A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. …
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Boston Fed and Massachusetts Institute of Technology To Release Digital Dollar Prototypes In July
Researchers at the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) will unveil prototype central bank digital currency systems as early as July, according to a new …
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Bitcoin mining shares have surpassed BTC by 455% in the past 12 months
Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital …
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Wyoming’s ‘DAO law’ to pass State Senate in a 28-2 vote
The upper chamber of Wyoming’s legislature has passed a bill that, if approved, would clear the way for decentralized autonomous organizations, or DAOs, to become incorporated under state law. The …
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US Federal Reserve: digital currencies can ‘coexist’ with cash
Jerome Powell, head of the US Federal Reserve, said state-backed digital currencies and official Central Bank Digital Currencies (CBDCs) can function alongside fiat money in the coming years, as per …
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Morgan Stanley to becomes 1st big U.S. bank to offer its wealthy clients access to Bitcoin funds
Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in wealth management with $4 trillion in …
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BREAKING: Bitcoin Rises To $ 51K Mark As US Senate Pass $ 1.9 Trillion Covid Aid Bill
At 17:24 UTC on Saturday (March 6), U.S. Senate Majority Leader Chuck Schumer announced that Senate Democrats had just managed to get passed a $1.9 trillion COVID-19 relief bill (“American Rescue …
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Thai bank’s venture arm to invest in institutional crypto custodian Anchorage
Just last month, SCB 10X — the venture arm of Siam Commercial Bank — had announced its new $50 million funds dedicated to investments in global blockchain, decentralized finance, and digital …
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BitMEX CEO Arthur Hayes Negotiates Surrender to US Authorities
According to court documents shared with cryptocurrency publication The Block, BitMEX CEO Arthur Hayes could surrender to US authorities in Hawaii next month. Hayes and BitMEX co-owners Greg Dwyer and Ben …
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Drug traffickers “increasingly” used bitcoin ATMs for illegal transfers in 2020
According to the US Department of Justice’s Drug Enforcement Administration (DEA), drug traffickers increasingly relied on crypto ATMs to aid illicit bulk money transfers, last year. DEA also noted a …
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