Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today

Vancouver's exploration of Bitcoin as a reserve asset could set a precedent for municipal financial strategies, impacting global crypto adoption. The post Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today appeared first on Crypto Briefing. дальше »

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Russia Eyes Bitcoin Reserve to Counter Sanctions

Russia is considering establishing strategic Bitcoin reserves to fortify its economy against Western sanctions and growing geopolitical pressure, a move that could accelerate a global trend of governments turning to cryptocurrencies for financial resilience. дальше »

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Vancouver eyes Bitcoin reserves: Why are governments turning to BTC?

Vancouver explores integrating Bitcoin into financial reserves, aligning with growing global adoption trends. U.S. lawmakers pushed for Bitcoin as a reserve asset, reflecting increasing instituThe post Vancouver eyes Bitcoin reserves: Why are governments turning to BTC? appeared first on AMBCrypto. дальше »

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Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans

The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset. дальше »

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New Bill For National Bitcoin Reserve Introduced In Brazil’s Chamber Of Deputies

In a step toward integrating crypto into the country’s financial framework, Brazilian federal deputy Eros Biondini introduced a bill to create a national Bitcoin reserve.  Brazil’s Proposed Bitcoin Reserve Bill Filed on Monday, the legislation proposes the establishment of the Sovereign Strategic Bitcoin Reserve (RESBit), which is designed to diversify the financial assets of Brazil’s […] дальше »

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Satoshi Action Fund Launches ‘Strategic Bitcoin Reserve’ Model Legislation – And They Need Your Help!

The Satoshi Action Fund has unveiled its 'Strategic Bitcoin Reserve' model legislation, designed to revolutionize how state governments manage their financial future. This model bill empowers states to hold Bitcoin as part of their treasury. дальше »

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US Senator Lummis reaffirms Bitcoin will be become a national reserve asset following Trump’s victory

The establishment of a Bitcoin reserve could significantly alter global financial dynamics, positioning the US as a leader in digital currency innovation. The post US Senator Lummis reaffirms Bitcoin will be become a national reserve asset following Trump’s victory appeared first on Crypto Briefing. дальше »

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US Senator Lummis reaffirms Bitcoin will become a national reserve asset following Trump’s victory

The establishment of a Bitcoin reserve could significantly alter global financial dynamics, positioning the US as a leader in digital currency innovation. The post US Senator Lummis reaffirms Bitcoin will become a national reserve asset following Trump’s victory appeared first on Crypto Briefing. дальше »

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Bitcoin as a US strategic reserve asset could create ‘monetary stability’ – BPI

Bitcoin’s maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin’s evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical resilience, and energy policy. дальше »

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Florida Holds $800 Million In Crypto-Related Investments, Says CFO Patronis

In a recent interview with CNBC, Florida’s Chief Financial Officer, Jimmy Patronis, outlined the state’s increasing commitment to crypto investments. This comes in light of his recent directive urging pension fund managers to explore Bitcoin as a potential strategic reserve asset. дальше »

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Bitcoin price could reach $3 million by 2050, says VanEck head of crypto research

Bitcoin's potential as a global reserve asset could shift economic power dynamics, challenging US financial dominance if crypto is ignored. The post Bitcoin price could reach $3 million by 2050, says VanEck head of crypto research appeared first on Crypto Briefing. дальше »

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Avalanche (AVAX) Rallies On Fed Rate Cut, DeFi Growth Boosts Long-Term Outlook

With its price climbing 17% over the past seven days, Avalanche (AVAX) has lately been on a winning run. Right now, the cryptocurrency is trading at $28. 12, up 7% over the past 24 hours alone. This abrupt increase fits a larger recovery across the crypto market driven by a significant shift in the US financial scene: the Federal Reserve’s decision to lower interest rates. дальше »

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FTM, TIA, and SUNDOG poised for continued recovery as potential Fed rate cut looms

This week remains vital for the financial industry, with markets expecting tomorrow’s first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this cycle. дальше »

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Top Crypto News This Week: Donald Trump’s Crypto App, the Fed Rate Decision, and More

As Trump’s crypto platform launches and the Federal Reserve prepares a rate cut, the crypto market braces for volatility and key financial shifts. The post Top Crypto News This Week: Donald Trump’s Crypto App, the Fed Rate Decision, and More appeared first on BeInCrypto. дальше »

