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Tether CTO stays silent on Bitcoin mining locations

Tether CTO stays silent on Bitcoin mining locations

Paolo Ardoino, chief technology officer of stablecoin issuer Tether (USDT), recently found himself addressing rumors about images of large industrial containers online. These speculations led him to rejecting questions about where Tether is mining Bitcoin (BTC).  On Aug. 26, in...

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US Wants “Brokers” to Man Taxpayers’ Crypto Reporting Burden

US Wants “Brokers” to Man Taxpayers’ Crypto Reporting Burden

The US Department of Treasury alongside the Internal Revenue Service (IRS) today (Friday) announced new proposed rules for “brokers” such as crypto trading platforms, crypto payment processors and digital asset wallet providers. The agency noted that the proposed regulation...

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Court Permits “Unlimted” Access to Jailed Bankman-Fried for Trial Preparation

Court Permits “Unlimted” Access to Jailed Bankman-Fried for Trial Preparation

Lawyers defending Sam Bankman-Fried have been granted permission to conduct “unlimited” prison visits to the embattled Founder of bankrupt crypto exchange, FTX, who was jailed earlier this month, according to a court order seen by CoinDesk. The court authorization...

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Binance Allegedly Used Sanctioned Banks for P2P Crypto Transfers in Russia

Binance Allegedly Used Sanctioned Banks for P2P Crypto Transfers in Russia

Binance aided peer-to-peer (P2P) crypto transfers among Russians using at least five banks sanctioned by Western governments after Russia launched a full-scale invasion of Ukraine last year, the Wall Street Journal reported today (Tuesday). Citing the apex monetary authority...

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