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The Department of Justice to announces a crypto-focused ‘enforcement team’
The United States Deputy Attorney General Lisa Monaco announced two new Justice Department enforcement operations on Wednesday aimed at cryptocurrency and federal contractors that fail to…
Central Bank of Uruguay Outlines a Plan for Regulating Crypto
Uruguay's Central Bank has released a statement outlining a timeline for the near future regulation of cryptocurrency assets. The institution stated that it has formed a working group to…
PepsiCo’s CFO says Bitcoin is excessively volatile and speculative
Hugh Johnson, the chief financial officer and vice-chairman of the PepsiCo behemoth, stated in a recent interview with CNBC's Squawk Box anchors that he can't imagine his company purchasing…
Gensler assures the SEC will not ban crypto but Congress may
Representative Tom McHenry says Gary Gensler's SEC acted inconsistently in its pursuit of cryptocurrency. Gary Gensler, president of the United States The Securities and Exchange Commission…
Laos collaborates with Soramitsu to conduct research on a CBDC
Soramitsu, the company that assisted in the development of Cambodia's Bakong digital payment system, will collaborate with the Laotian government to do a study on the potential structure of…
U.S. Bank Introduces Bitcoin and Litecoin Custody Service
On Tuesday (October 5), it appears as though U.S. Bank National Association (a.k.a. "U.S. Bank"), the fifth-largest commercial bank in the United States based on the most recent Federal…
Bank of America said Bitcoin Is Important
Bank of America published research examining the current situation and future prospects of the cryptocurrency business, which has grown to the point of being "too big to ignore."
Bank of…
FASB To Change Bitcoin Accounting Standard
Hundreds of messages have been sent to the Financial Accounting Rules Board in response to MicroStrategy's request that US accounting standards be modified to accommodate businesses that…
IMF warns Crypto Investors
The International Monetary Fund (IMF) is warning investors that the cryptocurrency rise this year may jeopardize their monetary sustainability.
The IMF notes in a new blog post that,…
Gary Gensler Warns That The $2 Trillion Crypto Market Will Not Survive If It Is Not Regulated
The bitcoin market is becoming increasingly volatile. September saw a slew of bearish occurrences, which spurred numerous questions about whether the market will see effective regulation.
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