The United States Financial Crimes Enforcement Network (FinCEN) has assessed a civil money penalty for a California resident accused of wilfully violating money transmission laws in his work as a peer-to-peer…
Tag: US crypto policy
US Justice Dept. Convicts Two Romanians of Cybercrimes Including Cryptojacking
A federal jury has convicted two Romanian alleged cybercriminals of spreading malware to steal credit card credentials and illicitly mine cryptocurrency, an announcement from the official website of the United States Department of Justice revealed on April 11. The malware allegedly…
US Subsidiary of EU Crypto Exchange Bitstamp Seals BitLicense From New York Regulator
The United States subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial…
US CFTC Chair Says Agency Has Resisted Calls to Suppress Development of Crypto Sector
United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector. Giancarlo…
FEDERAL RESERVE SYSTEM BRIEFLY GOES DOWN AS BITCOIN BOASTS 99.98% UPTIME
FEDERAL RESERVE: FEDWIRE GOES DOWN According to several users on different social media, Fedwire, the real-time gross settlement system, owned and operated by the 12 Federal Reserve banks in…
Proposed Texas Bill Would Require ID Verification for Crypto Use
A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment. If…
US Missoula County Considers Requiring Crypto Miners to Use Renewable Energy
The official website of the United States Missoula County in Montana reports that the country commissioners have discussed regulation of cryptocurrency mining on March 14. The county website contains two drafts, one being the Cryptocurrency Mining…
US State Dept. on Blockchain: Sometimes Gov’t Should ‘Stay out of the Way’
A United States senior government official said that the country was closely monitoring global approaches to blockchain in a speech at the 4th Annual DC Blockchain Summit on March 6. The event, organized by blockchain…
‘Coffee for Bakkt’? Starbucks Equity Deal Will See Crypto-Based Payments, Source Claims
New details about Starbucks’ partnership with United Statescryptocurrency platform Bakkt suggest the coffee giant will accept Bitcoin (BTC)-based payments after an equity deal, cryptocurrency industry news outlet The Block reported on Mar. 4. Starbucks, which became known as a…
New York Times: Facebook Reportedly Shopping ‘Facebook Coin’ to Crypto Exchanges
Facebook is “hoping to succeed where Bitcoin failed” with its highly secretive cryptocurrency project, a New York Times (NYT) article published today, Feb. 28, argues. Citing multiple anonymous sources who spoke on…
