The US Treasury Department has added digital currencies to its list of sanctions on Russia’s government
Crypto transactions were likened to “deceptive or contrived transactions or deals” in an attempt to dodge US sanctions, according to Treasury Department rules. The Treasury Department and, according to reports, the White House have issued a warning to US-based businesses and people not to support crypto transactions addressed to specified Russian nationals and banks. U.S. […]
Despite market turbulence, crypto investment funds raise $36 million
As institutional investors re-accumulate, inflows into Bitcoin, Ethereum and other crypto investment products continue to climb. Last week, cryptocurrency investment funds saw a significant increase in inflows, indicating that institutional investors were still interested in digital assets despite the market’s extraordinary volatility. According to CoinShares data, digital asset investment products received $36 million in cumulative […]
The opening of Wall Street drives Bitcoin towards $40K as the latest BTC price spike approaches 6%
As Monday trading begins, signs that BTC price movement may provide investors with a much-needed silver lining intensify. As U.S. stocks began to a defining week for markets amid geopolitical tensions, Bitcoin (BTC) received a lift from the opening of Wall Street trading on February 28. Traders are looking for a BTC price above $40,000. […]
What the FBI crypto task force implies for the digital asset industry
An FBI crypto task force law enforcement operation is being consolidated to convey a clear message to the digital asset industry: it is time to comply. At the Munich Cyber Security Conference on Feb. 17, US Deputy Attorney General Lisa Monaco announced the launch of a new task force under the Federal Bureau of Investigation […]
NFTs simplified: What to know about digital tokens and how to get or sell them
People are going to start buying gifts again because the Easter season is around the corner. Read through this NFT simplified article to learn all you need to know. NFTs, or nonfungible tokens, are a new option for this season. These digital tokens linked to digital assets like a video highlight, a joke, or a […]