cryptocurrency regulation us

SEC’s ‘Crypto Mom’ Hester Peirce Believes Digital Assets Could Be the ‘Money of Internet’
September 27th, 2019

SEC’s Hester Peirce stated that cryptocurrencies prove to be important “transaction mechanisms” and their “store of value” is an important function of the digital assets.

U.S. Congress to Discuss Cryptocurrency With SEC Right After Bakkt is Launched
September 20th, 2019

With a sense of urgency, the US Congress has set Sept. 24 as a day to thrash out issues relating to cryptocurrency together with the leadership of the SEC, which comes just a day after Bakkt launch.

After Visiting Switzerland, US Regulators Remain Worried About Facebook’s Libra
August 26th, 2019

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra.

Bitcoin Price On Its Way to Recovering, Similar Situation Paved a Way to Its $20k Price
August 1st, 2019

Bitcoin had been in an uptrend for most of the day, and yesterday it managed to successfully pierce the $10,000 mark, which is generally considered to be a level of crucial psychological, if not technical, resistance.

Circle CEO to Testify in Senate Hearing on Digital Currencies and Blockchain
July 30th, 2019

The Senate Banking Committee will hear arguments from Circle CEO and Co-founder, Jeremy Allaire on the digital currencies and the blockchain industry. Allaire hopes that a new regulatory framework will be adopted for the sector.

BTC-e Exchange and Alexander Vinnik Sued $100 Million by the US
July 29th, 2019

On 25th July, FinCEN, an agency within the US treasury department, levied a fine on both Vinnik and BTC-e to the amount of $88,596,314 and $12,000,000, plus interest as provided by law for the involvement in certain monetary related criminal activities.

Ron Paul: I Am All Up For Cryptocurrencies, I Love Competition
July 16th, 2019

Ron Paul, former congressman, and ex. presidential candidate called cryptocurrencies a ‘great idea’. He likes competing currencies and is a long-time proponent of winding down the Federal Reserve and radically restructuring how US dollar is issued.

U.S. Treasury Secretary: Bitcoin, Libra Pose National Security Threat
July 16th, 2019

The Treasury Department has concerns that Libra, as well as Bitcoin, could be misused by terrorist financiers and money launders, to carry out illicit activities ranging from cybercrime to tax evasion, extortion, and ransomware.

Facebook to the U.S. Lawmakers: Libra Will Work With Policymakers and Respect Privacy
July 10th, 2019

Facebook blockchain lead David Marcus sent a letter to U.S. lawmakers in which he addressed multiple questions asked by the government. Facebook says it will respect consumer privacy and is willing to work together with regulators.

Tens of US Watchdogs Ask Congress to Halt Facebook’s Libra Development Until the Hearing
July 3rd, 2019

In another attack on the Libra developments, 33 lawmakers have requested Congress to ask Facebook to stop further development on Libra before they answer all their concerns and questions.