Bitcoin News and Finance: What You Need to Know

The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest exchanges are prepared to handle cryptocurrency transactions. He emphasized that once legal conditions […]

Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 […]

U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may not be a significant issue now, it could become more concerning as sanctions intensify. Yellen: We Are Very Attentive to the […]

According to onchain data, a dormant bitcoin wallet created 11 years and nine months ago on Sept. 25, 2012, has transferred 1,000 bitcoins valued at $60 million to an unknown wallet for the first time. 11-Year-Old Bitcoin Wallet Transfers 1,000 BTC for the First Time An old BTC wallet established on Sept. 25, 2012, moved […]