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Can PACs Popularize Cryptocurrency Donations in US Politics?

Analysis Earlier this week, BitPAC — conceivably the only active crypto-centric political action committee (PAC) — announced its plans to hold an initial coin offering (ICO). The committee will reportedly issue a utility token called Politicoin, which will then be used to support its candidates ru..

Bitcoin Is a Geopolitical Turmoil Indicator, Says Market Researcher

News Co-founder of market research firm DataTrek Research Nicholas Colas says that Bitcoin (BTC) is a geopolitical turmoil indicator. Bitcoin as a market indicatorIn an interview with CNBC published on Aug. 14, Colas claimed that Bitcoin was one of the few assets of which the price predicted Hong ..

Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math

Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a bid ..

Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?

There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic blockchain talkin..

The Myth of Authority: Mnuchin Denies USD Is Used Criminally

U.S. Treasury Secretary Steven Mnuchin has once again weighed in on bitcoin, claiming the U.S. dollar has not been used to finance “nefarious” activity on a recent episode of CNBC’s Squawk Box. Democratic House Representative Maxine Waters also dropped a tasty nugget of a soundbite as well, sharing ..

US Congress on Libra Overview: Trust, Privacy and Genocide Accusations

Analysis The United States Congress’ hearings on Libra are over. First, on July 16, the Senate Banking Committee held a testimony on Facebook’s cryptocurrency project, which was followed by a meeting organized by the House of Representatives Financial Services Committee on the next day. David Marc..

Reasons Why US Government Won’t Ban Libra Cryptocurrency

Analysis Things are heating up for Libra: This week’s United States congressional hearings showed that many politicians are not convinced by the safety aspects of Facebook’s cryptocurrency project, as they grilled the social media giant on privacy- and trust-related issues. In response, Facebook k..

Rep. Waters Opens Libra Hearing With Indictment of Facebook’s Past Mistakes

News Today, lawmakers on the United States House of Representatives Financial Services Committee are meeting to discuss the possible effects of Facebook’s proposed Libra cryptocurrency project on the financial system. As a Cointelegraph respondent reports on July 17, committee chair Rep. Maxine W..

Libra Vs. US Congress: All There Is to Know Ahead of Hearings

Analysis This week is crucial for the future of Libra: Facebook's cryptocurrency project will be subject to two back-to-back hearings in the United States Congress. First, the Senate Banking Committee will discuss the token on July 16. Then, on the following day, Libra will be reviewed by the..

McAfee on BTC, Exile & the US: ‘No Way the Current System Can Survive’

“God Almighty, I am a rebel. I'm an outrage to the stability of the U.S. corrupt government” — John McAfee talks to Cointelegraph about living on the run and the future of crypto adoption

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