Bitcoin Miners Under Siege: House GOP Leader Exposes Biden Administration’s Alleged Overreach | Bitcoinist.com

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Bitcoin, Bitcoin Mining, bitcoin mining community, Bitcoin News, bitcoin price, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto, US crypto miners, US crypto regulation

According to a recent report by Fox journalist Eleanor Terret, House Majority Whip Tom Emmer has accused the Biden administration of abusing its power to “unfairly” target Bitcoin (BTC) miners within the cryptocurrency industry.  Emmer’s concerns stem from the approval of an emergency request by the Office of Management and Budget (OMB) for 82 Bitcoin […]

Japan Embraces Crypto: Investment Funds Given Green Light To Hold Digital Assets | Bitcoinist.com

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According to a Bloomberg report, Japan is progressing towards enabling venture capital firms and other investment funds to hold crypto assets directly. Prime Minister Fumio Kishida’s administration has agreed to submit a revised bill to implement this change, marking a significant development in the country’s approach to cryptocurrencies. Prime Minister Kishida Backs Crypto Integration Per […]

Lack Of Disclosure Costs VanEck Almost $2 Million Fine In SEC’s ETF Investigation | Bitcoinist.com

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In a recent development, VanEck, a registered investment adviser and issuer of Bitcoin Exchange Traded Funds (ETFs), has settled with the US Securities and Exchange Commission (SEC).  The company has agreed to pay a civil penalty of $1.75 million to settle charges related to its failure to disclose the involvement of a social media influencer […]

Elizabeth Warren’s Flag For Satoshi: A Meme Or Crypto Olive Branch? | Bitcoinist.com

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On February 15, an unconfirmed report circulated in the crypto community, suggesting that outspoken crypto critic and US Senator Elizabeth Warren had honored Bitcoin founder Satoshi Nakamoto with a ceremonial US flag. However, that wasn’t the case, as more context has been provided regarding what happened.  Warren Didn’t Exactly Honor Nakamoto As highlighted by an […]

Digitex Futures Exchange CEO Faces Criminal Charges, Potential 5-Year Sentence | Bitcoinist.com

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Adam Colin Todd, the CEO of Digitex Futures Exchange (DGTX), is facing federal charges for alleged compliance failures, including violating the Bank Secrecy Act, according to an announcement by the US Department of Justice (DOJ).  The charges stem from Todd’s purported failure to establish and implement an anti-money laundering (AML) program at Digitex Futures. The […]

Bitcoin’s Alleged Ransomware Dominance Alarms SEC Chair Gary Gensler As BTC Price Hits $52,000 | Bitcoinist.com

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In a recent interview with CNBC, Gary Gensler, the US Securities and Exchange Commission (SEC) Chair, reiterated his concerns about the alleged involvement of Bitcoin (BTC) in ransomware attacks.  Bitcoin Disapproval Continues Despite the significant success of Bitcoin exchange-traded funds (ETFs) within just one month of trading, which has played a pivotal role in driving […]

Russian Central Bank Identifies Crypto Link In “Almost All” Financial Scams Detected In 2023 | Bitcoinist.com

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The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared to the previous year, reaching 5,735 identified cases. Online Scams Skyrocket As Crypto Takes Center Stage The report highlights […]

Dark Twist In Digital Currency Group Case: NYAG Pursues $3 Billion Restitution | Bitcoinist.com

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New York Attorney General Letitia James has expanded the state’s lawsuit against Digital Currency Group (DCG) and tripled the estimated size of alleged fraud to more than $3 billion.  Digital Currency Group Accused Of Defrauding Investors The amended complaint, filed by Attorney General James, accuses Digital Currency Group, DCG’s CEO Barry Silbert, and the bankrupt […]

Cardano-Backed SingularityNET Sets Up Shop In Switzerland’s Zug For AI Advancements | Bitcoinist.com

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SingularityNET (SNET), a decentralized artificial intelligence (AI) marketplace powered by the Cardano (ADA) network, has recently established its foundation in Switzerland, specifically in Geneva, within the renowned “Crypto Valley” in Zug. SingularityNET Joins Switzerland’s Crypto Valley According to the company’s announcement, this move aims to catalyze the development of new use cases within the ecosystem, […]

Crypto Investment Scam: Kansas Banker Arrested For Embezzling $47 Million In Funds | Bitcoinist.com

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According to a Bloomberg report, the former chief executive officer of a Kansas bank has been charged with embezzling $47.1 million from the institution to purchase crypto assets.  The Heartland Tri-State Bank’s failure has shaken the tight-knit community of Elkhart, as investors face significant losses. Shan Hanes, who previously held leadership roles at the Kansas […]

Extradition Denied: Do Kwon Escapes US Jurisdiction As Montenegro Decision Announced | Bitcoinist.com

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In a significant turn of events, Do Kwon, the founder of Terraform Labs, has once again evaded extradition to the United States as the Montenegro government reversed its decision.  The US Securities and Exchange Commission (SEC) had been pushing for charges against Kwon, with March 25th being the deadline for the Montenegro government to take […]

Kraken Unveils Secret Weapon In European Expansion: Dutch Approval Unlocked | Bitcoinist.com

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Bitcoin, btc, BTCUSDT, Crypto, Crypto europe, crypto exchange, Crypto News, Crypto regulation

Crypto exchange Kraken, one of the largest in the world, is moving forward with its plan to expand to new territory. A recent decision by Dutch regulatory bodies will accelerate this process.  BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on Tradingview Kraken Advances in Europe: Secures Dutch VASP Registration According […]