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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Kentucky Legislators Offer Tax Incentives For Crypto Miners
A proposal to extend tax breaks to cryptocurrency miners who make a home in the U.S. state of Kentucky has advanced in spite of a potential drain on the government’s …
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SEC nominee chairman Gary Gensler calls cryptocurrencies “catalyst of change”
Gary Gensler, President Joe Biden’s nominee to spearhead the Securities and Exchange Commission, has told the Senate Banking Committee that he would promote cryptocurrency innovation during his March 2 confirmation hearing when asked cryptocurrency regulations. …
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Letitia James: Play By The Rules Or We Will Shut You Down
New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities. According to …
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While Washington dithers, Wyoming & other states mine for crypto gold
The United States is divided politically these days into red states and blue states, and increasingly, it seems to be fracturing into cryptocurrency-friendly and crypto-wary locales, too. On Feb. 21, …
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U.S. Department of Education promotes putting student records on blockchain
The COVID-19 pandemic has exposed flaws across various sectors. As a result, a number of government departments are evaluating blockchain-based systems as possible solutions for challenges involving multiparty workflows, record-keeping, …
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BlackRock confirmed they’re looking into Bitcoin
Rick Rieder, the managing director of BlackRock, the world’s largest asset manager, confirmed that the company is looking into Bitcoin. “We’ve started to dabble a bit into it,” he said, …
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Miami is to officially become USA’s biggest Bitcoin hub
Miami’s City Commission has successfully passed a resolution proposed by Mayor Francis Suarez that allows municipal employees to get paid in Bitcoin. The workers of the Magic City will be able to …
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