SEC fines DCG, Genesis $38M each for misleading investors

On Friday, the U.S. Securities and Exchange Commission announced enforcement actions against Digital Currency Group and its subsidiary Genesis. The SEC cited violations of securities laws. SEC imposed penalties and took legal action against DCG...

Coinbase Launches Bitcoin-backed Loan Services for U.S. Users

Coinbase, the cryptocurrency exchange in the United States, relaunched Bitcoin backed loans on Thursday. Users can now borrow using their Bitcoin holdings. Coinbase is expanding its services to keep up with the changing crypto regulatory...

Trump to Issue Pro Crypto Executive Orders, including National Bitcoin Stockpile : Report

Donald Trump, the US president-elect, is reportedly planning to issue an executive directive promoting cryptos. Sources close to the issue told Bloomberg that he is also considering creating a federal store of Bitcoin. Sources said that the...

Coinbase Launches Bitcoin-backed Loan Services for U.S. Users

Coinbase, the cryptocurrency exchange in the United States, relaunched Bitcoin backed loans on Thursday. Users can now borrow using their Bitcoin holdings. Coinbase is expanding its services to keep up with the changing crypto regulatory...

U.S. SEC to Review Cryptocurrency Cases After Trump Takes Office: Reuters

Reuters reported on Wednesday that the U.S. Securities and Exchange Commission has indicated plans to reassess cryptocurrency policies, as Donald Trump prepares for his inauguration next week. Hester Peirce, a Republican SEC commissioner, and Mark...

Japan’s Remixpoint Completes $3.2 Million Bitcoin Purchase

Remixpoint, a former crypto-exchange operator and Bitcoin (BTC buyer, completed a $3.2 Million purchase. According to the Japanese media outlet Copost Remixpoint announced last week that they had purchased "additional Bitcoin" "worth 500,000,000 yen." Remixpoint Bitcoin Buying Continues The company announced that it...

Trump is expected to sign executive orders on crypto de-banking policies on the first day: Report

The cryptocurrency industry could be affected by the executive actions taken by Donald Trump on his first day as president. According to a report The Washington Post published on Jan. 13, Trump will prioritize executive orders that...

JPMorgan CEO Jamie Dimon Compares Bitcoin to Smoking

Jamie Dimon, CEO of JPMorgan Chase & Co., has criticised Bitcoin once again. He claims that it is a currency with no intrinsic value. It's also often abused by bad actors. He also compared Bitcoin...