US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto

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A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.

Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

Litecoin's Lee: Bank Deal Might Lead to New Crypto Services

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Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation’s roles in the new acquisition of nearly 10 percent of a German bank. 

US Senators Discuss Crypto Threat to Domestic Elections

US Senators Discuss Crypto Threat to Domestic Elections

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DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

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The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also…