Investing consistently in cryptocurrency just got a lot easier. In September, Coinbase announced that its users will soon be able to set up direct deposit with any percentage of their paychecks and can choose for the money to be deposited as U.S. dollars or any of ...Read More

Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund. The world’s largest cryptocurrency climbed around 4% to $66,535.38 by 2:50 p.m. ET, topping a previous record of $64,899 set in mid-April. “The key ...Read More

The U.S. Justice Department is creating a national cryptocurrency enforcement team to tackle investigations and prosecutions of criminal misuses of cryptocurrency and to recover the illicit proceeds from these crimes, Deputy Attorney General Lisa Monaco said Wednesday. The creation of the National Cryptocurrency Enforcement ...Read More

New York Attorney General Letitia James said she ordered two cryptocurrency lending platforms to stop operating in the state, and sent three other platforms letters with questions about their operations. Though James did not name the firms, Nexo Financial LLC in a statement confirmed ...Read More

Jamie Dimon, JPMorgan Chase chairman and CEO, isn’t a fan of bitcoin, the largest cryptocurrency by market value. “I personally think that bitcoin is worthless,” Dimon said during an Institute of International Finance event on Monday, CNBC Pro reported. But, “I don’t want to be a spokesperson — I don’t ...Read More

The cryptocurrency unit of popular trading platform Robinhood Markets Inc. has hired a new chief compliance officer, a move that comes as the company faces regulatory scrutiny. Benjamin Melnicki joined Robinhood Crypto LLC this week, a Robinhood spokesman said. Mr. Melnicki was most recently chief compliance officer ...Read More

Securities and Exchange Commission Chairman Gary Gensler reiterated his call for cryptocurrency exchanges to register with the agency, warning that they will be hit with enforcement actions if they fail to do so, during an interview with Washington Post Live Tuesday. “There are trading ...Read More