Kenya drafts legislation to regulate cryptocurrencies

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements.

CryptoWendyO and Cheds weigh in on where Bitcoin's price could head next. 2564 Total views 9 Total shares Bitcoin’s price has declined in recent days. While it has rebounded from its weekly lows, the asset's trajectory remains uncertain says CryptoWendyO, a crypto trader on Twitter.  “The daily timeframe is not looking great as we are having…

This week’s Crypto Biz explores Canada’s new crypto conglomerate, the recent premature passing of the Cash App creator in San Francisco, as well as DOGE news, and U.K. crypto challenges. 76 Total views 2 Total shares Own this piece of history Collect this article as an NFTTwitter CEO Elon Musk has made another marketing move…

On Aug. 10, the Binance and Litecoin (LTC) community came to life as news of a potential “dusting attack” was announced through the official Binance Twitter account. In the tweet, the team explained that around 50 Binance Litecoin addresses received a fractional amount (0.00000546) of Litecoin, which the exchange’s security team identified as a part…

Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. 488 Total views 13 Total shares The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on…

The Grayscale Bitcoin Trust (GBTC) told investors to ditch gold for Bitcoin (BTC) just before the precious metal surged.A case of bad timing for GrayscaleThat was the latest observation from RT host and Bitcoin bull, Max Keiser, who on Aug. 26 concluded GBTC’s dedicated Bitcoin-not-gold campaign got its timing wrong. “$GBTC’s ‘Drop Gold’ campaign timed almost…

The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations. 118 Total views 2 Total shares European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead.

American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill.Last week, the United States Small Business Administration released an application form for nonbanks to sign on as lenders under the federal Paycheck Protection Program, referred…

The Committee on Banking, Housing, and Urban Affairs of the United States Senate is seeking information on Facebook’s reported cryptocurrency project. The committee addressed its concerns to Facebook founder and CEO Mark Zuckerberg in a letter on May 9.In a series of questions, the Senate highlights certain aspects of consumer protection, asking Zuckerberg how the…