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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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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Federal Reserve Banks “Not Even Thinking” About Withdrawing Policy Support
The Federal Reserve Banks are unlikely to “even think about withdrawing policy support” according to Jerome Powell, Fed’s chair. “We need to guard against the downside risks and not even …
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