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Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation
6.10.2021
The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry....
Mr.Wonderful’s crypto allocation is now larger than his gold holdings
6.10.2021
Shark Tank star Kevin O’Leary stated that “Crypto for the first time is more than gold for me” and doesn’t see a situation where crypto “goes away” as a result of regulation
Gensler confirms SEC won't ban crypto ... but Congress could
6.10.2021
Representative Tom McHenry believes Gary Gensler’s SEC has disregarded standard practice when going after crypto
Bitcoin price is back at $50K, but exactly how 'bullish' are the bulls?
5.10.2021
BTC's futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet
US lawmaker proposes safe harbor for digital tokens in new bill
5.10.2021
The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that raise funds to build decentralized networks
IMF managing director: 110 countries are 'at some stage' of CBDC development
5.10.2021
Kristalina Georgieva said that stablecoins "fill the digital gap in privately issued money," but labeled Bitcoin and other cryptocurrencies as assets rather than a form of money
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
5.10.2021
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may be able to purchase houses, cars, and even fast food at McDonald’s with cryptocurrency in the near...
Circle reveals cooperation in ongoing SEC investigation
5.10.2021
Circle has published filings revealing it is cooperating with a subpoena from the SEC that it received in July
JPMorgan CEO: Bitcoin Has No Intrinsic Value, Regulators Will ‘Regulate the Hell out of It’
5.10.2021
The CEO of global investment bank JPMorgan, Jamie Dimon, says that bitcoin has no intrinsic value and “regulators are going to regulate the hell out of it.” He emphasized: “If people are using it for tax avoidance and sex trafficking and ransomware, it’s going to...
These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
5.10.2021
Correlation does not imply causation, but these 3 indicators did signal prior to Bitcoin's recent push to $49,000
Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3
4.10.2021
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation
Bitcoin got stronger despite government crackdowns, says Edward Snowden
4.10.2021
The famous whistle-blower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”
Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...
Coinbase Meeting With US Lawmakers to Discuss Crypto Regulatory Proposal
4.10.2021
The Nasdaq-listed crypto exchange Coinbase has been meeting with members of Congress to discuss the cryptocurrency regulation it plans to propose, according to CEO Brian Armstrong. In addition, the company has met with more than 30 crypto firms, four major law firms, and three trade groups about...
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
3.10.2021
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.” Members of Congress Urge...
Joe Biden: US Bringing 30 Countries Together to Stop ‘Illicit Use of Cryptocurrency’
3.10.2021
President Joe Biden says that the U.S. will bring together 30 countries to stop “the illicit use of cryptocurrency.” The United States is “partnering closely with nations around the world” to respond to the cybersecurity threats, Biden further said. US Will Bring...
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
3.10.2021
In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in the Gamestop short squeeze escapade. In recent times, the founder of WSB, Jaime Rogozinski has been behind a new decentralized finance project...
IMF Warns Crypto Boom Poses New Financial Stability Challenges, Urges Regulators to Step Up
3.10.2021
The International Monetary Fund (IMF) warns that the rising popularity of cryptocurrencies poses new challenges to financial stability. “Cryptoization can reduce the ability of central banks to effectively implement monetary policy. It could also create financial stability risks.”...
Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies
2.10.2021
Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto...
Biden Admin weighing bank-like regulation for stablecoin issuers
1.10.2021
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports