Andrew Yang, the former presidential and NYC mayoral candidate, talked crypto regulation in DC on Decrypt’s gm podcast with Dan Roberts and Jeff Roberts. Yang says the days of little or no crypto regulation in DC are “very very quickly coming to end” and that the question now is what the new rules will look like.
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China’s Bitcoin Crackdown Strengthens With Potential Fines, Jail Sentences
In brief China’s Supreme Court has issued a ruling that specifies penalties for offenders who use cryptocurrency to raise funds. Penalties range up to 10 years in prison and fines of up to 500,000 yuan […]
Mt. Gox Repayment Coming in ‘Due Course’ as Bitcoin Dump Fears Spook Market
Mt. Gox, a popular Bitcoin exchange that was forced to shutdown eight years ago after a crippling hack, has announced it will start repaying former users in “due course.” According to a Wednesday notice to […]
Grayscale Bitcoin Trust Shares Jump 12%, Narrowing Discount
Shares in the troubled Grayscale Bitcoin Trust (GBTC) surged on Monday, narrowing its discount from Bitcoin. The price for the OTC-traded security jumped 11.56% yesterday, to $9.65. This brought the trust’s discount against the net […]