Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Senator Lummis has opined that the bill is seeking comments from industry stakeholders so that it can properly reflect the innovations in the crypto space.
El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves
El Salvador has collected over 2,300 Bitcoins since 2021. Even though the county lost more than $50 million with the recent crash, it's finance minister says the risk is extremely minimal.
CAR’s president remains unfazed by the crypto market downturn
The president of Central African Republic hints at his continued support for bitcoin in a tweet despite the negative state of the crypto market.
El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k
Critics take aim at President Bukele as Bitcoin extends losses to sink under $23,000 for the first time since December 2020.
Do Kwon accused of siphoning $80M a month from failed Terra project
Fresh allegations against Do Kwon claim he withdrew hundred of millions of dollars from the Terra ecosystem before its collapse.
New US bill looks to incorporate crypto into the traditional financial system
Senator Cynthia Lummis has introduced a new bill aimed at totally incorporating digital assets into the U.S. financial system.
This U.S. Senate candidate wants to make Dogecoin legal tender in California
Timothy Ursich has urged the chief executive officer of Tesla, Elon Musk, and Dogecoin co-founder Billy Markus, to support his campaign in California.
New U.S. bill to block Google and Apple from hosting apps that accept eCNY
Senators Marco Rubio, Tom Cotton and Mike Braun sponsored a bill to prohibit companies to host software that supports payments in China's new CBDC, the eCNY
US Federal Reserve Vice Chair sees need for a digital dollar
Fed Vice Chair Lael Brainard said that the U.S. needs a CBDC to ensure the country's competitiveness in the global digital financial landscape of the future.
Turkey drafts new bills to increase regulatory oversight of crypto
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).
Portuguese Parliament blocks bill to tax crypto
Two bills intended to introduce taxation for crypto have been rejected by Portuguese Parliament
FTX CEO Sam Bankman-Fried reveals willingness to spend $1 billion to keep Trump away from White House
A $1 billion donation from SBF would place him on-par with mega-donors like the Adelsons, Michael Bloomberg, and the Koch brothers.
44 nations converged to discuss bitcoin in El Salvador: The Davos of crypto?
The current traditional financial system has failed many countries leaving them subservient to the US Dollar, the meeting from 44 countries in El Salvador shows nations want change and see Bitcoin as a opportunity to do so.
China’s Blockchain Services Network promises most of the thrills at a fraction of the cost
China's state-sponsored Blockchain Services Network is due for international roll out this summer. But some express concerns that it could be a spyware tool.
G7 says crypto regulation must be swift and comprehensive
The G7 is advocating for swift and comprehensive regulation to the same standard as the traditional financial system
US Congress introduces record number of crypto related bills
The current sitting of US Congress has introduced over 80 bills related to cryptocurrency, digital assets, blockchain and tokenization since January 2022
French central banker says the G7 plans to discuss crypto regulations
Francois Villeroy de Galhau, the Head of the French Central Bank, claims the upcoming G7 meeting in Germany will see member states discuss crypto regulation, among other issues.