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Bitcoin News / Bitcoin.com - 1 year ago

Fake Trading Volumes: UAE Market Maker Caught in Undercover FBI Sting Operation

The DOJ has announced that CLS Global FZC LLC will plead guilty to market manipulation and wire fraud. If the plea deal is approved, CLS Global will pay a $428,059 penalty consisting of seized cryptocurrency and a fine. CLS Global Busted in FBI Sting...

Bitcoin News / Bitcoin.com - 1 year ago

Oklahoma Lawmaker Proposes Bitcoin Reserve Act to Protect State Finances

A proposed Oklahoma bill seeks to integrate bitcoin into state savings and pensions, aiming to safeguard purchasing power and position the state as a leader in digital assets. State Finances Meet Bitcoin: Oklahoma Lawmaker’s Strategic Reserve Plan Ok...

Bitcoin News / Bitcoin.com - 1 year ago

US Lawmaker’s New Role Could Skyrocket America’s Digital Assets Sector

Tom Emmer’s new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom...

Bitcoin News / Bitcoinist - 1 year ago

End Of The IRS? Lawmaker’s Radical Move Could Supercharge Crypto

One of the biggest breaks for crypto could be the possible elimination of the Internal Revenue Service. At least, this is the proposal being pushed by a US lawmaker. Rep. Earl “Buddy” Carter has sparked controversy with his latest plan to...

Bitcoin News / Bitcoinist - 1 year ago

Hong Kong Lawmaker Proposes Bitcoin Inclusion In Fiscal Reserves

Politician and entrepreneur Wu Jiezhuang—a member of the Hong Kong Legislative Council and the National Committee of the Chinese People’s Political Consultative Conference—has called for the inclusion of Bitcoin in the city’s fiscal reserves. T...

Bitcoin News / Bitcoinist - 1 year ago

Will the Tables Turn for Retail Investors as Trump Appoints Pro-crypto Lawmakers?

A huge part of Donald Trump’s presidential campaign was based on cryptocurrency. He promised to introduce a new regulatory framework for crypto and promote it as a more mainstream asset. Cut to the present, Donald Trump has won the election, which is...

Bitcoin News / Bitcoinist - 1 year ago

Strategic Bitcoin Reserve Bill Introduced By Ohio State Lawmaker

Ohio State Representative Derek Merrin (R-Monclova Township) introduced new legislation on December 17, 2024, aimed at authorizing the state treasury to invest in Bitcoin as part of its asset portfolio. Known as House Bill 703, the “Ohio Bitcoin Rese...