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House Committee Unanimously Passes Pro-Blockchain Bill

7.12.2023
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entails According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to...

Residents of Swiss City of Lugano to Pay Taxes With Bitcoin

7.12.2023
Citizens of the Swiss city of Lugano can now settle their tax bills and other community fees with bitcoin and the stablecoin tether. By adding crypto to payment options, Lugano joins three other Swiss cities and cantons which already accept crypto payments. Accelerating the Use of Bitcoin The Swiss...

JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin

7.12.2023
Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC).  Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...

Belarus Wants to Use Its CBDC to Evade Sanctions

6.12.2023
Source: christophe/Adobe Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners. Per Belarus’ Ekonomicheskaya Gazeta, President Alexander Lukashenko could issue a CBDC-related verdict in the coming days....

Tether Blacklists Over 30 USDT Wallets

4.12.2023
Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted addresses had received $161 million from Whitebit,...

Bitcoin Buyer Review – Scam or Legitimate Trading Platform?

4.12.2023
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Bitcoin Buyer gives investors a vision of a future world where Bitcoin reigns supreme. “People, governments, and corporations will use it equally”, the website says. To get users...

Chinese Firms Can Now Make Digital Yuan Housing Fund Payments

4.12.2023
Chinese firms can now use the digital yuan to pay into employee housing funds, as the nation’s banks look for new CBDC applications. Per the Guangzhou Daily (via the Guangzhou government’s website), the Guangzhou Housing Provident Fund Management Center has “launched digital yuan remittance...

Circle Partners With SBI Holdings to Launch USDC in Japan

29.11.2023
Circle, a payment services company, and SBI Holdings, a conglomerate of financial companies, have partnered to bring liquidity services for the use of USDC, one of the largest stablecoins in the cryptocurrency market, to Japan, and promote the local use of stablecoins in the Web3 industry. Circle...

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