Author: Cointelegraph By Jesse Coghlan

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El Salvador makes Bitcoin payments voluntary in $1.4B IMF loan deal

El Salvador’s struck a loan deal with the IMF and will make Bitcoin acceptance voluntary and roll back government involvement in Bitcoin-related projects. Source link

Mt. Gox transfers $172M Bitcoin to new wallets as BTC hovers near $107K

Bankrupt crypto exchange Mt. Gox has shuffled nearly 1,620 Bitcoin through a series of unknown wallets less than two weeks after it did the same with over 24,000 BTC. Source link

Nigeria arrests nearly 800 in raid on crypto pig butchering hub

Nigeria’s anti-corruption agency arrested 792 suspected to be involved in a crypto romance scam scheme based out of the country’s largest city. Source link

Trump team seek ways to slim or abolish banking regulators: WSJ

Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report. Source link

Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks

A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions. Source link

Australia fines Kraken operator $5M for regulatory breaches

Kraken Australia operator Bit Trade must pay $5 million plus the cost of court proceedings after the Federal Court sided with the country’s corporate watchdog. Source link

Bitcoin hits $100K: From pizzas to a Bitcoin national stockpile 

Bitcoin was once worth so little that thousands of BTC were given away for free, but each one is now worth roughly $100,000 and is the most valuable cryptocurrency ever. Source link

Former US Treasury Secretary slams national Bitcoin reserve as ‘crazy’

Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto has been over-regulated.” Source link

Trump names podcaster David Sacks as ‘AI and crypto czar’

Donald Trump has appointed David Sacks, known for co-hosting the “All In” podcast, as his chief AI and crypto adviser. Source link

Mt. Gox moves $2.4B in Bitcoin just after BTC surges past $100K

Long-bankrupt crypto exchange Mt. Gox moved over 24,000 Bitcoin to an unknown address after the cryptocurrency rose above $100,000. Source link