• Powell Digital dollar high priority
    Cryptocurrencies,  Politics,  Regulation

    Fed’s Powell: 2021 ‘an important year’ for digital dollar

    Federal Reserve Chairman Jerome Powell said 2021 will be a key year for the U.S. as it decides whether to create a digital currency, and what it would look like

    Speaking before the House Financial Services Committee on Feb. 24, Powell said 2021 “is going to be the year that we engage with the public pretty actively” on the digital dollar project. He added that there are still significant technical challenges to be met, as well as major policy decisions to be made, before the U.S. decides to create a digital dollar.

  • Yellen confirmed Treasury Secretary
    Cryptocurrencies,  People,  Politics,  Regulation

    Janet Yellen confirmed as Treasury Secretary

    While her top financial regulators have strong pro-crypto backgrounds, Quantum Economics’ Mati Greenspan fears that Yellen’s collaboration with international regulators could ‘have very harsh consequences for all of crypto’

    Last week, Yellen calmed some fears that arose after she said in her Jan. 21 testimony before the Senate Finance Committee that she wanted to “curtail” the “malign activities” that for which digital assets have been used.

  • adblock,  Bitcoin,  Regulation

    Crypto-trolling financial adviser relishes outrage after calling for U.K. Bitcoin ban

    Financial adviser Neil Liversidge says he isn’t bothered that his petition has received just 111 of the necessary 100,000 signatures. He just wants to cripple criminals—and drive ‘Bitcoin people…berserk’

    A financial adviser who has launched a petition urging the U.K. government to ban Bitcoin transactions has told Modern Consensus: “I want to crash crypto.”

  • Bitcoin fund Capitol riots
    Bitcoin,  Politics

    Chainalysis asks: Did Bitcoin fund the Capitol riots?

    The leading blockchain intelligence firm found $500,000 in Bitcoin transferred to key alt-right members a month before followers stormed the halls of Congress

    A month before a mob stormed the U.S. Capitol building on Jan. 6, an extremist sent $522,000 in bitcoin to nearly two dozen far-right leaders, including white nationalist streamer Nick Fuentes and the Daily Stormer, a Neo-Nazi website, according to blockchain intelligence firm Chainalysis.