Business
Russia aims to replace US dollar reserves with digital assets in long term
As Russia continues pushing de-dollarization, the Ministry of Foreign Affairs (MFA Russia) is reportedly considering replacing the United States dollar with not only traditional fiat
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James. Attorney General James
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free profits through
Analysts predict Valkyrie will launch Bitcoin Futures ETF this week
Commentators are predicting that a second futures-based Bitcoin exchange-traded fund (ETF) will go live by the end of the week following the launch of ProShares’
Ghana to explore offline transactions for upcoming CBDC
Ghana is working to develop offline capabilities for its forthcoming central bank digital currency (CBDC) in a bid to promote its use across all segments
US Treasury says it must ‘modernize and adapt’ to digital currencies
The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies
NYAG directs 2 crypto firms to shut down, investigates 3 others
The New York Attorney General’s office has alleged two unnamed crypto lending platforms operating in the state have engaged in unlawful activities and ordered three
Law Decoded: Best regulation is self-regulation, Oct. 11–18
Between fever-pitch anticipation over the impending approval of a Bitcoin exchange-traded fund, the Commodity Futures Trading Commission’s $42-million-plus settlement with Tether and Bitfinex, and Vladimir Putin brooding
ProShares Bitcoin ETF to debut on NYSE on Oct. 19
The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange
New York businesses ask governor to deny permits for crypto mining
The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel