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Mayors Taking Pay in Cryptocurrency Embrace CityCoins Fundraising
Cities
Mayors Taking Pay in Cryptocurrency Embrace CityCoins Fundraising
2022-01-26 00:10:19
by Reece Nations

SAN ANTONIO — Mayors Eric Adams of New York City and Francis Suarez of Miami, Florida, who have publicly championed the benefits of cryptocurrency, now have turned to the digital tender as a means of public fundraising. CityCoins are a... Read More

Senate Examines Stablecoins as Replacement for Bitcoins
Cryptocurrencies
Senate Examines Stablecoins as Replacement for Bitcoins
2021-12-14 20:47:38
by Tom Ramstack

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

Cryptocurrency Enforcement Team Announced as White House Mulls Oversight
Cryptocurrencies
Cryptocurrency Enforcement Team Announced as White House Mulls Oversight
2021-10-13 13:17:18
by Reece Nations

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

China Declares All Cryptocurrency Transactions Illegal
International
China Declares All Cryptocurrency Transactions Illegal

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

Blockchain Could Move Cryptocurrency to Pivotal Place in Economies
Finance
Blockchain Could Move Cryptocurrency to Pivotal Place in Economies
2021-02-12 20:55:07
by Reece Nations

Cryptocurrencies have the potential to decentralize systems of commerce across the world, leading to vast peer-to-peer markets absent of manipulation.   In order for this to come to fruition, Sheila Warren, head of data, blockchain and digital assets and member of... Read More

Zuckerberg Threatened With Facebook Breakup
Congress
Zuckerberg Threatened With Facebook Breakup

WASHINGTON — Facebook CEO Mark Zuckerberg faced a threat to break up his company as a congressional hearing opened on the social media giant’s proposal to establish a cryptocurrency, Libra. The cryptocurrency proposal drew scrutiny due to Facebook Inc.’s enormous... Read More

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