Tag: Politics

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EU Decision-Makers Kick Off Negotiations On Controversial ‘Unhosted Wallets’ Regulation

  As the members of the European Parliament have launched the final round of negotiations on the controversial Transfer of Funds Regulation (TFR) today, the crypto industry hopes to impact the legislative proposal’s wording through a lobbying campaign aimed at the European Union’s lawmakers…. Read More: EU Decision-Makers Kick Off Negotiations On Controversial ‘Unhosted Wallets’…
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As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1M BTC Predictors and Warns of ‘The Doom Loop’

  With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine. “The shock of canceling the world’s…
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US Senate confirms Lael Brainard as Fed vice chair

In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years. After weeks of delays due,  in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member of the Federal Reserve’s board of…
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Macron’s Re-election Could Boost Unified Euro Crypto Regulation, ‘European Metaverse’

  For France’s crypto industry, Emmanuel Macron’s re-election for another five-year term may mean that Paris will oppose measures to hamper crypto innovation at the European Union level, but also that France will push for the creation of a “European metaverse.” French President Macron has won the second round of the country’s presidential election with…
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American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions

  US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU. Whit Gibbs, CEO of the Texas-based company, has told Bloomberg that the mining servers have…
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Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation

  Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.  __________ While no systemic event has materialized, the balance of risks has tilted more firmly to the downside…. Read More: Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation  Read more…
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‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge

  A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual supervillains.”… Read More: ‘PoS Fanatics Attacking PoW are Actual Supervillains’,…
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US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from ‘Monetizing its Natural Resources’

  The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow’s possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine…. Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from ‘Monetizing its Natural Resources’  Read more »Pay, Trade, Buy…
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IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics

  The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use to pay for his Bitcoin City project…. Read More: IMF…
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First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________  … Read More: First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card