Author: Kevin Helms

Goldman Sachs to Settle Massive Corruption Case for $2.8 Billion With US Government | News Bitcoin News

Bitcoin.com

Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to Read More

Hotel Bitcoin ATMs on the Rise With Addition of Swiss Hotel Dolder Grand | News Bitcoin News

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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital Read More

Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency | Regulation Bitcoin News

Bitcoin.com

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Read More

Peter Schiff’s Euro Pacific Bank Under Investigation by Tax Authorities in 5 Countries | Regulation Bitcoin News

Bitcoin.com

Euro Pacific Bank, founded by gold bug and bitcoin skeptic Peter Schiff, is reportedly under investigation by the tax authorities of five countries. The bank’s customers allegedly include several tax fraud masterminds and a Russian syndicate described by the FBI Read More

48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election | News Bitcoin News

Bitcoin.com

Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, Read More

Cryptocurrency ETFs: SEC Wants to Facilitate Tokenized Products | Regulation Bitcoin News

Bitcoin.com

The U.S. Securities and Exchange Commission (SEC) wants to facilitate tokenized exchange-traded funds (ETFs), according to chairman Jay Clayton. The agency is collaborating with other U.S. regulators to determine how to regulate different crypto products. SEC Open to Tokenization of Read More

Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities | Bitcoin News

Bitcoin.com

A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Read More

Bitcoin’s Intrinsic Value: Crypto Community Responds to Bank of England Governor | News Bitcoin News

Bitcoin.com

Bitcoin’s intrinsic value has been heavily discussed in the crypto community this week following a remark by the governor of the Bank of England suggesting that the cryptocurrency may have no intrinsic value. Does Bitcoin Have Intrinsic Value? Bank of Read More

Grayscale Adds $1 Billion to Crypto Products in Q3, Sees ‘Unprecedented Demand’ for Bitcoin Cash | Markets and Prices Bitcoin News

Bitcoin.com

Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Grayscale Investments released its third-quarter performance Wednesday. Read More

‘Enormous Wall of Money’ Coming Into Bitcoin, Price to Reach $1 Million in 5 Years, Says Raoul Pal | Bitcoin News

Bitcoin.com

Macro strategist Raoul Pal says the price of bitcoin will reach $1 million in five years. He attributes the price increase to adoption by large pools of investors and the “enormous wall of money” coming into bitcoin, rather than because Read More

Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings | Regulation Bitcoin News

Bitcoin.com

American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’ American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said Read More

Bank of England Moves Closer to Negative Interest Rates, Asks Banks if They Are Ready | News Bitcoin News

Bitcoin.com

The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that Read More

Bitcoin for Spain’s Congress: BTC Sent to 350 Spanish Parliament Members | News Bitcoin News

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American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’ American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said Read More

6 Stimulus Packages Have Been Proposed to Provide Second Direct Payments to Americans | News Bitcoin News

Bitcoin.com

Six stimulus packages have been proposed to provide second stimulus checks for Americans. The latest proposal came from the White House on Friday. Several stimulus bills are being discussed as Americans hope to soon receive another round of direct payments Read More

Kate Winslet to Star in Cryptocurrency Movie About Onecoin Ponzi Scheme | News Bitcoin News

Bitcoin.com

American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’ American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said Read More

Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency | News Bitcoin News

Bitcoin.com

US Senate Candidate Is a Hodler, Sees Bitcoin as Alternative Store of Value to US Dollar US Senate candidate Cynthia Lummis is pro-bitcoin. She bought her first bitcoin during her time in Congress. Now she calls herself a hodler and Read More

Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports | Exchanges Bitcoin News

Bitcoin.com

American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court Read More

Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC | News Bitcoin News

Bitcoin.com

Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Read More