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Greg Abbott invites BTC miners to help bolster Texas’ electrical grid
Texas Governor Greg Abbott has invited Bitcoin (BTC/USD) miners to set up shop in the state with hopes that they will help stabilize the Texan electrical grid. A report unveiled this news on January 27, noting that he invited dozens of crypto deal makers to his mansion in Austin last year to discuss this idea. дальше »
2022-1-30 00:57
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Trump family discovers TrumpCoin; Plans to take legal action
The family of former US President Donald Trump has discovered a meme coin associated with its name. Eric Trump discovered the token dubbed TrumpCoin (TRUMP) on January 24 and posted a tweet to warn investors against investing in the coin, seeing as it has nothing to do with his family. дальше »
2022-1-27 20:33
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Bitcoin is ‘a tool for social justice’: ex-Fed official
Communities can now create wealth and move towards financial freedom by investing in Bitcoin,… The post Bitcoin is ‘a tool for social justice’: ex-Fed official appeared first on Coin Journal. дальше »
2022-1-16 15:08
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Top US crypto firms join the TaxBit network to offer users free tax forms
TaxBit, a crypto tax compliance firm, launched the TaxBit Network today with hopes that it will help democratize crypto tax calculations and tax forms by offering necessary reporting data. A report unveiled this news noting that the company seeks to unite leading crypto companies and offer their users free 2021 tax forms. дальше »
2022-1-12 23:20
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US Congress Set To Have An Oversight Hearing On The Environmental Impact Of Bitcoin Mining
Congress may hold hearings on the environmental effects of Bitcoin mining soon. This happens amid concerns about developments in New York. Energy usage concerns continue to plague the primary digital asset. дальше »
2022-1-8 23:29
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Markets Wait For Powell’s Put
Stocks are on edge. Half of all stocks traded on Nasdaq are down 50%. The index itself has lost 5% this week, and is down 5.6% year to date. A... дальше »2022-1-7 19:56
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US regulatory focus on crypto will spike in 2022, says WEF’s Sheila Warren
China was at the forefront of a crackdown on Bitcoin mining and crypto trading… The post US regulatory focus on crypto will spike in 2022, says WEF’s Sheila Warren appeared first on Coin Journal. дальше »
2021-12-28 14:12
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Senator Cynthia Lummis seeks to propose new crypto regulations
Senator Cynthia Lummis, Wyoming’s Representative and a member of the Senate Banking Committee, is planning to introduce a bill that would change the legislative and regulatory landscape for digital assets. дальше »
2021-12-26 21:18
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US Companies Are Using Cryptocurrencies To Entice Users And A Younger Workforce
Companies in the US are employing new strategies to get ahead of the curve. The new strategy involves using cryptocurrencies as incentives to attract new staff and clientele. Crypto adoption is at an all-time high as retail and institutional investors are wading into the market. дальше »
2021-12-23 19:00
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FTX CEO says crypto doesn’t need oversight that ‘gums’ the industry
FTX chief executive officer, 29-year old Sam Bankman-Fried says that the US would do… The post FTX CEO says crypto doesn’t need oversight that ‘gums’ the industry appeared first on Coin Journal. дальше »
2021-12-21 18:28
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Dogecoin community backs Elon Musk in bashing the US government
Tesla’s stock has been on a decline after the US government demanded the company to pay $11 in taxes in 2021. While the US government was not happy with getting the massive amount of money from the company, the crypto community was quick to reciprocate the support it got from the American businessman. дальше »
2021-12-21 20:53
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DeSantis Comes Out as Bitcoiner
The governor of Florida Ronald Dion DeSantis has effectively come out as a cryptonian in one of the biggest political win for this space since the French finance minister waved... дальше »2021-12-17 18:44
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Bitcoin Dives as Inflation Jumps to a Four Decade High
A seemingly recovering bitcoin has suddenly dived again to just below $48,000 in a move that coincided with the release of the latest data on the consumer price index (CPI).... дальше »2021-12-11 19:25
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Former OCC Head Brian Brookes Says The US Is Behind The Curve On Cryptocurrency, Blames The SEC For It
