A brief history of US crypto sanctions
The Block has assembled a timeline of OFAC sanctions on crypto wallets, settlements with crypto firms, and general guidance to crypto operators, going back to 2018. The post A brief history of US crypto sanctions appeared first on The Block.
Cambridge Centre for Alternative Finance unveils new digital asset research program
The Cambridge Centre for Alternative Finance (CCAF) launched a research program centered around digital assets in partnership with big names like Goldman Sachs, EY, Visa and Accenture. The post Cambridge Centre for Alternative Finance unveils new digital asset research program appeared first on The Block.
Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading
Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets. Denmark’s Largest Bank Clarifies Its Stance on Cryptocurrencies Responding to mounting inquiries from customers and […]
White House Tech Advisor Tim Wu Keeps at Least $1 Million in Bitcoin
Tim Wu, top advisor to the Biden administration on technology and competition policy, holds more than $1 million in cryptocurrency, shows a recently filed financial disclosure. The antitrust expert, who is known as a prominent big tech critic, has in the past questioned the value of bitcoin. Top Biden Advisor Tim Wu Is a Bitcoin […]
Google Adjusts Crypto Ad Policy
Search engine turned tech behemoth Google is adjusting it’s advertisement policy around cryptocurrency wallet and exchange services, according to a web announcement from the company today. Changes are set to take effect in August. Let’s take a look at the brass tax around the new policy, and how it differs from Google’s stance over the […]
A Washington DC insider lays out her vision for the bitcoin market’s first self-regulatory organization
The Block's Frank Chaparro speaks with Michelle Bond, CEO of the Association for Digital Assets Markets. The post A Washington DC insider lays out her vision for the bitcoin market’s first self-regulatory organization appeared first on The Block.
FinCEN is now interested in offshore crypto holdings, proposes new regulation
Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations. The United States Financial Crimes Enforcement Network, or FinCEN, issued a brief note on Dec. 31, announcing its intention to propose a change in the Bank Secrecy Act, regarding reporting of foreign financial accounts holding digital currency. Currently, digital assets are not covered by the Foreign Bank and Financial Accounts, or FBAR, regulations.However, the noti