Two American lawmaker is pushing to pass a law that will ban the creation of algorithmic stablecoins for two years.
Along with the framework, the White House also released an executive order that addresses the same concern.
The petitioner seeks $86 billion in damages and an additional $172 billion for the losses incurred for trading dogecoin from 2019.
The responses of local exchanges fall in either of the three categories – full suspension of XRP trading, partial suspension, and no change in current policy.
Cryptocurrency exchange Binance announces that US-based website Binance.us is coming soon and it is currently informing the public on what to expect if they will be trading in this US-based marketplace.
According to the agency, by the end of August, more than 10,000 taxpayers will receive the letters. It will be obtained through the various ongoing IRS-Compliance efforts.
A growing number of people from the United States are now showing a bigger interest in using cryptocurrency as a means of sending money.
The celebrities were fined because of their failure to disclose what they earned in promoting initial coin offerings.
The media feasted on reports that Starbucks will soon accept bitcoin, only for the coffee chain to clarify that it’s not true.
These crypto millionaires usually buy real estate with cryptocurrencies and some, like Mr. Hongcai, use it to get foreign fiat without the need for a bank.