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US House Passes Central Bank Digital Currency Anti-Surveillance State Act
24.5.2024
The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill protects American values of privacy and individual...
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
24.5.2024
Now-failed Heartland Tri-State Bank CEO Shan Hanes squandered millions in cryptocurrency, leading to the bank’s failure in July 2023.
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Former Bank CEO Pleads Guilty to Embezzling $47M to Buy Crypto, Leading to Bank Collapse
24.5.2024
Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from the Elkhart-based bank to cryptocurrency accounts....
CBDC Anti-Surveillance State Act passes US House in partisan vote
23.5.2024
The potential misuse of the CBDC technology trumped arguments about innovation or even good legal drafting
Florida Court Grants Relief to Binance.US, Suspension Overturned
23.5.2024
A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively means Binance can now resume operations there.
The post Florida Court Grants Relief to Binance.US, Suspension Overturned appeared first...
Policymakers Are Back at Consensus 2024
22.5.2024
This week, the U.S. Securities and Exchange Commission might approve spot ether exchange-traded funds (ETFs), the House of Representatives may vote in favor of a crypto market structure bill, the company behind a decentralized exchange is arguing with the SEC, and that's all just in the U.S. All...
Veteran US Bank State Street Opens Search for Digital Assets Head
20.5.2024
State Street, the second-oldest bank in the US, is actively searching for a leader for its digital assets solutions team. It seeks an innovative thinker with comprehensive knowledge of digital asset technology and substantial institutional expertise.
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Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments
17.5.2024
The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong.
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Oklahoma Enacts Watershed Bitcoin Rights Law Protecting Self-Custody Wallets
16.5.2024
Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of new law HB3594 focused on preserving fundamental Bitcoin rights. News of the state's new law comes amidst the U.S. government's crackdown on self-custody wallets, prompting outrage in...
Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma
15.5.2024
Wisconsin Pioneers State-Level Bitcoin Investment in the U.S.
15.5.2024
In a landmark move, Wisconsin has become the first U.S. state to invest in bitcoin, underscoring the growing institutional interest in cryptocurrencies. The State of Wisconsin Investment Board, which manages over $156 billion in assets, purchased 94,562 shares of Blackrock’s Ishares Bitcoin Trust...
Crypto's Election Season Is Kicking Off
15.5.2024
The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise holding – or have held – elections this year. Some candidates and lawmakers have already addressed crypto, whether appealing to the industry or just commenting on the technology....
State of Wisconsin reports $164M investments in spot Bitcoin ETFs
14.5.2024
The entity responsible for managing assets in the state’s pension system reported it held millions of shares of the BlackRock iShares Bitcoin Trust and Grayscale Bitcoin Trust
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
14.5.2024
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million
What's the state of Switch, leading into 'Switch 2'?
13.5.2024
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China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
13.5.2024
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds
9.5.2024
A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital...
Argentina Energy Provider Seals New Bitcoin Mining Deal
9.5.2024
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.
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The Crypto Lawsuit State of Play
8.5.2024
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...
State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
8.5.2024
On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology.
The post State-owned German Bank Set...