The Digital Commodity Exchange Act of 2020, which was proposed by a U.S. representative Thursday (Sept. 24), could put digital currency exchanges under one national structure, CoinDesk reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Origin unveiled a stablecoin for the Ethereum network dubbed the Origin Dollar (OUSD), according to a Medium post. The digital currency receives “competitive yields” from decentralized finance (DeFi) protocols without intervention as it stays in a user’s wallet. Get the Full Story Complete the form...
The CEO of a Virginia-based software firm claimed that the Federal Reserve’s easing of its inflation approach was a factor in his decision to convert the rest of the firm’s money to bitcoin, Bloomberg reported. Get the Full Story Complete the form to unlock this...
The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. 21) press release. Get...
A former contractor for the Australian government’s Commonwealth Scientific and Industrial Research Organization has been sentenced to 300 hours of community service after pleading guilty to using the agency’s supercomputers to mine cryptocurrency, according to CryptoNewsPipe.com. Get the Full Story Complete the form to unlock...
The Treasury Department has sanctioned two individuals from Russia for their alleged participation in a purported complicated phishing effort, according to a Wednesday (Sept. 16) press release. According to the release, the two people are also the subjects of an indictment that was made public...
India intends to propose legislation prohibiting digital currency trading, while other economies in Asia have opted to regulate the market, Bloomberg Qint reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Commodity Futures Trading Commission filed a complaint in a Texas U.S. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release. Get the Full Story Complete...
The United States may have some of the world’s best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue Service (IRS) is crowdsourcing at least part of its effort to beat the algorithms that cloak information about certain cryptocurrencies....
