“It’s going to be a dollar economy as far as the eye can see,” said James Bullard. James Bullard, president of the Federal Reserve Bank of St. Louis, seemingly doesn’t understand why many are looking to cryptocurrency as a medium of exchange instead of a uniform currency like the U.S. dollar. In an interview with…
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“I don’t have Bitcoin, and I’ll never ask you to send me any,” said Joe Biden. In recognition of Presidents Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain. One of the earliest presidential adopters, Bill Clinton reportedly received his first Bitcoin…
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Saying the state has “the best laws for digital assets” in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating. Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking to Twitter yesterday, Lummis invited the…
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Government officials may be planning to introduce the law potentially banning crypto “within a month” of the ordinance clearing. The Indian government may be taking a legislative shortcut to pass a bill recently proposed to regulate digital currencies in the country. According to a report from news outlet CNBC-TV18, the Indian government may take the…
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“We want to make sure that we believe that if all things are equal, we win,” said Mayor Francis Suarez. Francis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and blockchain industry. In an interview…
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DMG token holders take to Twitter to grieve as their holdings crash 75% DeFi Money Market, one of the earliest projects aiming to bring real-world assets on-chain, abruptly announced last night that it has “ceased operations.” “As a result of regulatory inquiries, DMM is shutting down,” a statement on the project’s website reads. “[…] DMM…
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Germany recognizes the importance of blockchain, but how did it act in 2020, and what effect will this have on its blockchain ecosystem? Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by…
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Kumar Gaurav said “there is no way any government” can outright ban crypto given its nature as a global and decentralized system. Kumar Gaurav, founder and CEO of cryptocurrency exchange Cashaa, believes the Indian government’s latest efforts to regulate digital currencies are more of an attempt to prevent illicit activities in the industry rather than…
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Rumors are circulating in Iran that authorities already have access to messages on WhatsApp, one of the few unblocked platforms in the country. Signal is reportedly under attack from Iranian authorities as interest is surging amid speculation the government already has access to users’ information on other popular messaging apps. According to Al Jazeera, many…
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The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto. Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, the bank’s position on digital assets is looking slightly more bullish. According to a booklet on payments released today by…
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