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Fidelity said it has signed up one employer that will add the offering to its plan later this year. The U.S. government has warned the industry to exercise extreme care when offering cryptocurrencies.
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Lawmakers intend to draw cryptomining businesses to Oklahoma through tax credits and incentives in Senate Bill 590. Oklahoma's low cost of energy also makes the state attractive.
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After making the cryptocurrency legal tender, President Nayib Bukele plans to launch bitcoin-backed bonds to raise $1 billion for the country.
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As cryptocurrency become more mainstream, some states are introducing legislation to standardize crypto as a form of payment.
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Washington policymakers will soon start deciding on new rules for cryptocurrencies, setting up a fight between supporters and critics of the $2.5 trillion market.
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Advocates of Bitcoin, including President Nayib Bukele, say the policy that took effect Tuesday was historic. But the rollout was marred by technical glitches and some political opposition.
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The country's top market watchdog has promised tougher scrutiny of virtual currencies, but we still don't know what will be unveiled.
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If you're planning a multi-million dollar ransomware attack, there's really only one way to collect - with cryptocurrency. It's fast. It's easy. Best of all, it's largely anonymous and hard to trace.
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The linchpin to retrieving $2.3 million, half the company's payment, was gaining access to the private key linked to the attacker's Bitcoin account. Here's how authorities may have gotten it.
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Even before Elon Musk got woke to how much dirty power Bitcoin consumes, local governments were moving to regulate crypto miners. Public pushback will be likely as crypto is branded carbon-intensive.