Justice Dept Looks to Develop ‘Cryptocurrency Strategy’

Over the past few months, the U.S. government and its special agencies have been ramping up their efforts to try to regulate bitcoin and digital currencies. This week the Justice Department’s Deputy Attorney General Rod Rosenstein spoke about cryptocurrencies at the Financial Services Roundtable this Monday in Washington, DC. Also read: Sixth Grader Writes a 57-Page … Read more

Sixth Grader Writes a 57-Page Book About Bitcoin

An 11-year old named Andrew Courey from Massachusetts just published a book on bitcoin so the younger generation can grasp this emerging technology that’s been sweeping the globe. The sixth-grader considers himself an expert on bitcoin, and his 57-page book describes cryptocurrencies in a way his peers can understand. Also read: People Who Don’t Understand Cryptocurrency … Read more

A Review of the Swiss-Made Digital Bitbox Hardware Wallet

During the Anarchapulco event last week I had purchased a Digital Bitbox hardware wallet. I’ve tested and reviewed a variety of popular hardware wallets over the years and decided to experiment with the Bitbox platform so our readers can get an idea of what this product has to offer. Also read: Venezuelan Government Opens School to … Read more

Transaction Batching: Good for Fees, Bad for Privacy

Over the past few weeks, many people have noticed that bitcoin core network fees and transactions times have been a lot better than two months ago when fees reached highs of 1,000 satoshis per byte or $30-40 per transaction. Many people are wondering why these issues have subsided, and some people believe it is due … Read more

Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges

Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police … Read more

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, … Read more

Bitcoin Is Finding Its Way into High Schools

Over the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance … Read more

Oregon’s Cheap Hydropower Attracts a Swarm of Bitcoin Miners

Over the past few months, quite a few bitcoin miners have been flocking to regions in North America in places such as Vancouver, and multiple states in the U.S. throughout the Midwest. Now, according to the state of Oregon’s regional press, miners are starting operations in the area because of concentrations of cheap hydropower. Also … Read more

PR: US Fintech Expert From Prudential Financial Launches Cryptocurrency – Backed Lending Startup Money Token

Alex Rass, blockchain expert and enthusiast with a history of Fintech experience gained at Prudential Financial, Bloomberg and Goldman Sachs has launched a blockchain based financial services ecosystem called MoneyToken. MoneyToken focused on cryptocurrency-backed lending, stablecoins development and crypto assets leveraging. Its innovative economic model allows you to hold onto your cryptocurrency assets and spend … Read more

California Bill Aims to Recognize Blockchain Records

The state of California has introduced a new bill that aims to recognize blockchain transactions, digital signatures, and smart contracts as a legal form of record. Assemblyman Ian Calderon introduced Assembly Bill 2658 on February 20 in order to re-define laws that apply to electronic records that take place within the state.   Also read: Indians … Read more