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News & Articles By Arsenio Toledo
03/25/2022
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By Arsenio Toledo
Canadian authorities find they are unable to seize Bitcoin donations made to Freedom Convoy protesters
The Canadian government is attempting to seize all of the funds raised by the anti-Wuhan coronavirus (COVID-19) lockdown and vaccine mandate Freedom Convoy protesters. Unfortunately for them, they are having a hard time retrieving donations made through cryptocurrencies like Bitcoin. The measures taken by Canada to suppress the Freedom Convoy protests are considered unprecedented for […]
02/23/2022
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By Arsenio Toledo
Bitcoin’s value continues to shrink amid Russia-Ukraine conflict; investors turn to gold and silver
The values of Bitcoin and other cryptocurrencies are crashing as the crypto market reacts negatively to the escalation of tensions in Eastern Europe between Russia and Ukraine. Meanwhile, the trading prices of precious metals like gold and silver are surging like never before. This is according to financial analysts David Morgan and John Perez, who […]
01/19/2022
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By Arsenio Toledo
Congressman introduces bill that would ban the Federal Reserve from issuing digital currency
Republican Rep. Tom Emmer of Minnesota recently introduced a bill that would ban the Federal Reserve from issuing a central bank digital currency (CBDC). The Fed has been studying the possibility of issuing a digital currency for some time now. This would entail Americans who want to avail of this digital currency to open an account […]
09/28/2021
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By Arsenio Toledo
China’s Central Bank bans all cryptocurrency transactions
China’s central bank has banned all cryptocurrency transactions in the communist nation. In a statement, the People’s Bank of China announced a blanket ban on all cryptocurrency-related exchanges – such as offering trading, order matching, token issuance and derivatives. This ban also prevents any overseas-based cryptocurrency exchanges from providing services in mainland China. “Overseas virtual currency exchanges […]
08/12/2021
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By Arsenio Toledo
Democratic Senate passes provision in infrastructure bill that expands government surveillance on cryptocurrency
As part of its recently-passed $1 trillion infrastructure bill, the Democrat-controlled Senate has included a provision that will allow the government to expand financial surveillance on cryptocurrency. The cryptocurrency provision does several things to extend government oversight over cryptocurrencies. One of its first provisions is to extend certain bank reporting laws to crypto transactions that […]
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