Cryptocurrency, NYC and Security Detail
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White House doubles down on crypto
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The U.S. Securities and Exchange Commission on Thursday voluntarily dismissed its civil lawsuit against Binance, the world's largest cryptocurrency exchange, extending the regulator's new approach to cryptocurrencies since President Donald Trump reentered the White House.
Two U.S. government reserves of cryptocurrency will be stocked with bitcoin and other tokens seized by federal agencies. See how much they will be worth.
An account holder may find value in dedicating a small share of their portfolio to crypto, as long as the individual is willing to lose the holdings in the event of a downturn, analysts said. Digital assets, they added, can help diversify a portfolio and present the possibility of significant upside.
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
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The administration’s full-throated support of crypto is raising concern from ethics experts who say it overlaps with the president’s personal investments.
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on pilot programs,
Lilette Advisors, the firm started last year by alumni of former President Joe Biden, began working for Tether on the GOP-led GENIUS Act beginning on May 6.
International law enforcement dismantled one of the world’s largest child exploitation platforms in April after the service provided access for years to child sexual abuse material, or CSAM, in exchange for cryptocurrency.