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6 Malaysians Charged With Kidnap of Chinese National; Demanded $1M USDT
15.8.2024
According to the latest report by Caixin, six Malaysian nationals face serious charges for allegedly kidnapping a Chinese…
Malaysian kidnappers abducted Chinese man for $1M USDT: Report
15.8.2024
Six Malaysian nationals, including a couple, have been charged with kidnapping a Chinese citizen and demanding a ransom of $1 million in Tether (USDT)
Malaysian Police Hunt 4 Suspects in Kidnapping Case Involving $1.2M Crypto Ransom
13.8.2024
Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed that three men and a woman remain at large, while...
Kyrgyz Republic proposes digital som legislation, CBDC launch by 2027
9.8.2024
The small Central Asian country is currently taking public comments on its framework legislation
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
7.8.2024
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national currencies without changing economic management practices. People often lose confidence in a currency when a central bank excessively prints money...
Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show
5.8.2024
The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jason Leopold show that, even though it...
Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto
4.8.2024
Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent”...
Trump floats paying off $35T national debt using Bitcoin
3.8.2024
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway inflation
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
BlackRock's tokenized BUIDL fund has paid $7M in dividends since March
1.8.2024
According to researcher Tom Wan, tokenized United States Treasury funds could see $3 billion in capital investment by the end of 2024
Senator Lummis Drafts Bitcoin Act to Slash National Debt by Half!
1.8.2024
To combat the rapidly growing national debt and establish America as a powerhouse for financial technology, U.S. Senator Cynthia Lummis has officially introduced in the United States Senate today its plans to inaugurate the Boosting Innovation, Technology and Competitiveness through Optimized...
US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile
1.8.2024
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency...
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
31.7.2024
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country
US Debt Crisis Deepens as National Debt Surpasses $35 Trillion
30.7.2024
The U.S. national debt has exceeded $35 trillion, highlighting the country’s severe fiscal challenges as debates over taxes and spending continue. The Congressional Budget Office forecasts the debt could surpass $56 trillion by 2034, driven by rising expenditures and interest costs outpacing...
US national debt passes $35T — 5 Things to know in Bitcoin this week
29.7.2024
Bitcoin bulls demand a rematch with final resistance below all-time highs to start the week as BTC price upside puts $70,000 back in play
Senator Lummis Proposes Bitcoin Strategic Reserve Bill to Bolster US Economy
28.7.2024
At the Bitcoin 2024 conference, Republican U.S. Senator for Wyoming, Cynthia Lummis, introduced the “Bitcoin Strategic Reserve Bill” aimed at establishing a strong bitcoin reserve to mitigate the national debt and strengthen the economy. The bill proposes converting federal assets...
U.S. Senator Lummis Proposes the U.S. Buy 1M Bitcoin to Reduce National Debt
27.7.2024
RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President
27.7.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of...
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
27.7.2024
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws...
Foreign crypto miners could be spying on US bases: Elizabeth Warren
26.7.2024
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.”