reserve Unveils New Instant Payments System FedNow
News  •  Politics  •  Jul 20, 2023 by Deniz Saat

On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service

Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin
Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin

In an interview with the Financial Times on July 31st, Coinbase's CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) once told the crypto exchange to remove almost 250 tokens from its platform, except Bitcoin. This request came before the regulatory body filed a

News  •  Bitcoin  •  Jul 31, 2023
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Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin
Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin

In an interview with the Financial Times on July 31st, Coinbase's CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) once told the crypto exchange to remove almost 250 tokens from its platform, except Bitcoin. This request came before the regulatory body filed a

News  •  Bitcoin  •  Jul 31, 2023
Coin Center’s Case Dismissal Threatens Bitcoin Privacy
Coin Center’s Case Dismissal Threatens Bitcoin Privacy

In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central

News  •  Bitcoin  •  Jul 21, 2023
Federal Reserve Unveils New Instant Payments System FedNow
Federal Reserve Unveils New Instant Payments System FedNow

On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service

News  •  Politics  •  Jul 20, 2023
Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin
Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin

At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes

News  •  Bitcoin  •  Jul 18, 2023
Nevada Court Orders Prime Trust in Receivership
Nevada Court Orders Prime Trust in Receivership

The Eighth Judicial District Court of Nevada has accepted a petition from the Nevada Financial Institutions Division (NFID) to put cryptocurrency custodian, Prime Trust, into receivership, pending a hearing.  https://twitter.com/NevadaDBI/status/1681382351325253632 A July 14th court document from Nevada showed that a receiver for Prime Trust was

News  •  Business  •  Jul 18, 2023
Europe Is Poised to Launch Its First Spot Bitcoin ETF
Europe Is Poised to Launch Its First Spot Bitcoin ETF

The much-anticipated launch of the first European spot Bitcoin ETF has been delayed significantly, but may potentially be approved in the near future.  Meanwhile, the United States is also displaying an increase in interest for a similar financial product, initiated by BlackRock's submission for an American spot Bitcoin

News  •  Bitcoin  •  Jul 14, 2023
Belarus Takes Measures to Ban P2P Bitcoin Transactions
Belarus Takes Measures to Ban P2P Bitcoin Transactions

In an effort to mitigate escalating rates of cybercrime, the Belarusian government has suggested prohibiting peer-to-peer (P2P) transactions involving Bitcoin and other digital assets.  The Ministry of Foreign Affairs (MFA) of Belarus outlined the objectives of this new legislation and the resulting impact on users of Bitcoin and crypto exchanges.

News  •  Bitcoin  •  Jul 05, 2023
SEC Requires Clear and Detailed Information for Spot Bitcoin ETF Applications
SEC Requires Clear and Detailed Information for Spot Bitcoin ETF Applications

The Wall Street Journal reports that the Securities and Exchange Commission (SEC) has expressed worries about the recent influx of spot Bitcoin exchange-traded funds (ETFs) applications, indicating that the submissions lack both clarity and thorough information. Echoing BlackRock's strategy, a variety of asset managers such as Fidelity Investments,

News  •  Bitcoin  •  Jun 30, 2023
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