Category: Crypto

Ripple CEO Reveals Discussion With US Treasury Secretary, Says Lawmakers Risk Handing New Sector of Global Economy to Foreign Interests

Ripple CEO Brad Garlinghouse says he’s talked with US Treasury Secretary Steven Mnuchin about how the Trump Administration can responsibly regulate cryptocurrency. In a series of tweets, Garlinghouse says he agrees with Mnuchin’s doubts that crypto can replace the dollar and other fiat currencies – at least in this lifetime […]

A City in Canada to Accept Crypto Assets for Tax After Council Approval, Bolstering Adoption

Following a recent council approval, Canadian City of Richmond Hill will be exploring providing crypto asset property tax payments. Helping to provide the service will be domestic digital currency platform, Coinberry.The City of Richmond Hill is the second Canadian city to accept cryptocurrency for tax payments. Innisfil in Ontario was […]

Industry Reacts as US Treasury Secretary Deems Crypto a “National Security Issue”

Following US President Donald Trump’s scathing remarks about Bitcoin and cryptocurrencies in general, the U.S. Treasury Secretary – Steven Mnuchin – is now placing crypto on the center stage of the US’ regulatory policy. Naturally, the crypto industry reacted swiftly to Mnuchin’s remarks that were made during a press conference […]

Released: Facebook’s Testimony for Senate Hearing on Controversial Libra Project

Written testimony by David Marcus, Facebook’s head of blockchain, has been released. Marcus is scheduled to be grilled by Congress on Tuesday and Wednesday at two separate hearings set by the U.S. Senate Banking and House Financial Services Committees, as lawmakers tackle the tech giant’s controversial digital asset Libra, its […]