A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked with several illicit and dark web clients, many of whom were hackers, drug pushers, and mobsters to hide their illicit gains through cryptocurrency. Thomas Spieker Charged with Crypto Money Laundering It is believed that Spieker laundered as much as $2.3 million worth of bitcoin, the world’s number one digital currency, for several...
Read More »Ukraine Declares Bitcoin and Crypto Fully Legal
Volodymyr Zelenskyy – the president of Ukraine – has legalized cryptocurrency use in his native country. The move stems after Ukraine received countless crypto donations from individuals around the world following Russia’s invasion. At the time of writing, Ukraine has received more than $50 million in digital currency donations. Ukraine Opens Its Heart to Crypto The bill was signed last month by Zelenskyy himself and was then approved by the Ukrainian parliament. The...
Read More »Race Car Driven by Ayrton Senna Sells for $5 Million in Crypto
Cryptocurrency has permitted the historic purchase of a legendary race car. A McLaren 1989 MP4/5 F1 car that was once driven by legendary race car figure Ayrton Senna was purchased for roughly $5 million through a company called Himalaya Pay. The platform oversaw the transaction, which was done through a stable coin listed on the Himalaya Exchange known as the Himalaya Dollar (HDO). Ayrton Senna Sees His Legacy Grow with Crypto Senna is one of the most well-known and...
Read More »Analysts React to Biden Crypto Executive Order
Not long ago, Live Bitcoin News reported that Joe Biden was slated to sign an executive order that would establish crypto regulation and decide how agencies in the U.S. should pursue legislating the volatile space. In addition, it allegedly would open the door to a national digital currency for the United States. Biden Signs Crypto Executive Order It appears Biden has signed that order, and thus crypto regulation is now gearing up in America. Naturally, analysts and...
Read More »Biden Slated to Implement New Crypto Regulation
Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Further Crypto Establishment Given Biden’s history with crypto, traders should be a little worried about what’s to come. Remember last summer’s infrastructure bill? The document opened the doors to more than a trillion dollars in spending. With a name like infrastructure, one...
Read More »Elizabeth Warren to Crypto Exchanges: Cut Russia Off!
Members of Congress like Senator Elizabeth Warren – a democrat of Massachusetts – have written a letter to Janet Yellen, the Treasury Secretary under Biden, to ensure that crypto exchanges are working with the U.S. government to ensure that sanctions imposed on Russia are being fully complied with. Elizabeth Warren Is Worried Crypto Can Help Russia Elizabeth Warren – along with Senators Sherrod Brown, Mark Warner, and Jack Reed – want to make sure that crypto exchanges...
Read More »DOJ to Fight Crypto Money Laundering in Russia
With the recent invasion of Ukraine by Russia, many have stated that the imposing nation is going to look to bitcoin and assorted cryptocurrencies to avoid or get around sanctions enforced by the United States and its allies. In response to this, the U.S. is now creating a special task force to prevent that from happening. Can Russia Use Crypto? Roughly two weeks ago, the world watched in shock and horror as Russia invaded its neighbor Ukraine. Thus far, several civilian...
Read More »Young People in India Really Love Their Crypto
India is likely making a big mistake considering a ban on crypto any further given that it’s people really seem to love the industry. India Has an Odd Relationship with Crypto Swati Daga is a businesswoman in India that first bought bitcoin in the year 2017. This was at a time when the currency was trading for under $3K. Her family did everything they could to try and convince her that investing her hard-earned cash in BTC or any other form of crypto was a bad idea, but...
Read More »Crypto Donations for Ukraine Reach a New High
Over the last few weeks, Live Bitcoin News has been carefully and closely monitoring Russia’s invasion of Ukraine. We have reported the high number of bitcoin and crypto donations the country has received, which are now allegedly being used to support Ukraine’s military and give people the supplies they need to fight back. Ukraine Keeps Getting Digital Money Not long ago, Ukraine was reported to have earned as much as $12 million in crypto donations. Now, it appears the...
Read More »JAG Insurance Group to Offer Employees Crypto Investing Options
JAG Insurance Group – a commercial insurance agency based in both South Florida and North Carolina – has joined hands with Trade Station Crypto, Inc. to establish a new treasury account that will expand its employees’ benefits program. JAG Insurance Group Now Has Crypto Options The goal of JAG Insurance is to help its employees diversify their retirement and investment portfolios and providing them with potential crypto options can be a solid way of doing that. Luis R....
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