Brian Brooks, ex-CEO of Binance.US has blamed the SEC for the US lagging in cryptocurrency adoption. He blamed the mass migration of creators out of the US because of stifling regulations. Six top cryptocurrency CEOs met with Congress on Wednesday in a hearing that lasted over 5 hours. Brian Brooks has bared his mind on […] дальше »
2021-12-10 19:24
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Crypto executives tell Washington that the sector is here to stay
Today, six executives from different crypto companies went to Washington to testify before the House Committee on Financial Services. These include Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of Coinbase Global Inc. дальше »
2021-12-10 00:51
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Robinhood’s Chief Legal Officer says regulation is not due any time soon
Dan Gallagher, the Chief Legal Officer at Robinhood, believes the US government will not form a regulatory framework for the crypto space anytime soon. He said this during an interview earlier today while discussing the likely outcome of six crypto executives testifying before lawmakers at Capitol Hill. дальше »
2021-12-10 00:40
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Anthony Scaramucci says he expects Mama Bear regulations for crypto
Anthony Scaramucci, the founder of SkyBridge Capital, has come out to say he expects the US to come up with Mama Bear regulations for the crypto space. He said this during an interview while discussing what he expects to come out of six crypto executives giving testimonies before the House Committee on Financial Services later […] The post Anthony Scaramucci says he expects Mama Bear regulations for crypto appeared first on Invezz. дальше »
2021-12-10 19:52
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David Marcus, The Latest Top Executive To Leave Meta/ Facebook’s Crypto Project
Another one bites the dust. David Marcus stepped down as the head of Novi, Meta/ Facebook’s fintech division. The company’s first order of business was to create a cryptocurrency, but regulators around the world were not keen on the idea. дальше »
2021-12-2 06:35
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El Salvador’s Pro-Crypto President Bukele Criticizes The US Treasury For Uncontrolled Money Printing
El Salvador’s President Bukele cannot still get his head around the fact that the U.S. treasury keeps printing more money despite the ballooning inflation. Commenting on the FED’s Jerome Powell’s defense of his “transitory inflation claims” in a Senate Banking Committee hearing on Tuesday, the pro-crypto president expressed his distaste for how the Powell administration […] дальше »
2021-12-2 22:35
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Grayscale Prepares to Sue SEC Over Spot Bitcoin ETF
The Grayscale Bitcoin Trust, which holds $38 billion worth of bitcoin as shown above, has sent a pre-action letter to SEC arguing their decision to allow a futures ETF, but... дальше »2021-12-2 19:37
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US Regulators Release ‘To-Do List’ For Cryptocurrencies In 2022 — Here’s What They Are Focusing On
US regulators have released a blueprint to guide the conduct of cryptocurrency market participants in 2022. The guidelines place a focus on banks as they look to provide cryptocurrency offerings to their clients. дальше »
2021-11-28 17:57
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The IRS Is Looking To Seize Billions Of Dollars Worth Of Cryptocurrency In 2022
Cryptocurrencies were this year a major method of avoiding taxation in the United States according to an annual report published by the Internal Revenue Service. The IRS said it has confiscated $3.5 billion worth of cryptocurrencies linked to tax fraud, and the amount makes up 93% of all assets confiscated this year so far. “I […] дальше »
2021-11-21 19:43
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Bitcoin Rises After Hillary Clinton Comments
Bitcoin has risen to $58,700 at the time of writing from a recent low of $55,600 in a bounce or reversal that coincides with Hillary Clinton, the former Secretary of... дальше »2021-11-21 19:01
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Hillary Clinton says crypto could subvert the dollar and ruin nations
Former Democratic presidential candidate Hillary Clinton believes cryptocurrencies are very interesting and exotic. However, she claims the nascent asset class has the potential to undermine the role of the US dollar as a reserve currency. дальше »
2021-11-22 15:08
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Changpeng Zhao says Binance.US expects new funding in under two months
Binance. US is inching closer to getting hundreds of millions of dollars in a new funding round. Changpeng Zhao (CZ), the founder and CEO of Binance, disclosed this news today during the Bloomberg New Economy Forum in Singapore. дальше »
2021-11-21 20:30
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10 US Congress Members Say Current Crypto Tax Rules Can Kill Industry Innovation
10 members of the US Congress have voiced their dissatisfaction with the Infrastructure Investment and Jobs Act. The group expressed their dissatisfaction with the legislation in a strongly worded letter to the Speaker of the House of Representatives A part of the law is widely believed to have unfair negative effects on the cryptocurrency industry. […] дальше »
2021-11-18 17:05
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This Crypto Group Is On The Cusp Of Buying The United States Constitution
ConstitutionDAO, a new decentralized autonomous organization, is raising funds to bid for a rare copy of the US Constitution. This official and rare copy of the US Constitution will be auctioned off on November 18 by Sotheby’s. дальше »
2021-11-15 16:30
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Bitcoin Futures Safer Than Spot Says SEC
The United States’ Securities and Exchanges Commission (SEC) has overturned long held investment advice that derivatives, like futures, are riskier than holding the actual asset. In a decision on a... дальше »
2021-11-14 17:34
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What’s a better buy? Tesla stock or Bitcoin
On Monday, Tesla Inc. (NASDAQ:TSLA) shares edged lower 2. 75% after Elon Musk ran a poll on Twitter asking his followers whether to sell 10% of his TSLA stock and use the proceeds to buy bitcoin (BTC/USD). дальше »
2021-11-9 23:15
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3 Things Expected From New York’s Latest Crypto-Friendly Mayor, Eric Adams
New York just got its latest Mayor, ending the reign of the outgoing mayor, Bill de Blasio who himself will be looking to take up the city’s governorship position in 2022. Adams, who strode to victory on the wings of the Democrat party — New York’s predominant party, has promised to fight crime, tackle COVID-19, […] дальше »
2021-11-7 17:40
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Most Americans Quit Low Paying Jobs After Gaining Crypto Wealth, New Survey
Approximately 6 million people (4% of 167 million in the workforce) in the US have quit their jobs after making more money from cryptocurrency investments than from their low-income jobs, according to a new survey by intelligence firm Civic Science. дальше »
2021-11-6 02:14
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JPMorgan sees BTC at 146K; Cites increasing use as an inflation hedge
Leading American investment bank JPMorgan Chase has doubled down on its prediction for Bitcoin (BTC/USD), the largest crypto by market capitalization. The bank believes that BTC will soar as high as $146,000. дальше »
2021-11-5 16:32
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The US Interagency Report On Stablecoins – Risks and Recommendations
US agencies have released an extensive report on stablecoins indicating the potential risks and recommendations to ensure consumer protection. Staff of the agencies consulted with leading market participants, trade associations, experts and advocates. дальше »
2021-11-5 14:05
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NYC gets a pro-crypto mayor; Set to compete with crypto-friendly Miami
Democrat Eric Adams has won the New York City mayoral race after promising to make the city the centre of Bitcoins. The mayor-elect revealed this news through a tweet on November 3, celebrating his victory over Republican Curtis Sliwa and eight other candidates. дальше »
2021-11-5 20:13
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Former deputy solicitor of the Interior Dept. says crypto is freedom
Gregory Zerzan, the former deputy solicitor of the US Department of the Interior in the Trump administration, believes US regulators are trying to regulate an industry they don’t understand. дальше »
2021-11-5 16:24
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Ava Labs president calls for “sensible and appropriate” crypto and stablecoin regulation
Wu says the notion that crypto doesn’t want regulation is not true China’s crackdown… The post Ava Labs president calls for “sensible and appropriate” crypto and stablecoin regulation appeared first on Coin Journal. дальше »
2021-11-2 15:25
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Major US Banks On Hiring Frenzy For Crypto Talent With ‘Big Pay’ Offers
Cryptocurrency job listings on LinkedIn are up by over 600% since August 2020, and top US banks like JPMorgan, Bank of America, Goldman Sachs, and Wells Fargo have become the leading employers in the digital assets industry. дальше »
2021-11-2 15:25
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Coinbase Climbs To Number 1 On Apple’s US App Store Ahead Of TikTok
Coinbase has risen to the top of Apple’s app store as the most popular app on the platform. The mobile app of the cryptocurrency exchange surpassed popular apps like TikTok and Twitter to clinch first place. дальше »
2021-10-30 10:55
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60% of Cryptos Are Commodities Says CFTC Chair
The acting Chairman of the Commodities Futures Trading Commission (CFTC) Rostin Behnam (pictured above) has told a Senate committee that 60% of currently traded cryptos are commodities. “As of yesterday,... дальше »
2021-10-28 11:29
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Facebook Bitcoin and Freedom, Will Zuck Run For President?
