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US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

The U.S Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

Exclusive: Gerard Dache, on the Two Contradictions of Facebook Libra

In part 2 of the interview, Gerard walked us through some of the recommended bills to the government in fostering blockchain innovation, such as the “Blockchain Promotion Act”. He then shared his views on the nature of Bitcoin and two contradictions of Facebook’s Libra.

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. Financial Regulators Warn Crypto Firms to Tighten Stablecoin AML Risk Controls

U.S. regulators have issued a strict warning on money laundering risks associated with stablecoins and has warned providers to tighten AML protections and controls.

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US Legislators Approve Digital Taxonomy and American COMPETE Blockchain Bills in Tech Race with China

US lawmakers approved the American COMPETE Act and the Digital Taxonomy Act, in an active race against China the blockchain and technological sector.

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

Former US Head of Treasury Lawrence Summers Backs Cryptocurrency

In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

Largest U.S. Public Pension Fund Holds Over 100,000 Shares in Bitcoin Miner RIOT Blockchain

The largest U.S. public pension fund, CalPERS increased its stake in RIOT Blockchain (RIOT), a Bitcoin mining firm, during Bitcoin’s sensational price surge at the end of 2020.

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