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Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
1.5.2023
Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks
1.5.2023
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal...
What the Gensler hearing means for US crypto regulation and policy
1.5.2023
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity
Liechtenstein adapts blockchain laws to developing crypto landscape
1.5.2023
Future regulation is intended to ensure uniform regulation for all European countries and covered participants
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
1.5.2023
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing crypto in foreign trade transactions, he indicated....
US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’
30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...
US Government in Talks to Rescue Struggling First Republic Bank, Sources Say
28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...
Chinese Yuan Overtakes US Dollar as Most Used Currency to Settle Cross-Border Payments in China
27.4.2023
The Chinese yuan is now China’s most used currency for cross-border settlements. According to official data from the State Administration of Foreign Exchange, the Chinese yuan rose to be the most-used currency in March over the U.S. dollar, in a push from the Beijing government...
Bitcoin Price Prediction as Rumors Emerge Regarding the US Government and Bitcoin Wallets – What's Going On?
27.4.2023
The crypto community is abuzz with speculation as rumors circulate about the US government's potential involvement with Bitcoin wallets. These whispers have left many wondering how this development could impact the price of Bitcoin and the overall market.
In this Bitcoin price prediction, we will...
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
27.4.2023
Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators
Utah DAO Act: How the law was made and what it means for decentralized business
27.4.2023
How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way
South Korea’s sweeping crypto bill passes first regulatory hurdles
26.4.2023
Legislators in South Korea passed a first phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations
US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%
26.4.2023
In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors...
SEC’s war on crypto: How far will it go?
26.4.2023
The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission's ongoing crypto crackdown, its rationale, and the potential outcome
UK pledges nearly $125M to create "safe AI" taskforce
26.4.2023
The U.K. Prime Minister and Technology Secretary released a statement announcing £100 million in funding ($ 124.8 million) to support a taskforce for development of “safe AI.”
Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
26.4.2023
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market
EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
25.4.2023
Europe's Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
24.4.2023
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study
OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI
24.4.2023
The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence
Romania plugs into Web3 with national NFT marketplace
24.4.2023
Romania’s Informatics Institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors