Bitcoin News / Bitcoin.com - 2 years ago
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulatin...
Bitcoin News / Bitcoin.com - 2 years ago
PRESS RELEASE. 10SecLabs, a leading force in the blockchain incubation landscape, has taken a significant investment leap into the innovative Metagalaxy Land project. This development comes ahead of Metagalaxy Land’s much-anticipated Metaverse...
Bitcoin News / Bitcoin.com - 2 years ago
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the ci...
Bitcoin News / Bitcoin.com - 2 years ago
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the di...
Bitcoin News / Bitcoin.com - 2 years ago
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility within the city of Zliten, local reports detail. Cryptocurrency mining is strictly prohibited by law...
Bitcoin News / Bitcoin.com - 2 years ago
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of U.S. political and business figures. The man is also responsible for the theft of large amounts of cry...
Bitcoin News / Bitcoin.com - 2 years ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, the International Monetary Fund (IMF) reports interest in central bank digital currencies (CBDC) in Latam and...
Bitcoin News / Bitcoin.com - 2 years ago
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming J...
Bitcoin News / Bitcoin.com - 2 years ago
The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quarters of the jurisdictions are...
Bitcoin News / Bitcoin.com - 2 years ago
The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short of the 21% that some analysts...
Bitcoin News / Bitcoin.com - 2 years ago
Satoshi Nakamoto, a captivating figure in the world of cryptocurrencies, remains an enigma, intriguing both crypto enthusiasts and experts. Numerous individuals have stepped forward over the years, proclaiming themselves as the elusive creator of Bit...
Bitcoin News / Bitcoin.com - 2 years ago
On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while ethereum has risen over 10% again...
Bitcoin News / Bitcoin.com - 2 years ago
Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman “received millions of dollars of payments from his law firm” which had a vested interest in a well-known 2018 speech given by the t...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level since...
Bitcoin News / Bitcoin.com - 2 years ago
Veteran trader Peter Brandt recently branded BTC as a legacy coin that will ultimately outlast and outperform all “make-believe cryptos wannabees.” Some non-bitcoin maximalists have said the veteran trader’s remarks about...
Bitcoin News / Bitcoin.com - 2 years ago
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two majo...
Bitcoin News / Bitcoin.com - 2 years ago
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted efforts of BRICS countries suc...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise the issue of de-dollarization...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has shared a very simple way of telling whether an economy is in a recession. “There is a lot of hot air about ‘Are we in a recession or not.’ The answer is simple,” the famous author claimed.
Robe...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange. “Binance’s...
Bitcoin News / Bitcoin.com - 2 years ago
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization pu...
Bitcoin News / Bitcoin.com - 2 years ago
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest...
Bitcoin News / Bitcoin.com - 2 years ago
The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the f...
Bitcoin News / Bitcoin.com - 2 years ago
With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will becom...
Bitcoin News / Bitcoin.com - 2 years ago
Bitcoin jumped to a one-year high to start the weekend, as the token climbed above $31,000 late on Friday night. After starting the month mostly in the red, prices have strongly rebounded this past week, rising by as much as 15%. Additionally, ethere...