Montenegro’s interior minister, Filip Adzic, revealed in a tweet that crypto fugitive Do Kwon was arrested in Montenegro with falsified documents.
Marshall Beard, the Chief Strategy Officer at the U.S.-headquartered cryptocurrency exchange Gemini, said that Bitcoin could test new highs this year and reach $100,000.
A crypto exchange has suspended trading of cryptocurrencies dedicated to New York City and Miami, citing limited liquidity for the tokens.
Hal Finney predicted that bitcoin could become the global dominant payment system at $10 million per coin (Finney’s calculation would be closer to $40 million today), so it’s not too late to start using bitcoin.
Due to the growth of Bitcoin, several U.S. cities have emerged as hotspots for bitcoin enthusiasts; these are the five best.
The finance ministry today announced that cryptocurrency transactions would now come under the ambit of money laundering provisions. In a notification, the government said that participation in transactions involving virtual digital assets would be under the Prevention of Money Laundering Act (PMLA). The move is the latest step taken by
Late last year, as crypto markets were struggling to regain their footing, the world’s biggest cryptocurrency exchange quietly moved $1.8 billion of collateral meant to back its customers’ stablecoins, putting the assets to other undisclosed uses. They did this without informing their customers. According to blockchain data examined by Forbes,
A report from the International Monetary Fund (IMF) in September 2022, co-authored by BIS Chief Carstens, identifies three shortcomings that preclude cryptocurrencies from serving as a “sound basis for the monetary system,” which shows how fiat money has won the battle against cryptocurrencies.
The original Treasury report released in September 2022 described the formation of a CBDC working group, and now they are discussing potential routes for the digital dollar.