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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 ..

Congressional Hearing Day 2: House Democrats Hammer Facebook’s Crypto Plans

It was Day 2 of Facebook’s Congressional Hearing. The pressure was on the social media giant to present a strong case to the House. A strong group that has never been a fan of the social media giant. After a rather grueling day of being questioned by the Senate Banking Committee, David Marcus, Faceb..

How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra

Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill..

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