Ukraine’s government says it has raised some $106 million in global donations in cryptocurrency for its army. At the same time, nations rush to launch their digital currencies as an alternative to the U.S. dollar.
With the world increasingly using cashless payments, the president of the United States ordered the government to investigate the risks and benefits of cryptocurrency and the creation of a digital dollar.
After five long hours, a hostage standoff that captivated the Netherlands ended at the Apple Store in downtown Amsterdam with a police car driving into the hostage-taker.
The U.S. Justice Department has tapped a seasoned computer crimes prosecutor to lead its new national cryptocurrency enforcement team and announced on Thursday that the FBI is launching a unit for blockchain analysis and virtual asset seizure.
The Federal Bureau of Investigation (FBI) on Saturday arrested a Maryland couple for allegedly attempting to sell “restricted data” about the design of US nuclear submarines to a foreign country, the Washington Examiner reports. US Department of the Navy nuclear engineer Jonathan Toebbe and his wife, Diana, have been charged under the Atomic Energy Act and are due to appear before a West Virginia court on October 12.
President Hassan Rouhani apologized to Iranians on Tuesday over massive power outages during a heatwave that have drawn widespread criticism and triggered street protests.
Internal Revenue Service Commissioner Charles Rettig on Tuesday asked Congress for new authority and resources in order to regulate cryptocurrencies for better tax collection and to avoid frauds and scams.
U.S. authorities have seized millions of dollars and hundreds of virtual currency accounts used to funnel money to al-Qaida, Islamic State (IS) and Hamas’s military wing, the Justice Department announced Thursday.
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.
The ongoing spread of the coronavirus has spurred government agencies to warn its citizenry against the use of paper currency and coins. Meanwhile, Central Banks around the world are considering the use of cryptocurrency in the future.