During a Senate Banking Committee hearing, JPMorgan Chase CEO Jamie Dimon voiced strong opposition to cryptocurrencies, including bitcoin, suggesting a ban and stating that their primary use case is for criminal activities such as money laundering and tax avoidance.
The cryptocurrency sector is on track to break records in federal lobbying spending, with firms investing nearly $19 million in the first three quarters of 2023.
Asset management giant BlackRock submitted an amended S-1 filing for its proposed spot bitcoin ETF, joining a recent trend that includes Bitwise.
As gold achieves a new historic high, surpassing $2,100, Bitcoin mirrors the upward trajectory, surging past $41,000 for the first time in 19 months.
Deputy Treasury Secretary issues a stern warning to cryptocurrency firms, threatening exclusion from the U.S. economy unless they take decisive action against illicit money flows.
Securities and Exchange Commission Chair Gary Gensler remains tight-lipped on the fate of spot Bitcoin ETFs, emphasizing the agency's rigorous review process while expressing ongoing concerns about the broader cryptocurrency industry's compliance and potential risks.
Standard Chartered Bank announces its active participation in China's digital yuan pilot project, set to kick off on November 27, as the institution explores the digital currency's potential applications in international merchant payments, trade financing, and supply chain financing.
The judge will assess Zhao's stay until his February sentencing, with the possibility of allowing his return to the United Arab Emirates.
With a significant inflow of $2.7 billion into GBTC this year, analysts caution that a profit-taking phase may lead to an exit of funds from the bitcoin space, impacting prices.
Singapore's financial authority announces stringent regulations for cryptocurrency service providers, aiming to protect consumers from potential harm and restrict activities such as accepting local credit card payments and offering incentives for trading.