“For the foreseeable future, I’m fine, because I did buy crypto at the right time.” So said Frances Haugen, the former Product Manager at Facebook turned whistleblower. Described as “one... дальше »
2021-10-28 00:40
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NYDIG Unveils First Two US Banks To Offer Bitcoin Services Through Its Partnership With Q2
Two US banks, New York-based Five Star Bank and California-based UNIFY Financial Credit Union have become the first financial institutions to offer bitcoin trading via Q2’s and NYDIG’s bitcoin trading platform. дальше »
2021-10-26 21:20
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Paris Listing Bitcoin Mining ETF as Gold’s Record Broken
US’ bitcoin ETF has broken all records in surpassing $1 billion of assets under management (AUM) within two days, faster than the decades long held record by Gold’s ETF which... дальше »2021-10-21 17:15
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Economist Eswar Prasad Warns Crypto Poses Great Threat To The U.S Financial Stability
Key takeaways Ivy League Professor of Economics Eswar Prasad warns that cash could soon be replaced by digital currencies. Prasad also stated that he envisions a future where the world uses CBDCs exclusively. дальше »
2021-10-19 15:19
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Crypto lobby says stablecoins should not be subjected to new rules
The lobby group says regulators should not treat stablecoins as investment products A US-based… The post Crypto lobby says stablecoins should not be subjected to new rules appeared first on Coin Journal. дальше »
2021-10-19 12:29
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Bulls and Bears Lock Stares on ETF Approval
The approval of the first bitcoin product on a national stock exchange is giving the crypto space one of its biggest game of chickens moment. For days now bears have... дальше »2021-10-18 16:42
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Rosengren claims US CBDC will be separate from other digital assets
A digital currency may be coming to the US soon, but blockchain won’t play… The post Rosengren claims US CBDC will be separate from other digital assets appeared first on Coin Journal. дальше »
2021-10-18 15:56
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Crypto tax rule will be decisive in South Korea’s upcoming election
South Korean presidential candidates have started calling for changes in the crypto tax rules… The post Crypto tax rule will be decisive in South Korea’s upcoming election appeared first on Coin Journal. дальше »
2021-10-18 15:46
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CFTC Classifies Stablecoins as a Commodity
The Commodities Futures Trading Commission (CFTC) has for the first time classified tokenized dollar stablecoins as a commodity by entering into a settlement with Tether. CFTC issued an order simultaneously... дальше »
2021-10-17 17:02
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Bitcoin ETF Forced to Fiat Futures Only
The ProShares Bitcoin Strategy ETF of ProShares Trust planned to invest in “Canadian Exchange Traded Funds and Other Pooled Investment Vehicles” while primarily focusing on CME fiat bitcoin futures, but... дальше »
2021-10-17 16:34
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Coinbase Open Sources Crypto Proposal to Biden and Congress
US’ biggest crypto exchange has put forward a proposal on a new crypto regulatory framework with it published on Github, the open source repository. Coinbase asks all to contribute any... дальше »2021-10-15 16:15
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