Bitcoin News and Finance: What You Need to Know

The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the war in Ukraine. Ireland to Limit Foreign Political Support for Its Parties, Including Crypto Donations The executive power in Dublin is drafting new political integrity rules to limit foreign political donations amid fears that Russia might try to influence Ireland’s electoral process. The stricter regulations are meant to prevent Irish parties from accepting donations through cryptocurrencies and oblige them to fully reveal their properties. A report by the Irish daily Independent describes the changes as a significant shake-up of the country’s electoral legislation, which will grant the Electoral Commission powers to issue take-down notices to social media platforms and alerts of online misinform...

The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office of Investigations. “What we want to do is to track that as quickly as we can, aggressively as we can, in a linear fashion.” US Secret Service Seizes Cryptocurrency Worth $102 Million A senior executive with the U.S. Secret Service, David M. Smith, talked about cryptocurrency in an interview with CNBC, published Tuesday. Smith is a senior executive and special agent currently serving as the 28th Assistant Director of the U.S. Secret Service Office of Investigations, where he leads the agency’s global investigative mission, comprising 161 offices and over 3,000 employees. The Secret Service is responsible for detecting, investigating, and arresting any person who violates certain laws related to financial sys...

A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has not kept pace in ensuring this novel form of currency is not used to the detriment of U.S. national security,” he said. Congressman McCaul Wants a ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions A senior member of the House Foreign Affairs Committee, U.S. Representative Michael McCaul (R-TX), has made a number of efforts to prevent cryptocurrency’s use to evade U.S. sanctions. He issued a statement Thursday urging the Biden Administration to create a “robust strategy” to stop crypto from being used to circumvent sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has not kept pace in ensuring this novel form of currency ...

Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.” Robinhood Acquiring Regulated Crypto Firm Ziglu Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to acquire a regulated cryptocurrency firm Ziglu. Citing its mission to “democratize finance for all,” Robinhood emphasized, “That’s why earlier this year, we announced that we’ve set aggressive goals to start opening our crypto platform up to customers internationally.” The Nasdaq-listed trading platform added: As we look to expand internationally, we’re excited to announce that we’ve signed a deal to acquire Ziglu Limited, a UK-based electronic money institution and cryptoasset firm. The deal is “subject to regulatory approvals and other customary closing conditions,” ...

PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/ USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are going to have various campaigns to celebrate the trading pair listing. Know more details. Please check the CAMPAIGN page on KuCoin! About KuCoin KuCoin is a cryptocurrency exchange established in 2017 and located in Hong Kong. KuCoin has a large selection of crypto assets that are only listed on KuCoin and are very popular worldwide. Due to 2022-4-14, it ranks 5th trading volume in the world. About GensoKishi Online GensoKishi Online Metaworld is a GameFi and metaverse incarnation of the award-winning Nintendo Switch/PS4 game “Elemental Knights”. The iconic game has a 14 years history and has accumulated a total of 8 million downloads worldwide. It already has a 3DMMORPG game with active users, with a fully-functioning 3D metaverse, that simultaneously connects users from aro...

The internet entrepreneur and former CEO of Twitter, Jack Dorsey, claims if developers are building on Ethereum they have “at least one, if not many, single points of failure.” The statement was in response to Vitalik Buterin’s commentary concerning Elon Musk running Twitter. Former Twitter CEO Criticizes Projects Building on Ethereum Jack Dorsey doesn’t seem to be interested in anything to do with the Ethereum network, and last Friday he criticized the project. The Twitter conversation started when Ethereum’s co-creator, Vitalik Buterin , talked about Elon Musk running Twitter . “[I] don’t oppose Elon running Twitter (at least compared to status quo), but I do disagree with the more generalized enthusiasm for wealthy people/orgs hostile-takeovering social media firms,” Buterin tweeted . “That could easily go *very* wrong (eg. imagine an ethically-challenged foreign gov doing it).” Following Buterin’s tweet, Dorsey replied “same,” and further said: “[I] don’t believe any individ...