Congressman Sherman, who’s from California, made the remarks May 9 at a meeting of the House Financial Services Committee.
Sherman says the ban is necessary because crypto threatens to undermine the U.S. dollar and is only useful for criminal activities like money-laundering, drug-dealing, and tax evasion. Continue reading Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies
In a post published on its official blog on April 24, the New York-based blockchain firm announced that it is expanding monitoring tools and the scope of its Chainalysis Reactor and Chainalysis KYT (Know Your Transaction) analytics tools. Continue reading Crypto Detective Firm Chainalysis is Now Snooping into 10 Cryptocurrencies
ICE (Intercontinental Exchange), the parent company of the NYSE (New York Stock Exchange) has initiated a research unit for 58 cryptocurrency projects and 19 FIAT currencies. Continue reading Intercontinental Exchange (ICE) Released a List of its Favorite Cryptocurrencies
According to a spokesperson for Qassam Brigades Abu Obaida, the move was deemed necessary because Israel has been actively trying to close down all channels of financial support to the group. The Qatari government, one of the group’s strongest allies, has received emergency cash donations in light of these restrictions. Moving to Bitcoin will likely serve as a long-term solution for the group, in spite of the slightly more complicated onboarding process for first-time users. Continue reading Hamas Turns to Cryptocurrencies Amid Mounting Financial Scrutiny
While elaborating on his Analogy, he implied thus: “Think of how you can differentiate between the pocket calculator and smartphone, where a pocket calculator will do one thing, and it will do it well, but really, people want to do several other things. If you do own a smartphone, then you can have the pocket calculator as an app, you can have a music player as an app, you can have a web browser as an app, and almost everything else. Continue reading Legitimate Cryptocurrencies Are Resistant To Censorship