Cryptocurrency Analysis and News Portal
The chief banker at the bank for central banks, Agustín Carstens, cast doubt on bitcoin’s long-term viability Wednesday, saying it was only a matter of time before a 51% attack brings down the world’s original cryptocurrency.Carstens’ comments, which he delivered to the Hoover Institute, underscored his belief that bitcoin fails
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“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said. Source
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Brian Brooks, who was named the temporary head of the Office of the Comptroller of the Currency (OCC) last summer, made the announcement official a day after he was rumored to be departing. His departure will come a day after the federal banking regulator granted crypto custodian Anchorage a conditional
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A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal
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It’s been a busy couple of weeks for Switzerland’s digital asset exchange, SDX.In chronological order (and pardoning the unavoidable alphabet soup): Last week SDX’s parent company, SIX, announced test results around the “feasibility” of wholesale central bank digital currencies (CBDCs), involving the Swiss National Bank (SNB) and Bank of International
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Acting Comptroller of the Currency Brian Brooks predicted a lineup of cryptocurrency banking and clarification actions will emerge from the Trump Administration during its final days.The chief national banking regulator was speaking on CNBC Squawk Box: “I don’t think we need 50 regulations, but what we do need is clarity
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100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Höptner as the new chief executive officer, effective in January 2021.This story is developing and will be updated when more information is available. Source
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U.S. intelligence chief John Ratcliffe was reportedly seeking clearer regulation around digital currency. Source
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Rick Rieder, CIO of Fixed Income at investment giant BlackRock, told CNBC that bitcoin and cryptocurrency are "here to stay." Source
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Anthony Albanese will become chief regulatory officer for the tech ventures giant in November. Source
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