Treasury Secretary Won’t Let Crypto Become Next Swiss Bank Accounts

By CCN Markets: U.S. Treasury Secretary Steven Mnuchin said that the G7’s Financial Action Task Force (FATF) organization will never let crypto assets “become the equivalent of secret numbered accounts.” Mnuchin was addressing a plenary session of the G7 initiative aimed at combating money laundering and terrorism financing. The U.S. Treasury Secretary was referring to […]

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how […]

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Russia’s Richest Man to Tokenize Palladium

Russian billionaire Vladimir Potanin wants to launch cryptocurrency tokens pegged to the precious metal palladium. Potanin also wants to establish a regulatory framework for digital platforms in order to promote crypto use in Russia. “Transactions in tokens are simpler and more convenient,” Potanin said, as reported by Bloomberg. “People more and more tend to use […]

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VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application

VanEck isn’t fazed by the government shutdown, which some have feared could throw a wrench into the bitcoin ETF approval process. | Source: Shutterstock By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF […]

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Court Sentences Detroit Man For Trading Bitcoin Without Proper License

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. A federal court has sentenced a Detroit man to a year and a day in prison and three years of supervised release for trading bitcoin without a money service license, according to the U.S. Attorney’s Office for the District of Maine. The […]

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