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Bridgewater’s Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes ‘Really Successful’
16.9.2021
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, believes that if bitcoin is “really successful,” the regulators will “kill it,” reiterating his previous concerns of governments banning cryptocurrencies. Nonetheless, he sees...
Protesters burn Bitcoin ATM as part of demonstration against El Salvador president
15.9.2021
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”
NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
15.9.2021
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General...
HOGE Announces Collaboration With the DeFi Angels
15.9.2021
The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could...
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70
15.9.2021
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future....
Fidelity lobbies SEC to approve Bitcoin ETF in private meeting
15.9.2021
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards
Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
15.9.2021
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using...
Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
15.9.2021
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission...
Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds
14.9.2021
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer...
2 key Ethereum price metrics back traders’ confidence in $3,800 ETH
14.9.2021
ETH’s 90-day annualized premium and the funding rate on perpetual futures signal that traders are confident the altcoin will recapture the $3,800 level
Sen. Warren goes after Ethereum network fees in committee hearing
14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren
President Biden announces picks to fill CFTC vacancies
14.9.2021
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote
Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers
14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...
US lawmakers propose adding digital assets to 'wash sale' rule and raising capital gains tax
13.9.2021
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users
SEC chair doubles down, tells crypto firms 'come in and talk to us'
13.9.2021
"Under our laws they have to register with the Commission unless they qualify for an exemption," said Gary Gensler
Law Decoded: Hodling like a state
13.9.2021
El Salvador's effects, Coinbase's woes, and the digital euro's prospects
US Treasury reportedly in talks for stablecoin regulation
13.9.2021
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once
US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry
13.9.2021
The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins...
Indian crypto exchanges prepare ad blitz for festive season
13.9.2021
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season