The letters serve as a damning indictment of the government’s alleged anti-crypto policies. How the FDIC Secretly Stifled Banks’ Crypto-Related Activities The Federal Deposit Insurance Corporation (FDIC), an entity originally formed to restore trust in the American banking system, on Friday, quietly released letters it had previously sent to banks prohibiting them from engaging in […]
Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration. The five crypto exchanges […]
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position the U.S. as a global leader in financial innovation. Senators […]