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The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for
According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies. The policy has the support of the Basel Committee’s supervisory body, the Group of
News • Bitcoin • Dec 16, 2022
The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies. The policy has the support of the Basel Committee’s supervisory body, the Group of
News • Bitcoin • Dec 16, 2022
The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for
News • Bitcoin • Dec 14, 2022
According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News • Business • Dec 09, 2022
Brazil’s Chamber of Deputies have approved a comprehensive regulatory framework for the usage and trade of Bitcoin and cryptocurrencies within the country. The new regulations, which were approved on Tuesday night in Brasília, the nation’s capital, acknowledge Bitcoin and cryptocurrencies as digital representations of value that may be
News • Bitcoin • Nov 29, 2022
The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on
News • Bitcoin • Nov 23, 2022
El Salvador’s president, Nayib Bukele, declared late last night that the nation would be buying one Bitcoin every day beginning today. https://twitter.com/nayibbukele/status/1593113857261965312 El Salvador currently has 2,381 BTC Bitcoin in its treasury, which is worth more than $39 million. When the market is
News • Bitcoin • Nov 17, 2022
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX). The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
News • Bitcoin • Nov 15, 2022
According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,
News • Business • Nov 11, 2022