Cryptocurrency Analysis and News Portal
In a court case hearing involving the use of Bitcoin for transferring funds for illicit activities of drug trafficking, the District Court of Colombia has considered Bitcoin and cryptocurrencies as “money”.On Friday, July 24, a Federal Court announced that the world’s largest cryptocurrency Bitcoin gets the status of “money” under
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A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D.C., Money Transmitters Act (MTA).The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform.In December 2019,
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A recent Washington D.C. court case saw a man prosecuted on multiple counts for running a Bitcoin (BTC) tumbler — a method of hiding Bitcoin transactions.The court charged the defendant on three counts back in December 2019, including operating an unlicensed money transmitting business, as a July 24 court document
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Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday. Update (July 24, 17:13 UTC): This article has been updated with a comment from Coin Center.Update (July 24, 17:29 UTC): This article has been updated with background information on U.S. v. Harmon. DisclosureThe leader in
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Which one is the centrally managed police state? Which one is the pro-innovation jurisdiction embracing open-source technologies and decentralized governance networks? OK. I’m being a tad facetious. The reality is Chinese President Xi Jinping has severely concentrated power. In general, his government, with its Hong Kong crackdown and Uighur detention camps,
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The OCC will allow banks to custody crypto, Visa has a digital currency playbook and a digital dollar is essential to America’s economic edge, said experts at a U.S. Senate hearing. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant.
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U.S. government spending may lead to upward Bitcoin (BTC) prices, according to Gemini crypto exchange co-founder and CEO, Tyler Winklevoss. "The Fed continues to set the stage for bitcoin's next bull run," Winklevoss said in a July 22 tweet, which included an article link on the government agency's discussions of further
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No, blockchain does not fix this. By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack. I mean the meta problem of yet more bad publicity, with the word “bitcoin” again associated with fraud and unsavory behavior, a picture that
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There are still 14 victims of the massive Twitter hack that could still get their Bitcoin back.These victims sent some Bitcoin to a hacker address, but their transactions are still unconfirmed on the Bitcoin network. They are currently hanging in limbo, or Bitcoin mempool. These transactions seem to be unconfirmed
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As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. **The following essay was written by
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