Iran seizes 7,000 Bitcoin mining rigs
Totalitarian action! We move from China to Iran, where the government is has upped its curb on crypto by going after mining rigs that are operating illegally in the …
Tag: Strategy
Facebook crypto boss says China crackdown is great for Bitcoin
David Marcus, head of Facebook Financial (F2) and lead of the company’s crypto project, believes that the Chinese government cracking down on Bitcoin is a great development for the …
GM will accept Bitcoin if there is demand
The CEO of America’s largest automaker, General Motors, has said that nothing precludes her company from accepting Bitcoin if there is consumer demand for the cryptocurrency. Mary Barra, talked …
Latin America eyes Bitcoin adoption after El Salvador law
The future approaches. Several counties in Latin America have expressed interest in Bitcoin, following the momentous development of El Salvador passing a law making the cryptocurrency legal tender. These …
Bitcoin crash pushed some investors towards gold
Weak appetite when buying the dip? The crypto market is still seeking stabilization, more than a week after the Bitcoin price crash of May 19 that saw the digital …
Crypto may force SEC to modernize custody rules
New world, new rules. SEC Commissioner Hester Pierce is in the news again, this time sharing her thoughts on how the regulatory body might be forced to modernize its …
Don’t expect crypto regulations from Congress anytime soon
Politics. Things like these takes time. US Congressman Jim Himes has weighed in on just how quick could the US Congress be ready to pass cryptocurrency legislation. And let’s …
Treasury wants crypto transfers over $10,000 to be reported to IRS
New measures? The US Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. …
Australian government will not stand in the way of crypto
That’s the way I like it! An Australian federal minister has said that government has no objection to people investing in crypto assets, though she also warned of the …
