Politicians & Regulators Keep Shouting That Crypto Is Synonymous With Fraud. Here’s Why They’re Wrong | ZeroHedge

Authored by Omid Malekan and Brian Whitehurst via Fortune.com,

“Rife with fraud, manipulation, and money laundering.”

That’s a fair summary of how regulators, legislators, and other critics regularly describe crypto.

Such claims are made so often that industry insiders seldom challenge them, and their reluctance to push back is understa (more…)

Continue ReadingPoliticians & Regulators Keep Shouting That Crypto Is Synonymous With Fraud. Here’s Why They’re Wrong | ZeroHedge

More Firms Set To Add Bitcoin To Balance Sheets After Major Accounting Rule Change | ZeroHedge

Authored by Jesse Coghlan via CoinTelegraph.com,

The rules now allow crypto-holding companies to report their paper gains, not just losses, which industry observers say could give firms more confidence to buy…

Bitcoin and crypto may soon see another mass wave of adoption by United States-based firms after a new accounting rule change that lets companies more accurately reflect the value of their crypto holdings. 

Cory Klippsten, the CEO of Bitcoin-only exchange Swan (more…)

Continue ReadingMore Firms Set To Add Bitcoin To Balance Sheets After Major Accounting Rule Change | ZeroHedge

Can The Government Ban Bitcoin? Four Things You Need To Know Today | ZeroHedge

Authored by Nick Giambruno via InternationalMan.com,

Recently, we’ve heard powerful bankers and politicians expressing their desire to ban Bitcoin.

The notion that the US government will ban Bitcoin is popular for a good reason.

Bitcoin threatens a significant source of the government’s power—the power to create fake money out of thin air and force everyone to use it.

That’s because Bitcoin can give monetary sovereignty to the individual and render central (more…)

Continue ReadingCan The Government Ban Bitcoin? Four Things You Need To Know Today | ZeroHedge