Tom Emmer has previously shown a preference for a decentralised digital currency as it would uphold user privacy and retain the elements of cash The US representative for Minnesota’s 6th congressional state, Tom Emmer, revealed yesterday that he intends to introduce new regulations around crypto. The proposed law from Emmer, who had hinted of it … Read more
Bukele, a Bitcoin proponent, also said he expects to see two other countries take up Bitcoin as legal tender this year Nayib Bukele’s Bitcoin campaign soldiers into the New Year, with the El Salvador President giving his predictions on the coin yesterday. Though most of the predictions were seemingly quite bold and ambitious, Bukele has … Read more
While speaking at a press conference after the recent Fed interest rate decision, the Fed Chair Jerome Powell said that cryptocurrencies are currently not a danger to the country’s financial stability. He however noted that there should focus should shift to monitoring and controlling cryptocurrencies. Jerome Powell has served as the Federal Reserve Chair since 2018 and … Read more
Regulators must seek to achieve controlled supervision of cross border cryptocurrency firms, Hsu stated. The United States acting Comptroller of the Currency Michael J. Hsu called for a more comprehensive regulatory framework to address the threats posed by universal cryptocurrency exchanges. The remarks come amid an ongoing institutional crackdown on crypto mining in China and … Read more
Around 53% of crypto jobs are dispersed in relatively small chunks across the country A study conducted by employment services provider company LinkedIn has revealed that cryptocurrency-related jobs in the United States don’t have a single hub. The well-dispersed nature of the crypto job market can be seen as a reflection of the decentralised vision … Read more
Cryptocurrency exchange FTX has grown its presence in the sporting world over the past few months with numerous sponsorships. FTX, one of the fastest-growing crypto exchanges in the world, has bought an advertisement slot in one of the most-watched sporting events in the United States. The cryptocurrency’s advert will be shown at the championship game … Read more
The ProShares Bitcoin futures exchange-traded fund (ETF) went live last week, and it is close to hitting the monthly allocated limit. The ProShares Bitcoin futures exchange-traded fund (ETF) has had an excellent time in the market since it was launched roughly a week ago. The high demand for the Bitcoin futures ETF has seen the … Read more
Cryptocurrency lending platforms are facing scrutiny from state regulators in the United States for operating without licences New York Attorney General Letitia James has issued a cease and desist to two cryptocurrency lending platforms. The platforms have been asked to stop operating in the state for failing to register as brokers with the state regulators. … Read more
Cryptocurrencies are increasingly becoming available on more trading platforms as the market continues to grow Interactive Brokers has become the latest traditional brokerage platform to enter the cryptocurrency space. The firm announced the launch of its cryptocurrency trading services yesterday, following months of planning. In a press release yesterday, Interactive Brokers said Registered Investment Advisors … Read more
The letter requests that the governor deny Title V Air Permit to the two former fossil fuel facilities that are set to host crypto mining operations A letter signed by a number of business and labour organisations has been sent to New York State Governor Kathy Hochul asking her to deny permission to convert the … Read more