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Bank of Uganda Reportedly Commences CBDC Study
11.3.2022
The Bank of Uganda (BOU) has commenced a study that explores the feasibility of issuing a digital currency. However, an executive with the institution warned that the central bank needed to be clear why it must have this in the first place. Faster Movement of Money The Ugandan central bank...
Biden’s Executive Order Could Integrate Crypto Regulations
11.3.2022
On the 10th of March, the Biden Administration released the much anticipated executive order on cryptocurrencies within the country. The order reportedly covered many aspects of cryptocurrencies, including their regulations, sustainability, and security. However, what caught the attention of...
Thailand Approves Tax Relief Measures for Crypto Trading
11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...
Cornell Professor: Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy
11.3.2022
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations provide to the industry is legitimacy,” said the professor. Cornell Professor...
Executing on Biden's Crypto Executive Order
10.3.2022
Coordinating a "whole-of-government" approach will be difficult
Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development
10.3.2022
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Bitcoin, Ethereum Technical Analysis: Crypto Prices Fall Lower as Markets Continue to Digest Biden’s Executive Order
10.3.2022
Less than 24 hours after U.S. President Biden’s executive order, cryptocurrency markets were back in the red, as the global market cap fell by over 5%. Bitcoin was once again trading below $40,000, with ETH hovering marginally above $2,500. Bitcoin As the smoke clears following...
Crypto Community is Divided on Biden’s Crypto Executive Order
10.3.2022
American crypto traders and investors are likely to face a new raft of regulations after the United Stated President Joe Biden issued an Executive Order entitled: “Ensuring Responsible Development of Digital Assets.” The document seeks to create a framework of stricter and – some argue – more...
Crypto-related stocks jump in positive reaction to executive order
10.3.2022
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
10.3.2022
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious...
First Mover Asia: Signs Point Upward for Crypto in India and Korea; Bitcoin and Ether Soar on US Executive Order
10.3.2022
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development
Regulators and industry leaders react to Biden‘s executive order on crypto
9.3.2022
"The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.," said Circle CEO Jeremy Allaire
Market Wrap: Cryptos Rise After Biden's Executive Order; Sentiment Still Mixed
9.3.2022
Bitcoin (BTC) and other cryptos traded higher on Wednesday after U.S. President Biden's executive order did not impose new regulations on the industry (for now). Ethereum (ETH) underperformed. And volatility is rising, keeping option traders busy
Crypto Miners to Benefit From Biden’s Executive Order: Jefferies
9.3.2022
The investment bank reiterated buy ratings for Argo Blockchain and Marathon Digital following this morning’s action by the White House
Technical Analysis: LUNA Hits New High, as Biden Signs Crypto Executive Order
9.3.2022
LUNA hit a new all-time high, as markets reacted to news that U.S. president Joe Biden had signed an executive order on cryptocurrencies. Biden wants his government to examine the “risks and benefits” of crypto, news of which sent the likes of NEAR and ANC almost 20% higher. Terra...
Biden’s Executive Order on Crypto Met With Relief From Key Industry Players
9.3.2022
The crypto industry breathed a sigh of relief Wednesday as U.S. President Joe Biden finally unveiled his hotly anticipated executive order on crypto
Here's the Full Text of Biden's Executive Order on Cryptocurrency
9.3.2022
"We must support technological advances that promote responsible development and use of digital assets," the president says
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities
9.3.2022
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach...
Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market
9.3.2022
Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too....
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Trader gives $44K BTC price target as Bitcoin shrugs off executive order 'nothingburger'
9.3.2022
Major concerns over U.S. regulatory moves dissipate, with forecasts still mixed on how Bitcoin will handle short timeframes