Bitcoin

Bitcoin

Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption

Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the ...Read More

U.S. to sell cryptocurrency worth $56 million after record seizure in BitConnect fraud case

The U.S. Justice Department will sell off $56 million worth of cryptocurrency it seized as part of a massive Ponzi scheme case against a man who promoted the offshore crypto lending program BitConnect, authorities said Tuesday. The Justice Department said the liquidation of the cryptocurrency follows “the ...Read More