Inflation Hedge or Not, Bitcoin's True Value Is Separation of Money and State
Inflationary forces are still out there and investors are thinking about how best to protect themselves. Is bitcoin a way to do that? Source link
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Buffett extols importance of cash over ‘new form of money’: reports
advertisement Legendary investor Warren Buffett championed cash over “new forms of money” and said Berkshire Hathaway would “always have a lot of cash on hand,” as CNBC, CNN and others published live updates of him addressing the company’s annual shareholder meeting today in Omaha, Nebraska. Buffett, 91, didn’t specify bitcoin or other cryptocurrencies, though in …
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US Treasury, Other Departments Will Publish Report on Money Under Biden Crypto Executive Order
“Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems,” Yellen said. “… because the questions raised by digital assets often have important cross-border dimensions, we’ll work with our international partners to promote robust standards and a level playing field. Source link
How NFTs are raising money for charity
The popular subscription platform OnlyFans, known for its adult content, will now let users post verified NFTs as profile pictures. The platform will only support NFTs minted on the Ethereum blockchain and will show an Ethereum icon on NFT profile pictures to mark them as authentic. The company said it introduced NFT profile pictures in …
California man to serve three years in federal prison for illegal bitcoin exchange and money laundering
advertisement A California man who in February agreed to plead guilty to felony charges of money laundering and operating a crypto exchange without proper licensure has been sentenced to three years in federal prison, according to a release from the U.S. Department of Justice. As The Block previously reported, Hugo Sergio Mejia operated a Bitcoin-to-cash …
Crypto Revolution: Your Guide to The Future of Money Now Available!
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SEC fines ICO rating website for taking money from issuers in exchange for better reviews
On July 14, the U.S. Securities and Exchange Commission unveiled settled charges against UK-based Coinschedule. Accessible in the U.S. from 2016 to August 2019, Coinschedule was a platform that reviewed upcoming initial coin offerings, providing seemingly objective perspective as to which ICOs were more or less scammy. Per the SEC’s order: “The platform claimed to …
U.S. Justice Department seeks crypto-specialized trial attorney for money laundering recovery
Per a job posting that appeared on June 21, the Department of Justice is looking for an attorney specialized in digital assets to join its criminal division. The new hire will serve as the “subject matter expert on digital currency and blockchain technologies for the Criminal Division,” specifically the Digital Currency Initiative. The DCI itself …
FBI aids Ohio county to help stop scam victims from sending money via bitcoin ATMs
The number of scams that involve would-be victims buying bitcoin has risen high enough in Cleveland’s Cuyahoga County that the Federal Bureau of Investigations (FBI) has gotten involved. The Cuyahoga County Department of Consumer Affairs teamed up with the FBI to place signs around Bitcoin ATMs warning people about possible scams, such as someone claiming …
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Make Your Money Work! Top Crypto Lending Tools
How are cryptocurrency and decentralized finance changing the world of lending? New types of blockchain finance are revolutionizing the ways that people borrow, and the systems by which l How are cryptocurrency and decentralized finance changing the world of lending? New types of blockchain finance are revolutionizing the ways that people …