Digital currency exchange

US Hails Indictment of Russian In Bitcoin Laundering

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US officials Thursday hailed the arrest and indictment of a Russian accused of laundering billions of dollars through a Bitcoin exchange he operated. Treasury Secretary Steven Mnuchin said cracking down on illegal uses of the cyber currency is a key goal of US regulators. “I share your concerns about Bitcoin and others and them being … Read more

China’s Central Bank Launches Spot Checks On Bitcoin Exchanges

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China’s central bank said on Wednesday it launched spot checks on major bitcoin exchanges in Beijing and Shanghai, knocking the price of the cryptocurrency down by more than 6 percent. The probe of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into a range of possible rule violations, including market manipulation, money laundering … Read more