Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding

Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More FundingThe U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury Department explained. Treasury Says Crypto Threatens Efficacy of U.S. Sanctions […]

Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency Acquisition

Chainalysis Adds Bitcoin to Balance Sheet — Its First Cryptocurrency AcquisitionBlockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency Blockchain data analytics firm Chainalysis announced Tuesday the addition of bitcoin to its balance sheet. Chainalysis will […]

Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball

Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball LeaguesCryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball. NBA’s First Cryptocurrency Platform Partnership The Nasdaq-listed cryptocurrency exchange Coinbase and the National Basketball Association (NBA) […]

Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies

Hindu Paramilitary Group Calls on Indian Government to Regulate CryptocurrenciesHindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls for Crypto Regulation Mohan Bhagwat, head of the Rashtriya Swayamsevak Sangh (RSS), said during his […]

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers

Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment […]

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

NY Attorney General Going After 5 Crypto Lending Platforms: Orders 2 to Shut DownNew York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the two platforms are Nexo and Celsius Network. New York Cracks Down on Unregistered Crypto […]

‘Big Short’ Investor Michael Burry Not Shorting Bitcoin, Warns ‘Cryptocurrencies Are in a Bubble’

'Big Short' Investor Michael Burry Not Shorting Bitcoin, Warns 'Cryptocurrencies Are in a Bubble'Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has confirmed that he has not been shorting cryptocurrencies, including bitcoin, despite speculations that he may have. His confirmation came after he recently asked how to short crypto. Michael Burry Says He Is Not Shorting Cryptocurrencies Famous investor and founder of private investment […]