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Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin


Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin. The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews

Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns


On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against...

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF


The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley...

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