Blow To Bitcoin As ‘Significant’ U.S. Crypto Crackdown Suddenly Revealed
From forbes.com
The U.S. bitcoin and cryptocurrency community has had a rough week—and its future is looking bleak. This week, Treasury secretary Steven Mnuchin warned "significant" new bitcoin and cryptocurrency regulations are on their way, Minneapolis Federal Reserve president Neel Kashkari branded cryptocurrencies "a giant garbage dumpster," and the Department of Justice called bitcoin mixing "a crime." However, the news has failed to much move the bitcoin price, which remains up almost 50% since the beginning of the year. Mnuchin, who last year echoed U.S. president Donald Trump's criticism of bitcoin and cryptocurrencies, ...
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