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El Salvador’s Bitcoin bet reaps $265M profit, bolsters financial inclusion

El Salvador’s President Nayib Bukele revealed that the country has gained about $265 million after adopting Bitcoin as a reserve asset and legal tender. Bukele shared that El Salvador has invested $135 million in Bitcoin, which has since grown to $400 million in the public wallet alone. дальше »

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Donald Trump unveils plan to make USA the ‘crypto capital of the planet’

Donald Trump aims to make the US the “crypto capital of the planet” if elected. His sons’ World Liberty Financial may involve real-world assets and tokenization. Trump has promised a Bitcoin reserve and to replace SEC chair Gary Gensler. дальше »

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Job data revision exposes softer labor market

Quick Take In economic analysis, monthly data scrutiny is a cornerstone for understanding macroeconomic trends. Both analysts and the Federal Reserve rely heavily on these indicators to gauge financial health and inform policy decisions. дальше »

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Senator Lummis Formally Introduces Bitcoin Strategic Reserve Bill Seeking To Strengthen US’s Global Financial Position

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Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says...

Legislative Council member Johnny Ng proposed the integration of Bitcoin into Hong Kong's financial reserves. Meanwhile, Trump pledged a strategic U.S. Bitcoin reserve, boosting national economThe post Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says... appeared first on AMBCrypto. дальше »

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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote

At Bitcoin 2024, Senator Cynthia Lummis proposed a more detailed plan for a strategic Bitcoin reserve to bolster the U.S. dollar and cement America’s global financial leadership. After days of anticipation, United States Senator Cynthia Lummis finally announced her proposed… дальше »

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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024 

Sen. Cynthia Lummis of Wyoming is poised to announce legislation that could establish Bitcoin as a mainstream financial asset in the United States. дальше »

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German MP urges government to halt BTC sales in lieu of need for ‘strategic reserve’

German MP and major Bitcoin advocate Joana Cotar has called on the government to halt its rapid sale of Bitcoin. Instead, she advocates adopting Bitcoin as a “strategic reserve currency” to protect against potential risks in the traditional financial system.… дальше »

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FOMC Preview: How Will Bitcoin And Crypto React? All You Need To Know

As the financial markets brace for the upcoming Federal Open Market Committee (FOMC) meeting on Wednesday, June 12th, the Bitcoin and crypto community is poised to assess the implications of any Federal Reserve announcements on digital assets such as Bitcoin. дальше »

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Powell suggests slower Fed balance sheet reduction, boosting Bitcoin and Gold

Quick Take The US Federal Reserve’s recent policy stance has had noticeable effects on various financial assets. The Fed maintained the fed funds rate at 5. 25 – 5. 50% on March 20 and signaled a slowed pace of balance sheet reduction. дальше »

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US Crypto Industry Poised For Major Victory Over Federal Reserve, Here’s Why

The legal battle between Custodia Bank and the US Federal Reserve (Fed) is nearing a pivotal juncture, with implications that could reshape the financial landscape for crypto businesses across the country. дальше »

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Atlanta Fed hints at pause in rate cuts - Crypto markets to be impacted?

Amidst swirling speculation and anticipation in both crypto markets and the broader financial world, all eyes are fixed on the Federal Reserve's looming decision regarding upcoming rate cuts.  As The post Atlanta Fed hints at pause in rate cuts - Crypto markets to be impacted? appeared first on AMBCrypto. дальше »

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Federal Reserve Bank of Atlanta urges caution while embracing crypto in banking

The Federal Reserve Bank of Atlanta, via its Board of Governors, recently outlined its stance on integrating crypto and financial innovation within the banking sector, emphasizing a dual focus on regulatory adherence and technological advancements. A Feb. 26 statement by… дальше »

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Major FED Decision to Affect Crypto Market in Two Days

First major financial decision by Federal Reserve expected to shake up market дальше »

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SEC receives request to approve interest-bearing stablecoin after Bitcoin ETF

Figure Technologies Inc. wants to issue a pioneering interest-bearing stablecoin Unlike USDT and USDC, it will offer daily accruing interest backed by a diverse reserve of financial assets FThe post SEC receives request to approve interest-bearing stablecoin after Bitcoin ETF appeared first on AMBCrypto. дальше »

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CoinMarketCap unveils proof of reserve tracker to avert another FTX situation

A new tool on CoinMarketCap’s website that provides users with up-to-date financial details on exchanges has been launched, according to the industry leader in market research and tracking for cryptocurrencies. дальше »

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US Banks Are Teaming Up To Explore The Possibilities Of A Digital Dollar With The Federal Reserve

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Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for US Justice Department's Assessment

A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department's assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC). дальше »

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Even 'Safe' Stablecoins Might Pose Financial Stability Risk, New York Fed Says

The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday. дальше »

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Fed's Powell stresses on the significance of DeFi regulation and...

