Tuesday, April 30, 2024
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US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) is preparing to unveil new regulations around cryptocurrencies, Treasury Secretary Steven Mnuchin said Wednesday.Speaking during a hearing before the Senate Finance Committee, Mnuchin said FinCEN, the nation's financial crimes watchdog, is preparing to roll out some "significant new requirements" around cryptocurrencies,

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Biggest Bull Is Preparing for Bitcoin to Skyrocket Despite Recent Crash

Bitcoin’s price action has been bearish as of late.Nevertheless, the biggest bull in Crypto Twitter sees a reversal in the horizon.Other traders do not share an optimistic outlook and bet on a bitcoin plummet to $6,000 levels.To say that crypto enthusiasts have turned bearish on bitcoin would be an understatement.

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