Cryptocurrency
Britain will reveal crypto regulation plans in coming weeks, sources say
Britain’s Chancellor of the Exchequer Rishi Sunak leaves the 11 Downing Street, in London, on March 23, 2022. Daniel Leal | AFP | Getty Images LONDON — The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar […]
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Exxon is mining bitcoin in North Dakota as part of its plan to slash emissions
A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters ExxonMobil, the top oil and gas producer in the U.S., is piloting a project to mine bitcoin in North Dakota, according to people with knowledge of the matter. For over a year, Exxon has been working with Crusoe Energy Systems, a […]
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Russia is considering selling its oil and gas for bitcoin as sanctions intensify from the West
Employees pass beneath pipes leading to oil storage tanks at the central processing plant for oil and gas at the Salym Petroleum Development oil fields near the Bazhenov shale formation in Salym, Russia. Andrey Rudakov | Bloomberg | Getty Images Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering […]
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‘A total disaster’: Crypto firms face being booted from the UK as a key deadline approaches
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to register with the finance watchdog ahead of a key deadline next week. From Mar. 31, firms operating crypto services […]
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Bitcoin is a lifeline for some Ukrainian refugees, like this 20-year-old who escaped with $2,000 on a thumb drive
Civilians continue to flee from Irpin due to ongoing Russian attacks in Irpin, Ukraine on March 07, 2022. Wolfgang Schwan | Anadolu Agency | Getty Images On the morning that Russia went to war with Ukraine, Fadey woke up at 9am to a deluge of Telegram messages from friends asking him what was happening on […]
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Crypto investor Katie Haun raises $1.5 billion, the largest debut fund ever by a female VC
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest debut venture fund ever raised by a solo female founding partner, according to Pitchbook. Former investment banker Mary Meeker held the prior record with a $1.3 […]
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The NFL will now let teams seek limited blockchain sponsorships, but cryptocurrency promotion remains banned
A football with the NFL logo Jacob Kupferman | Getty Images The National Football League, in a memo issued Tuesday, granted teams limited permission to seek blockchain sponsorships, a partial reversal from late last summer, as the technology grows in popularity among the organization’s fans and athletes. The league said it made the decision to […]
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UK watchdog puts 50 crypto companies on notice over ‘misleading’ ads
A bitcoin ATM inside a shop in Finsbury Park, London, on Feb. 4, 2022. Luke MacGregor | Bloomberg | Getty Images LONDON — Over 50 cryptocurrency companies have been sent enforcement notices by the U.K.’s advertising watchdog as part of a regulatory crackdown on promotions in the industry. The Advertising Standards Authority said Tuesday it […]
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Accused bitcoin launderers in plea talks with prosecutors, court documents say
Booking photos for Heather Morgan and Ilya Lichtenstein. Courtesy: Alexandria Adult Detention Center. Federal prosecutors on Monday said they were in plea negotiations with a New York couple recently arrested on charges of trying to launder $4.5 billion worth of stolen bitcoin cryptocurrency. The talks were cited in a request by prosecutors asking a judge […]
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Goldman Sachs announces milestone with first over-the-counter crypto trade with Galaxy Digital
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing further into the nascent market for derivatives tied to digital assets. The firm is close to announcing that it […]
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