OCC chief calls for cooperation in cryptocurrency regulations

Blockchain and cryptocurrency, cryptocurrency fraud, fraud management and cybercrime The growing interest in trading trillion dollar cryptocurrencies presents security concerns Devon Warren-Kachelein (devawarren) • January 15, 2022 US Office of Currency Controller, Acting Chief Michael Hsu (Source: OCC.gov) US Office of the Currency Controller Acting Chief Michael Hsu spoke to the British American Business Transatlantic … Read more

The New York Mayor’s charisma courts cryptocurrency companies

The encouraging rhetoric from incoming New York City Mayor Eric Adams is a welcome sign for cryptocurrency-related companies looking to establish themselves there. – to be[IN]crypto Yet despite these positive signs, some are wondering whether it will have the power to enforce stricter regulations at the state level. Additionally, Adams faces competition from other American … Read more

Jared Kushner is a fan of bitcoin and cryptocurrencies, as Mnuchin’s emails show

Steven Mnuchin, US Treasury Secretary, from left, US President Donald Trump and Jared Kushner, White House Senior Advisor, listen during a bilateral meeting with Saad Hariri, Lebanese Prime Minister, not pictured, at the White House of Washington, DC Zach Gibson | Bloomberg | Getty Images New documents show that one of former President Donald Trump’s … Read more

Does Cryptocurrency Allocation Improve Your Wallet?

Cryptocurrencies have seen an exponential increase in interest ever since the Reserve Bank of India (RBI) ban was lifted in March 2020 (REUTERS)

Cryptocurrencies have seen an exponential rise in interest since the Reserve Bank of India (RBI) ban was lifted in March 2020, with Indian exchanges seeing an impressive addition of users and a sustained increase in trading volumes daily. For example, WazirX recorded a record trading volume of over $ 43 billion in 2021, the highest … Read more

How Professional Traders Are Changing the Cryptocurrency Market: “Market Structure is Evolving”

As cryptocurrency loses its stigma as nothing more than a convenient conduit for criminals and money launderers, banks have so far proceeded with caution. Goldman Sachs and JPMorgan are among the large banks that have engaged in trading cryptocurrencies – not cryptocurrencies per se, but futures contracts and other instruments – to reap the volatility … Read more

Crypto scams are “by far the biggest threat to investors,” regulators say

According to new data from the North American Securities Administrators Association (NASAA), investments related to cryptocurrencies and digital assets are “by far the biggest threat to investors.” “This year the stories of ‘crypto millionaires’ have attracted some investors to try their hand at investing in cryptocurrencies or cryptocurrency-related investments, and with them many stories have … Read more

7 stories of NFTs entering the realm of architecture

7 stories of NFTs entering the realm of architecture © TRAVEL divide divide Facebook Twitter Pinterest Whatsapp Mail or https://www.archdaily.com/974866/7-stories-about-nfts-entering-the-realm-of-architecture Over the past year, NFTs have entered the field of architecture, sparking discussions about the role of the profession in the future digital economy. From digital real estate design to exhibitions and architectural events exploring … Read more

Why do regulators care about cryptocurrency firm WazirX’s link to China?

On December 30, 2021, GST officials raided WazirX offices uncovering alleged tax evasion of ₹ 40.5 crore. Notably, Binance, the Chinese company that owns WazirX, is also being investigated by the US Department of Justice and the US Internal Revenue Service for money laundering and tax crimes. WazirX is a curious case for Indian authorities … Read more

Cryptocurrency Bloodbath: Bitcoin ETF Goes From Boom To Boom After Record US Debut

Photo: Bloomberg

The cryptocurrency slaughter has reworked a well-known Bitcoin ETF that launched essentially the most profitable debut ever in one of the many biggest losers for an issuer of its first two months of buying and selling. With a 30% drop, ProShares Bitcoin Strategy’s exchange-traded fund, ticker BITO, is now one of the 10 worst performers … Read more

Tesla owner mines bitcoin, ethereum with his car

Tesla owner Siraj Raval uses his Model 3 to mine cryptocurrencies. Siraj Raval Siraj Raval tried all possible ways to mine cryptocurrencies from his 2018 Tesla Model 3 He ran free bitcoin mining software on his Apple Mac mini M1 and powered the computer by plugging an inverter into the 12-volt power outlet located in … Read more