Cryptocurrencies
WASHINGTON (AP) — Erin Houchin braced for the worst when a mysterious, well-financed group started buying television ads last month... Read More
WASHINGTON (AP) — Erin Houchin braced for the worst when a mysterious, well-financed group started buying television ads last month in her highly competitive southern Indiana congressional race. Houchin assumed she would face a negative blitz, like the one that... Read More
HELENA, Mont. (AP) — For the past year a company that “mines” cryptocurrency had what seemed the ideal location for... Read More
HELENA, Mont. (AP) — For the past year a company that “mines” cryptocurrency had what seemed the ideal location for its thousands of power-thirsty computers working around the clock to verify bitcoin transactions: the grounds of a coal-fired power plant... Read More
NEW YORK (AP) — Wall Street futures rebounded Wednesday and European shares rose sharply as investors eyed diplomatic efforts to... Read More
NEW YORK (AP) — Wall Street futures rebounded Wednesday and European shares rose sharply as investors eyed diplomatic efforts to end Russia's attack on Ukraine, while Asian markets sank after Chinese inflation accelerated. Futures for Wall Street’s S&P 500 index... Read More
WASHINGTON (AP) — President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark... Read More
WASHINGTON (AP) — President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded. The move comes as administration officials have raised concerns in... Read More
WASHINGTON (AP) — The Justice Department announced Tuesday its largest-ever financial seizure — more than $3.5 billion — and the... Read More
WASHINGTON (AP) — The Justice Department announced Tuesday its largest-ever financial seizure — more than $3.5 billion — and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency stolen from the 2016... Read More
NEW YORK — A key lawsuit pending in New York is moving toward a judgment expected to influence the extent... Read More
NEW YORK — A key lawsuit pending in New York is moving toward a judgment expected to influence the extent the booming cryptocurrency market can remain largely unregulated. The Securities and Exchange Commission argues that Bitcoin, Ethereum and other cryptocurrencies... Read More
SAN FRANCISCO — Former Twitter CEO Jack Dorsey on Wednesday announced the creation of a nonprofit legal defense fund geared... Read More
SAN FRANCISCO — Former Twitter CEO Jack Dorsey on Wednesday announced the creation of a nonprofit legal defense fund geared towards defending Bitcoin developers from litigation. Dorsey announced the fund in a mailing list for Bitcoin developers and said its... Read More
WASHINGTON — A Senate panel discussed strategies Tuesday for the U.S. government to participate in the growth of cryptocurrencies but... Read More
WASHINGTON — A Senate panel discussed strategies Tuesday for the U.S. government to participate in the growth of cryptocurrencies but to avoid economic calamities. Financial advisors told the Senate Banking, Housing and Urban Affairs Committee they face a daunting task.... Read More
AUSTIN, Texas — Texas’ alluring low energy costs are drawing bitcoin miners from out of state despite the vulnerable condition... Read More
AUSTIN, Texas — Texas’ alluring low energy costs are drawing bitcoin miners from out of state despite the vulnerable condition of the electrical grid. Cryptocurrency mining is an energy-intensive process in which new cryptocurrencies are entered into circulation by using... Read More
WASHINGTON -- The Biden administration is taking steps to address the growing threat of cybercrime while considering whether to issue... Read More
WASHINGTON -- The Biden administration is taking steps to address the growing threat of cybercrime while considering whether to issue an executive order on issues surrounding the illicit use of cryptocurrency. A White House National Security Council spokesperson said in... Read More
BEIJING (AP) — China's central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up... Read More
BEIJING (AP) — China's central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money. Chinese banks were banned from handling cryptocurrencies in 2013, but the... Read More
After working for over a decade on modernizing its payment system, the Bahamas is now home to the world’s first... Read More
After working for over a decade on modernizing its payment system, the Bahamas is now home to the world’s first central bank digital currency called the “sand dollar.” For this archipelago of 700 Caribbean islands, moving to a mobile payment... Read More
WASHINGTON — While cryptocurrencies have dominated the news, another type of digital currency is being considered by the central banks... Read More
WASHINGTON — While cryptocurrencies have dominated the news, another type of digital currency is being considered by the central banks of dozens of countries including the United States. Starkly different from crypto, these electronic currencies would have the full backing... Read More
Cryptocurrency may still seem like a strange, foreign concept in many American households – but the technology has reached the... Read More
Cryptocurrency may still seem like a strange, foreign concept in many American households – but the technology has reached the point where it is entering the everyday economy. The price of Bitcoin has hit a record-high, G7 officials are pushing... Read More
WASHINGTON – This week, Rep. Tom Emmer, D-Minn., sent a letter to the Securities and Exchange Commission urging them to... Read More
WASHINGTON – This week, Rep. Tom Emmer, D-Minn., sent a letter to the Securities and Exchange Commission urging them to address the issue of broker-dealer custody of digital securities. Rep. Emmer's letter urges the SEC to take three important actions:... Read More
WASHINGTON — At some uncertain point in the future, printing cash may be a waste of money. As Americans increasingly... Read More
WASHINGTON — At some uncertain point in the future, printing cash may be a waste of money. As Americans increasingly rely on credit cards, online transfers, mobile apps and cryptocurrencies to complete transactions, a House panel debated Thursday the promise... Read More