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” US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group “ The Office of Foreign Assets Control of the United States Department of the Treasury has added two cryptocurrency wallets allegedly connected to a Russian sanctions evasion network as part of its list of Specially Designated Nationals. In a Feb. 1 announcement,…
” Bitcoin mining advocate is going state-to-state to educate US lawmakers “ Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation. Porter, who first discovered Bitcoin (BTC) in 2017, told Cointelegraph…
” US lawmakers renew request for answers from Silvergate on FTX: Report “ Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX. According to a Jan. 31 Bloomberg report, U.S. senators including Elizabeth Warren,…
” Elon Musk wants Twitter payments system built with crypto in mind “ Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan. 30 Financial Times report, two people familiar with Twitter’s plans…
” Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30 “ Even though this winter continues to stress test the case for Bitcoin (BTC) advocation, some lawmakers strive to put their names on the crypto hot list among the likes of United States Senators Cynthia Lummis and Pat Toomey….
” IRS reminds taxpayers of crypto income reporting ahead of 2022 filing “ With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States federal tax laws — released a list of reporting requirements for the general public dealing with cryptocurrencies. Until…
” State senator pushes bill to make Bitcoin legal tender in Arizona “ Wendy Rogers, a state senator in Arizona, United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) a legal tender in Arizona. In a recent tweet, Rogers cited data from investment firm Goldman Sachs that BTC is…
” US institutions account for 85% of Bitcoin buying in ‘very positive sign’ — Matrixport “ Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% of Bitcoin buying being the result of American institutional players, according to Matrixport’s chief strategist. Markus Thielen, the head of research and…
” CFTC’s Johnson urges Congress for expanded powers in crypto oversight “ Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson has urged Congress to adopt legislation that “closes the current gap in the oversight of crypto spot markets.” During a speech at the digital assets conference at Duke University on Jan. 21, Johnson proposed a number…
” US Senator Ted Cruz pushes for crypto in Congress… using snacks “ Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food. Cruz introduced a concurrent resolution dated Jan. 25 that would only allow vending machine and…