Mar 09 Biden signs order for government oversight of cryptocurrency By Fatima Hussein, Associated Press The executive order had been widely anticipated by the finance industry and others who have compared the cryptocurrency market with the Wild West. Continue reading
Feb 09 WATCH: Senate Agriculture committee hearing on risks and regulations in digital assets By News Desk The Senate Agriculture committee held a hearing Wednesday on risks, innovation and regulations in digital assets. Continue reading
Feb 08 Justice Department announces seizure of $3.6 billion in laundered cryptocurrency, 2 arrests By Eric Tucker, Associated Press The Justice Department has announced its largest-ever financial seizure — more than $3.5 billion — and the arrests of a New York couple accused of conspiring to launder billions of dollars in cryptocurrency. Continue reading
Jun 09 El Salvador makes Bitcoin legal tender By Marcos Aleman, Associated Press The digital currency will be able to be used in any transaction and any business will have to accept payment in Bitcoin, with the exception of those lacking the technology to do so. Continue reading
Mar 12 Watch 6:25 Record-breaking sale of digital creation makes history in art and cryptocurrency markets By Jeffrey Brown, Jaywon Choe Christie’s, the auction house, sold a work of art Thursday for a record-breaking $69.3 million for a piece that exists only digitally. The sale, reportedly made to an investor known by a pseudonym, is seen by many as history-making development… Continue watching
Feb 16 Bitcoin crosses $50,000 price for first time By Matt Ott, Associated Press The same Bitcoin just one year ago would have cost $10,000. The price is up almost 200% in the last three months alone. Continue reading
Aug 13 U.S. seizes digital currency accounts used by militant groups By Eric Tucker, Associated Press The Justice Department has seized millions of dollars from cryptocurrency accounts used by militant organizations based abroad, including the Islamic State group and al-Qaida. Officials are describing it as the largest-ever seizure of digital currency funds related to terrorism. Continue reading
Oct 23 Watch 10:33 Lawmakers grill Zuckerberg on cryptocurrency, false claims in political ads By Courtney Norris Facebook CEO Mark Zuckerberg arrived on Capitol Hill Wednesday ostensibly to advocate for his company’s proposed new cryptocurrency, Libra -- but he faced intense scrutiny from lawmakers on multiple fronts. Facebook's controversial position of allowing false claims in political ads… Continue watching
Oct 23 WATCH: Zuckerberg testifies about Facebook’s cryptocurrency on Capitol Hill By Marcy Gordon, Associated Press Facebook CEO Mark Zuckerberg aims to reassure Congress on Wednesday that his company won't try to evade financial regulators as it prepares its planned digital currency Libra. Continue reading
Jun 18 Facebook plans to create its own currency for users By Rachel Lerman, Associated Press The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more e-commerce on its services and boost ads on its platforms. But that move isn't likely… Continue reading