United States Bans Crypto Owners From Working On Government Cryptocurrency Policies
In a new legal notice, the US Office of Government Ethics says that any employee who owns cryptocurrency can’t work on Federal rules about crypto. Cryptocurrency owners working with the US government are now barred from working on rules and policies that could affect the value of cryptocurrency. According to a new advisory notice issued […]
The United States And European Union Increase Measures Against Russia Using Crypto Assets To Evade Economic Sanctions
The United Kingdom regulators stated that “using crypto assets to evade sanctions is a criminal offense.” Crypto assets usage to evade sanctions in foreign nations by Vladimir Putin’s associates has suffered another blow following the US and the EU announcement which is aimed at Russia’s economy and wealthy individuals. In reaction to President Vladimir Putin’s […]
Bitcoin does not appear to be an inflation hedge at this time, According to Chainalysis
Many investors, despite the lack of a statistically significant association between inflation and Bitcoin values, continue to view the asset in this manner. According to data from the blockchain analytics firm Chainalysis , Bitcoin (BTC) may not be the inflation hedge that many people perceive it to be at this time. According to Chainalysis‘ head […]
Coinbase abandons plans for crypto lending product after scuffle with SEC
In its decision to withdraw its Lend product from the market after scuffle with SEC, the Coinbase alluded to the difficulty in obtaining regulatory certainty across the cryptocurrency industry. Coinbase , a cryptocurrency exchange based in the United States, has stated that it will not be continuing with its Lend crypto lending service. Coinbase explained […]
Mechanicville starts mining Bitcoin Partially
The oldest hydropower plant in the United States, Mechanicville, starts mining Bitcoin as this they say pays them three times as much as providing electricity. After starting Bitcoin mining, the historic Mechanicville hydro plant, which was erected in 1897, became a legendary landmark in the history of sustainable energy. Due to outdated equipment, the hydro […]