The article said Ratcliffe’s letter represented “a push by President Trump's spy chief to convince the SEC to implement rules that make it easier for U.S.-owned cryptocurrency companies to compete against those based in and controlled by China.”
The Dec. 1 fundraising campaign aims to “recreate the magic” of the 2017 Pineapple Fund, and is greatly aided by the fact that the number of charities and nonprofits accepting donations directly in BTC has jumped 10 time since 2019, from 12 to more than 120. That includes some big-name charities, including Save the Children, No Kid Hungry and The American Cancer Society.
Along with cryptocurrency exchanges and financial firms, Chainalysis' bitcoin and cryptocurrency tracking tool have been used by law enforcement agencies including the FBI, IRS, and U.S. Department of Homeland Security in a number of high-profile cases, including the closure of the largest-ever child pornography ring, “Welcome to Video.” Other cases included operations targeting bitcoin fundraising by terrorist groups Al-Qaeda and Hamas.
Targeting one of the cryptocurrencies biggest complaints, the Office of the Comptroller of the Currency proposed a rule on Nov. 20 that would require banks to “provide access to services, capital, and credit based on the risk assessment of individual customers, rather than broad-based decisions affecting whole categories or classes of customers.”
