Coinbase Helps the US Government Combat Illegal Trade

One startup unicorn cryptocurrency, Coinbase, reportedly provided assistance to the United States government through partnerships with the Drug Enforcement Administration (DEA) and the United States Reveneu Service (IRS). This is a collaborative project involving DEA and IRS, as well as other companies, such as Chainalysis, Elliptic, CipherTrace who took part in this project to help …

Chinese Central Bank Executives Call Bitcoin an Example of Success

Former deputy governor of China’s central bank, Wu Xiaoling, said in an interview with local news media outlets that Bitcoin is perhaps the most successful use of the blockchain so far. Despite the government’s anti-crypto attitude and unwillingness to regulate cryptocurrency, China’s central bank, and other high-ranking officials have acknowledged and made efforts to raise …