Search
Just Saying No to Digital Dollars Means Cementing the Surveillance Status Quo
23.3.2023
Political attacks on CBDCs gives a pass to existing government and commercial oversight of financial transactions, says Christopher Giancarlo, cofounder of the Digital Dollar Project
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...
In Defense of a Digital Dollar
22.3.2023
Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar
Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar
22.3.2023
The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
22.3.2023
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher...
French lawmakers propose ban on crypto influencer promotions
22.3.2023
According to the proposal, individuals caught violating these prohibitions could face a two-year prison sentence and a 30,000 euro fine
Průzkum Česko.Digital: Vize digitalizace chybí, plány jsou nesrozumitelné a špatně se nasazují
22.3.2023
Organizace Česko.Digital připravila průzkum klíčových akterů české společnosti v tématu digitálních technologií (PDF). Ptala se vědců, politiků, firem, novinářů a zástupců státního a neziskového sektoru. Průzkum shrnuje jejich postoje ohledně digitalizace. Závěr: digitalizaci brzdí absence jednotné...
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
22.3.2023
According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make...
New White House Report Slams Digital Asset Industry – Regulation Incoming?
22.3.2023
The digital asset industry has been slammed in a new report published by the White House, with many now fearing that even stricter regulations will be introduced in the US....
Read More: New White House Report Slams Digital Asset Industry – Regulation Incoming?
GOP Sen. Ted Cruz Proposes Ban on a CBDC
22.3.2023
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis
IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners
22.3.2023
NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets.
The central proposal is to treat NFTs in the same way as collectibles such as fine wine, art, or stamps according to the document published by the US Internal...
Crypto Exchange Bitget Invests $30M in Digital Wallet BitKeep
22.3.2023
Singapore-based crypto exchange Bitget has invested $30 million in decentralized multi-chain wallet BitKeep to become its controlling stakeholder, according to a press release
Chinese Employees Pay Social Insurance Fees, Taxes with Digital Yuan – Is CBDC Adoption on the Rise?
22.3.2023
A growing number of Chinese employees and firms can now use the nation’s Central Bank Digital Currency (CBDC) – the digital yuan – to pay their social insurance premiums and taxes.
Per reports from the Chinese media outlets JS China and NH News, citizens in Lianyungang and other cities in...
Crypto Exchange Luno Rejigs Leadership Roles as It Seeks to Boost Investor Base, Eyes Public Listing
22.3.2023
CEO Marcus Swanepoel is moving into a new role as executive chairman, and COO James Lanigan has been promoted to CEO
US Senator Ted Cruz tries again with new bill to block CBDC
22.3.2023
Ted Cruz said it is “more important than ever” to ensure the financial privacy of American citizens is preserved
Biden Administration’s Economic Report Deems Crypto Assets ‘Mostly Speculative Investment Vehicles’
22.3.2023
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that...
Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
21.3.2023
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s...
Crystal Blockchain Study Reveals $16.7 Billion in Crypto Assets Stolen Since 2011
21.3.2023
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011....
Marta Belcher: Reframing Privacy for the Digital Age
21.3.2023
Somehow we accept that financial transactions get turned over to the government by default without a warrant, says civil liberties lawyer Marta Belcher, a speaker at this year's Consensus festival
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply
21.3.2023
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers...