US officials accuse a California man of using bitcoin to hide $5.3M in drug money
Officials from the federal government stated that John Khuu traded counterfeit medications for bitcoin, earning over $5 million as a result.
Friday, U.S.…
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US Treasury advises legislators To choose crypto spot market regulators
Economist Jonathan Rose said, "The research proposes the adoption of legislation granting regulatory power to federal financial regulators over this sector." The…
U.S. Sanctions Reduce Access to Privacy Tools, Hitting Crypto Companies
The U.S. Treasury Department sanctioned a restriction on Tornado Cash, a crypto privacy tool that combines the money of several users to conceal the origin of…
U.S. Senate candidate supports Bitcoin and compares the currency to a melting ice cube
Senatorial candidate for New Hampshire in the United States Bruce Fenton has reaffirmed his support for Bitcoin (BTC) despite his opposition to government…
A new survey shows US, Ukraine, and the UK dominate in crypto adoption
As the cryptocurrency industry expands, digital assets are being used for many reasons, including payments and investments. However, the usage of cryptocurrencies…
Crypto, stocks fall as Fed predicts more rate hikes
According to minutes published on Wednesday, the Federal Reserve is expected to hike interest rates again, given that the US regulatory body's early measures have…
The US Inflation Rate Declines in July, While Bitcoin and Ethereum Skyrocket
After reaching 9.1 percent in June, the US consumer price index (CPI) for July increased by 8.5 percent, or less than anticipated, signalling an inflation peak and…
US Conservative Political Organization Defends Bitcoin and Private Stablecoins
A fiscally conservative research group expresses scepticism over using central bank digital currencies (CBDCs) and questions if they can potentially have unexpected…
U.S. banking regulator tells banks to limit crypto deposit insurance claims
Federal Deposit Insurance Corporation (FDIC), the United States banking regulator has issued a new recommendation to banks to reduce client misunderstanding over…
US millennials invested more in crypto than mutual funds
A study by Alto found that 40 percent of questioned American millennials had invested in cryptocurrencies, a bigger proportion than those who hold mutual funds.
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