• Ratcliffe SEC investigate Chinese control crypto
    Bitcoin,  Cryptocurrencies,  Ethereum,  Politics,  Regulation,  Ripple

    U.S. intelligence head asked SEC to investigate Chinese control over crypto: Report

    The Washington Examiner reports that Director of National Intelligence John Ratcliffe asked SEC Chairman Jay Clayton to investigate the control China’s mining dominance gives it over cryptocurrency

    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 Giving Block crypto donation
    Bitcoin,  Cryptocurrencies,  People

    Make Bitcoin Tuesday a time for giving

    Crypto donation firm The Giving Block is launching a new donations campaign on Dec. 1

    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.

  • Chainalysis goes unicorn
    Cryptocurrencies,  Regulation

    Chainalysis goes unicorn

    The blockchain intelligence firm’s latest fundraising round valued it north of the VC magic number: $1 billion

    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.

  • OCC banks cannot discriminate crypto
    Cryptocurrencies,  Politics,  Regulation

    Treasury Dept says banks cannot discriminate against industries like crypto

    Acting Comptroller of the Currency Brian Brooks, a former Coinbase executive, issued another ruling aiding cryptocurrency companies

    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.”

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