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Chair of House Financial Services Committee Requests Halt on Facebook’s Crypto Project

Rep. Maxine Waters, chairwoman of the United States House of Representatives’ Financial Services Committee is requesting that Facebook halt development on its cryptocurrency, the Libra, as reported by CNN Tech Reporter Brian Fung in a series of tweets June 18.In her statement, Rep. Waters explained:“Given the company’s troubled past,

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‘Sell the House, Car and Kids. Buy Litecoin!’ CNBC Host Goes Crypto Crazy

By CCN: Crypto-mania has once again gripped mainstream financial outlets. CNBC’s Fast Money panel were beside themselves yesterday as they analyzed bitcoin and litecoin’s parabolic rise in recent months.The panel whooped and cheered at the mention of litecoin’s 400 percent price rise. The anchor ended the segment yelling:“Sell the house,

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Japanese Parliament Moves New Crypto Regulations to the Upper House

The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21.The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 According

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Michigan House of Representatives Votes to Include Cryptocurrencies in Criminal Laws

The Michigan House of Representatives has passed a bill, HB 4102, on April 9 that would include cryptocurrencies in criminal codes regarding illegal actions for financial gain.Michigan lawmakers have voted to introduce amendments to various sections of the Michigan Penal Code, specifying that cryptocurrency would be included in provisions

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Bitcoin Community Celebrates the Appointment of the New Pro-Crypto White House Chief

Photo: Gage Skidmore / FlickrLast week, the Trump administration appointed the new White House Chief of Staff Mick Mulvaney. President Donald Trump himself made the announcement of Mulvaney’s appointment on his official Twitter handle.I am pleased to announce that Mick Mulvaney, Director of the Office of Management & Budget, will

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