Jerome Powell, the chairman of the U.S. Federal Reserve, has spoken out over the growth of decentralized finance (DeFi) and its effects on the conventional financial environment, urging for appropriatThe post Fed's Powell stresses on the significance of DeFi regulation and... appeared first on AMBCrypto. дальше »

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Bitcoin traders looking to position themselves should read this analysis

For the third consecutive time, Federal Reserve, on 21 September, raised interest rates by 75 basis points (0.75 percentage points).  The broader financial markets immediately declined after the aThe post Bitcoin traders looking to position themselves should read this analysis appeared first on AMBCrypto. дальше »

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Bitcoin [BTC] downtrend continues but is it right time to go short

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Fears that the Federal Reserve does not yet The post Bitcoin [BTC] downtrend continues but is it right time to go short appeared first on AMBCrypto. дальше »

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What Bitcoin Needs To Regain Its Higher Marks, Analyst Explains

The crypto market crash started from the Feds and its fight against inflation. The announcement to increase interest rates caused a panic that created doubts in the minds of crypto investors. As the Federal Reserve implemented the plan, the overall financial markets, including crypto, plunged. дальше »

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BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame? 

The cryptocurrency market declined with the broader financial markets as of 26 August. This decline followed the hawkish remarks made by Federal Reserve Chair Jerome Powell at the Fed's Jackson Hole, The post BTC, ETH have had a difficult 24 hours; Fed Chair Powell to blame?  appeared first on AMBCrypto. дальше »

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Federal Reserve Chair urges everyone to factor inflation into financial decisions during Jackson Hole speech

Federal Reserve Chairman Jerome Powell urged households and businesses to factor inflation into financial decisions as it will take time and effort to return inflation to ideal levels. The post Federal Reserve Chair urges everyone to factor inflation into financial decisions during Jackson Hole speech appeared first on CryptoSlate. дальше »

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South African Reserve Bank encourages friendly behavior with crypto

The banking authority said avoiding risk by cutting off crypto-involved clients may pose a “threat” to financial integrity.

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US Fed Opens Pathway for Crypto Banks to Tap Central Banking System

The Federal Reserve announced it was publishing its final guidance for novel financial institutions, such as Wyoming trust entities, to access its "master accounts," something these firms need to participate in the global payment system. дальше »

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Why “The Merge” Is Not Priced In, Says Ethereum Inventor Vitalik Buterin

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. дальше »

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Crypto Market Dips Below $1T as Recession Fears Loom

Coinbase and MicroStrategy stocks have also taken a battering today as crypto and global financial markets await the next Federal Reserve meeting and upcoming Q2 GDP print. Crypto Market Slides... дальше »

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Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »

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Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog

Michael Barr, a former Ripple adviser, is set to assume one of the most important U.S. regulatory roles after winning Senate confirmation to be vice chairman for supervision at the Federal Reserve. дальше »

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South African Central Bank to Look at Regulating Crypto

South African Reserve Bank (SARB) Deputy Governor Kuben Naidoo has said "our view has changed" from five or six years ago when there was "no intent on regulating this from a currency point of view" to regarding crypto "as a financial asset that we hope to regulate." дальше »

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Bitcoin not a currency? South Africa to regulate crypto as financial asset

South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months. дальше »

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RBI Governor: Cryptocurrency is a Clear Danger to Financial Stability

India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […] дальше »

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US Fed Vice Chairwoman Brainard Doesn’t Like What She’s Seeing in Crypto

One of the top officials at the U.S. Federal Reserve, Vice Chair Lael Brainard, made it abundantly clear that the central bank – which is also a powerful financial watchdog – is paying careful attention to the flaws showing up as the crypto sector founders. дальше »

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