A United States blockchain lobbying group executive says there is no danger of a crypto crackdown in the country.
Kristin Smith, executive director of the Blockchain Association has dismissed fears that the United States Department of the Treasury was close to cracking down on Bitcoin (BTC) and cryptocurrencies.Indeed, rumors of the Treasury bringing money laundering charges against some financial institutions using cryptocurrencies began circulating on social media over the weekend.The report emerged during a period of massive selloffs in the crypto space, with the market capitalization dropping over $240 million as Bitcoin slid to $52,000.In an interview with CNBC, Smith debunked the reports, stating that it was the Department of Justice’s remit to charge companies with money laundering.Janet Yellen, the secretary of the U.S. Treasury, is a noted crypto critic, who in February characterized the apparent misuse of cryptoc
‘Satoshi is a Legend’—Cardano’s Hoskinson on Bitcoin Creator Debate
Charles Hoskinson’s praise of Satoshi Nakamoto reignites debate on whether Bitcoin’s lack of leadership is a strength or…
