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Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs
3.11.2021
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval
US Senator submits resolution too allow crypto payments in US Capitol Complex
3.11.2021
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants
Laotian govt budget expected to gain $194M from crypto miners by 2022
2.11.2021
Lawmakers reportedly plan to use the extra revenue for “priority programs,” including paying down the national debt and responding to the pandemic
Miami mayor plans to accept first paycheck entirely in Bitcoin
2.11.2021
The mayor said he preferred to use an app like Bitwage or Strike rather than having the local government concert his fiat paycheck into crypto
US Treasury report says stablecoin legislation is 'urgently needed' to address risks
1.11.2021
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Law Decoded: Sketching the boundaries of regulatory mandates, Oct. 25 – Nov. 1
1.11.2021
U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets
Elon Musk’s Warning About Government Spending and Unrealized Gains Tax Proposal Highlights Benefits of Bitcoin
1.11.2021
A warning by Tesla and Spacex CEO Elon Musk about the mounting national debt in the U.S., government spending, and the proposal to tax unrealized capital gains has highlighted the benefits of cryptocurrencies, particularly bitcoin. Elon Musk Says ‘Spending Is the Real Problem’ Tesla...
US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation
29.10.2021
The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra
No Plans to Make US Dollar Sole Currency, Zimbabwean Finance Minister Calls Idea ‘Suicidal’
29.10.2021
The Zimbabwean Finance Minister, Mthuli Ncube, recently told business leaders that he is not planning to make the U.S. dollar the country’s sole currency again. Government Focused on Strengthening Local Currency Instead of entertaining those calling for the dollarization of the Zimbabwean...
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
29.10.2021
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next...
Australian securities regulator issues guidelines for crypto ETPs
29.10.2021
The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody
Russian crypto market worth $500B despite bad regulation, says exec
29.10.2021
Many crypto exchanges with Russian roots have fled the country or operate illegally, Blockchain Life's founder said
Cardano’s Charles Hoskinson Signs Memorandum With Burundi Government, Agreement Questioned
29.10.2021
Cardano founder Charles Hoskinson recently confirmed he had signed a memorandum of understanding (MOU) with the government of Burundi. This MOU agreement is Hoskinson’s first major preliminary agreement he has secured since kickstarting Cardano’s African tour in mid-October, 2021....
Central Bank of Sri Lanka completes proof-of-concept KYC platform
29.10.2021
Sri Lanka’s recent economic uncertainty seems to be the driving force behind its interest in cryptocurrency and the government's new exploration into KYC technology
Indian government is reportedly considering regulating crypto as a commodity
28.10.2021
Officials from India's Finance Ministry said any potential law on cryptocurrencies would likely come around the time the government submits the Union Budget of India in February
Fortnite Boss Slams Billionaire Tax He Doesn't Seem To Fully Understand
28.10.2021
Surprise, surprise, Epic Games founder, Tim Sweeney, is not a fan of the new billionaire tax being proposed in Congress at the moment. The CEO of the company, which prints money thanks to Fortnite, said the tax would possibly “end founder control” of Epic Games, calling into question whether...
El Salvador Buys More Bitcoin: 420 BTC Added to Treasury
28.10.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth more than $68 million. El Salvador’s Bitcoin Holdings Grow El Salvador has bought the dip again...
Indian Crypto Regulation Is Planned for February: Report
28.10.2021
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....
Biden's pick for CFTC chair wants the agency to be a 'beat cop' with the authority to oversee 60% of digital asset market
27.10.2021
Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins