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Russia Open to the Use of Crypto in Foreign Trade Says Central Bank Governor


The Russian Central Bank is discussing the possible use of central bank digital currencies as a payment method in foreign trade, according to Elvira Nabiullina, the bank’s governor. Nabiullina stated that while Russia is opposed to the use of crypto payments in domestic transactions, the country...

Jim Cramer Calls Bitcoin “Technological Marvel,” Says Its “Here To Stay”


Former crypto-skeptic and “Mad Money” host Jim Cramer continued to sing Bitcoin’s praises during a Tuesday morning appearance on CNBC.                             Bitcoin is “here to stay” “This thing – you can’t kill it,” Cramer stated while discussing news of Bitcoin reaching...

Grayscale Updates Bitcoin ETF Prospectus After Discussing with SEC


Grayscale continues efforts to secure regulatory approval for a Bitcoin ETF. Image by Ascannio, Adobe Stock. On Wednesday, digital asset manager Grayscale submitted an updated prospectus to the Securities and Exchange Commission (SEC) for converting its Grayscale Bitcoin Trust into a spot bitcoin...

IRS Holds Hearing on Digital Asset Reporting Regulations Following Pushback


Following massive pushback from the crypto industry, the Internal Revenue Service (IRS) held a public hearing on Monday morning, chiefly discussing their recently proposed digital asset broker reporting regulations. A firestorm of comments Initially filed on August 29th, 2023, the IRS’ proposed...

Fed Reserve Official Michael Barr Calls for Stablecoin Regulation


US regulators are finally discussing the subject of fiat-backed digital assets, popularly known as stablecoins. According to Federal Reserve Vice Chair for Supervision Michael Barr, it’s imperative that stablecoins also fall under the supervisory oversight of the government. Presenting...

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