The Treasury has laid the groundwork to add specific wallet addresses to its SDN List, but the efficacy of the department’s approach is questionable.
Russian officials and businessmen were reportedly instrumental in helping Venezuela create its oil-backed petro cryptocurrency. If true, the interference was likely intended to erode US sanctions that have afflicted Russia since 2014.
The NSA has been snooping around the bitcoin blockchain – and maybe a little more.
France’s minister of finance published an op-ed today, highlighting France’s crypto-related ambitions. He used very enthusiastic language and likely timed the publication to coincide with today’s G20 meeting of central bankers.
‘We Need an International Discussion on Cryptocurrencies’: OECD’s MedcraftGreg Medcraft, Director of the Directorate for Financial and Enterprise Affairs of the OECD, recently revealed that he believes we need an “international discussion on cryptocurrencies,” and that blockchain technology will propel the “next revolution.” During an interview on the sidelines of G20 with Brazilian news outlet
The NSA Has Been Tracking Bitcoin Users, Snowden Papers RevealsNot to be mistaken for another Jason Bourne thriller, the Edward Snowden papers show a US government/bitcoin connection. The Intercept is reporting classified documents leaked by Snowden prove that the US National Security Agency (NSA) in fact was keeping tabs on bitcoin users globally, as evidenced by
The US Dollar moved higher and reversed some of Monday’s losses as FX traders await the outcome of the Federal Reserve policy meeting.
Oil prices extended their gains on Tuesday, boosted by continued tensions in Venezuela and renewed tensions between Iran and Saudi Arabia.
On Friday, the Federal Trade Commission (FTC) established a blockchain working group, which will facilitate external coordination on enforcement actions among other responsibilities.
Financial authorities currently attending the 2018 G20 Buenos Aires summit are reportedly nearing a consensus on the position that cryptocurrencies are assets.