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CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...

Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

8.4.2023
Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State...

Binance.US unable to find bank partners in the United States: Report

8.4.2023
The United States arm of global crypto exchange Binance has been facing challenges in establishing a new bank partner

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...

Robert Kennedy Jr: Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny

8.4.2023
Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that...

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

7.4.2023
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes...

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services

7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...

CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky

7.4.2023
The ECB President admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community

Scaramucci: 'We're through the bear market' as Bitcoin notches up 70% YTD

7.4.2023
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points

New York Regulator Calls Crypto Theories Associated With Signature Bank Closure ‘Ludicrous’

7.4.2023
Adrienne A. Harris, the superintendent of New York’s Department of Financial Services, has branded as “ludicrous” the claims that the closure of Signature Bank was related to its crypto business. Harris insisted that the bank’s “high percentage of uninsured...

DeSantis is right — CBDCs will lead to absolute government control

6.4.2023
From China to Canada, it’s clear that governments around the world are salivating at the prospect of introducing currencies they can manipulate hassle-free

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...

Tether supply hits $80B for the first time since May 2022 — stablecoin rivals stumble

6.4.2023
Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins

New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto Activities – Bullish for the Industry?

6.4.2023
The idea that the closure of Signature Bank was in any way an attempt to target the crypto sector is “ludicrous,” the Superintendent of the New York Department of Financial Services (NYDFS) has said.... Read More: New York Finance Regulator Clarifies: Signature Bank Shutdown Unrelated to Crypto...

Saxo Bank’s March 2023 Report Shatters Records: Best Month Since 2020!

6.4.2023
Saxo Bank has published its report for March 2023, revealing that it has been the best month since March 2020. Not just March 2020, but it turns out that the numbers have been good in comparison to the previous few months as well. Foreign exchange volume was on the lower side till February 2023....

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...