Turns out there’s no FBAR mandate on your offshore bitcoin account. Is the government making a tactical retreat in its war on money launderers and tax cheats? In response to a request for guidance from an accountants’ group, the Treasury...

U.S Rep. Patrick McHenry (R-N.C.), a ranking member of the Financial Services Committee, told CNBC’s Squawk Box he thinks “there is no capacity to kill bitcoin.”  According to McHenry, regulators have no ways of killing an open distributed ledger. However, he believes...

As cryptocurrency prices tumbled across the board last year, venture capitalists focused their attention on the promise of the underlying technology, the ledger known as blockchain. That, many said, was the smarter bet. Now, the tables have turned. While Bitcoin’s...

Bitcoin and the entire cryptocurrency market seem to be in a clear downward spiral. At the time of writing, the entire market has lost over 10% of its total value in just a matter of days. However, should traders and...

Ahead of highly anticipated hearings this week, Facebook vice president David Marcus, head of the company’s blockchain division, said in his prepared remarks that Facebook won’t move forward with its Libra cryptocurrency without full approval and regulation. Libra has sparked global concern...

Indian police has freed three men held captive by a gang, the Hindustan Times writes. The kidnappers demanded 80 bitcoin in ransom. Two of the captives were cryptocurrency traders. They were held for more than two weeks in a high-rise building...

The bitcoin and cryptocurrency world has been left reeling after U.S. president Donald Trump unleashed a scathing attack on bitcoin and cryptocurrencies, branding them “unregulated crypto assets” and based on “thin air.” The bitcoin price rose slightly following Trump’s comments as bitcoin traders and...

HDR Global Trading, owner and operator of BitMEX, has awarded a $60,000 grant to Bitcoin Core contributor, Michael Ford (aka fanquake). This recognises “Ford’s contribution to the growth and maintenance of the Bitcoin ecosystem. In line with BitMEX’s previous donation to the MIT...

The U.S. is facing a pivotal moment as the White House pressures the Federal Reserve to cut interest rates to boost a lagging economy – a move that will inevitably increase inflation. Since 2008, $12 trillion has been injected into the U.S. economy through...

Facebook is facing a growing chorus of doubts about its new Libra cryptocurrency project from authorities around the world, ahead of two congressional hearings on the initiative next week. On Wednesday, the chair of the Federal Reserve, Jerome Powell, said...