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American Bankers Association States a CBDC Is ‘Unnecessary’ and Presents ‘Unacceptable Risks’ to the US Financial System

16.9.2023
The American Bankers Association (ABA), an organization that represents banks custodying $18 trillion in deposits and processing $11 trillion in loans, believes that issuing a central bank digital currency (CBDC) in the U.S. is “unnecessary” and would introduce “unacceptable...

What a US government shutdown would do to Bitcoin

15.9.2023
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin

BitGo, Swan unveil plans for Bitcoin-only trust company

15.9.2023
The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF

Binance.US not cooperating with investigation, US SEC says in filing

15.9.2023
SEC said in a court filing that Binance.US has produced only 220 documents during the discovery process many of which were “unintelligible screenshots and documents without dates or signatures.”

Hong Kong retains top crypto-ready position for two consecutive years

15.9.2023
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25

Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains how and why

14.9.2023
This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving

Paul Krugman: ‘The War on Inflation Is Pretty Much Won’ – Claims ‘Remarkable Disinflation’ Occurred

14.9.2023
On Wednesday, Nobel Prize-winning economist Paul Krugman provided a brief analysis of the current economic landscape in the United States. Krugman asserted that the nation has experienced “remarkable disinflation.” According to him, the available data paints a compelling picture, suggesting that...

Former Celsius exec pleads guilty to criminal charges

14.9.2023
Roni Cohen-Pavon, Celsius’ former chief revenue officer, has pleaded guilty to four criminal charges and will be free on bail until a Dec. 11 sentencing hearing

Genesis announces winding down of crypto trading services

14.9.2023
In January, Genesis Global Capital announced it would eliminate its crypto spot trading services “voluntarily and for business reasons” without additional details

House Financial Services Comm. witnesses air multiple anti-CBDC arguments

14.9.2023
The digital assets subcommittee heard from five opponents of a U.S. CBDC without giving supporters equal (or any) time

Bitwave acquires crypto accounting platform Gilded

14.9.2023
Bitwave announced the acquisition of Gilded to enhance accounting and enterprise solutions amid improving accounting and tax clarity in the United States

Liquidation cascade puts crypto market into shock: Report

14.9.2023
Venture capital inflows decreased 42.7% as derivatives saw one of the largest liquidation events in crypto

Wyoming stablecoin: Are state digital currencies even possible?

14.9.2023
The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming

Bitcoin, Ethereum Technical Analysis: BTC Hovers Near 2-Week High, Ahead of US Retail Sales Report

14.9.2023
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier...

Onecoin Co-founder Karl Sebastian Greenwood Sentenced to 20 Years in Prison

14.9.2023
One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen...

Bitcoin, Ethereum Technical Analysis: BTC Above $26,000 Ahead of US Inflation Report

13.9.2023
Bitcoin moved above the $26,000 level on Wednesday, ahead of the upcoming inflation report in the United States. Consumer prices for August are expected to come in at 3.6%, up from 0.4% the month prior. Core inflation on the other hand is forecasted to fall to 4.3%, from 4.7% in July. Ethereum...