Wednesday, December 18, 2024
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Lawmakers Urge Mnuchin to End Rumored Wallet Rules

Four U.S. lawmakers want Treasury Secretary Steven Mnuchin to rethink his rumored crypto wallet regulations.Reps. Warren Davidson (R-Ohio), Tom Emmer (R-Minn.), Ted Budd (R-N.C.) and Scott Perry (R-Penn.) sent a letter to Mnuchin Wednesday, “expressing our concern” about rumored self-hosted wallet regulations that the Secretary apparently intends to implement in

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Bitmain Earned Over $300 Million in 2020 Despite Rumored Problems

Chinese cryptocurrency hardware manufacturer, Bitmain, made over $300 million in profit in the first four months of 2020. This news comes despite the COVID-19 outbreak and recent rumours about in-house problems, a recent report suggests.Bitmain allegedly earns over $300 million, rewards employees with massive bonusesAccording to the industry blog, Wu

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Starbucks and McDonald’s Rumored to Be Testing China’s Digital Currency

Rumors are surfacing of an upcoming real-world test of the proposed Chinese digital yuan currency. According to Chinese publication Interchain Pulse, a promotion conference was held on April 22 in the city of Xiong’an, located close to Beijing.Government agencies, digital currency developers and merchants participating in the upcoming pilot were

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