The man who ran the SEC's four-year case against the industry, this week, on camera: "Put aside maybe Bitcoin, the rest of the crowd is thousands of tokens."
He never sued Bitcoin. He couldn't. There was nobody to serve.
Tuesday the Senate voted 49 to 50 on the rules for the companies that hold people's coins. The bill stalled. By Thursday the CFTC had reportedly sent its own rulebook to the White House for review.
In Washington a no vote doesn't stop the rules. It changes who writes them.
At 11:20 this morning the Governor of the Bank of Canada speaks in Halifax. On September 16 the Bank wrote that Canadians "can continue to count on price stability."
Five days earlier the Bank's own researchers published a table. In a shock-prone world like the one they say
In 1970 Congress told your bank to file a report with the Treasury, with your name and Social Security number on it, for any cash transaction over $10,000. The House vote was 302 to 0.
$10,000 in 1970 is about $85,000 today. The threshold has never been updated.
Nobody had to
