Bitcoin

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

BofA: Crypto Sentiment ‘Remains Poor’ Following SEC Actions
BofA: Crypto Sentiment ‘Remains Poor’ Following SEC Actions
June 19, 2023  |  Cryptocurrency

Recent regulatory action against the cryptocurrency sector continues to pressure token prices. That’s according to recent research by Bank of America, which — as CoinDesk...

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Binance Exits Holland and Faces Money Laundering Probe in France
Binance Exits Holland and Faces Money Laundering Probe in France
June 16, 2023  |  Cryptocurrency

Embattled cryptocurrency exchange Binance is reportedly the target of a money laundering probe in France. According to multiple published reports Friday (June 16), including one...

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Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
June 15, 2023  |  Legal

Federal prosecutors have agreed to withdraw several charges against FTX founder Sam Bankman-Fried. The decision — announced in a letter to U.S. District Judge Lewis...

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Just 6.4% of Bitcoins on Exchanges Amid SEC Crackdown
Just 6.4% of Bitcoins on Exchanges Amid SEC Crackdown
June 14, 2023  |  Cryptocurrency

Bitcoin’s supply on cryptocurrency exchanges has reportedly hit a five-year low. That’s according to market intelligence platform Santiment, which said Tuesday (June 13) on Twitter that...

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Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
June 13, 2023  |  Cryptocurrency

When it comes to cryptocurrency in America, the pressure is on for lawmakers in part because the pressure is already stifling for digital asset firms...

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Circle Appoints Former CFTC Chair Heath Tarbert New Legal Chief
Circle Appoints Former CFTC Chair Heath Tarbert New Legal Chief
June 08, 2023  |  Personnel

USDC-issuer Circle has named a former regulator as its new chief legal officer. Heath Tarbert, one-time chairman of the Commodity Futures Trading Commission (CFTC), will...

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Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
Commonwealth Bank of Australia Begins Restricting Payments to Crypto Exchanges
June 08, 2023  |  Cryptocurrency

Commonwealth Bank of Australia has started declining or holding for 24 hours certain payments to cryptocurrency exchanges. Within months, the bank will also begin limiting customer...

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SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
June 08, 2023  |  Cryptocurrency

Binance used two U.S. banks to move billions of dollars around the globe, according to the Securities and Exchange Commission (SEC). The cryptocurrency exchange transferred almost $70 billion...

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Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better...

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