USA

Business
Finance

US Pension Funds Invest $40M into Morgan Creek Digital’s Crypto Venture Fund

Bloomberg reports today that Morgan Creek Digital has secured what is likely the first cryptoasset investment backed by a US pension fund, to the tune of $40 million USD. In fact, two pension funds have signed up in Fairfax Country (Virginia). Other investors at this stage include: an insurance company, a university endowment and a […]

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Business
Exchange
Trading

Robinhood Crypto Coming to New York

Trading application Robinhood announced yesterday that it had secured a money transmitter license in New York. It has also received a BitLicense, a virtual currency license. With Robinhood Crypto, you can invest in seven cryptocurrencies including Bitcoin and Ethereum, commission-free. Already operating in over 30 states, the new licenses enable Robinhood Crypto offer its apps […]

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Business
Public Sector

Overstock.com Becomes First US Company to Pay Taxes via Cryptocurrency

Overstock.com announced yesterday that it would be paying taxes in cryptocurrency, in the state of Ohio. It would pay its Commercial Activity Taxes (CAT) in Bitcoin (BTC) this coming February. [T]houghtful governmental adoption of emerging technologies such as cryptocurrencies (when accompanied by non-restrictive legislation over these technologies) is the best way to ensure the U.S. […]

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Legal

$4 Billion Lawsuit Against Craig Wright – Motion to Dismiss Case Rejected by Judge

It’s been a rough year for Craig Wright. Having sided with Bitcoin SV in the Great-Bitcoin-Cash-Fork-of-2018 and acting with threats, bullying, and other lowbrow tactics has done him few favours. The controversy behind the Bitcoin Cash (BCH) fork has left BCH and BSV market prices and Wright’s reputation in tatters. The pain continues for Wright, […]

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Politics
Public Sector

Trump Names Pro-Bitcoin Congressman Mulvaney Next White House Chief of Staff

US President Donald Trump announced yesterday via Twitter that Mick Mulvaney will be named Acting White House Chief of Staff. He will be replacing John Kelly. Mulvaney is a Republican from the state of South Carolina. He has been a long time supporter of Bitcoin and blockchain technology. Responsible for creating the bipartisan Blockchain Caucus, […]

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Public Sector
Random

Bitcoin Ranks 1 in USA Google Search for 2018

The decentralised asset has had a controversial year to say the least. Its trading range over the past year has been from almost $20k to $3.3k. It has been condemned by institutional leaders, such as Jamie Dimon, as a ‘fraud’ while others like Morgan Stanley hail it as a new asset class. However according to Google, […]

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