How would a US recession affect Bitcoin?

Appearing on NBC’s “Today” show this morning, US Federal Reserve Chairman Jerome Powell said, “We may well be in a recession.” He ascribed the country’s economic downturn to the coronavirus, the global pandemic that has infected over half a million people and has billions on lockdown.  As the coronavirus started Read more…

Another nail in the coffin for SAFT?

A ruling Tuesday against Telegram may be the death knell for SAFT—the “simple agreement for future tokens”—a once popular idea for launching an initial coin offering. That’s according to what Gary Gensler, former Commodity Futures Trading Commission chairman, told Decrypt Wednesday. In a wide-ranging interview, Gensler, who now lectures at Read more…

Venezuelan President Nicolas Maduro Accused of Using Cryptocurrency for Drug Trafficking

Today, March 26th, the United States Department of Justice directly accuses Venezuela’s president Nicolás Maduro Moros, and 14 Venezuelan Officials including Joselit Ramirez Camacho, Venezuela’s Superintendent of cryptocurrency, of Narco-Terrorism, Corruption, Drug Trafficking, and Other Criminal Charges. U.S. Attorney General William P. Barr announced a series of direct charges against Read more…

US DOJ Alleges Venezuelan President Maduro Used Cryptocurrency To Cover Drug Operations

The U.S. Department of Justice has charged the Venezuelan President Nicolas Maduro, as well as numerous current and former country officials with drug dealing operations. The perpetrators allegedly flooded the streets of the U.S. with illegal substances and used cryptocurrencies to conceal the transactions. DOJ Charges Venezuelan President Maduro According Read more…

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