Business
IMF reiterates more oversight for crypto in latest report on financial stability
The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the global economy. In its Global
China’s crypto ban: Buy the dip or cause for concern?
Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo started circulating online,
Texas Democratic Party aims to use NFT sales for fundraising efforts
Front Row, a marketplace geared towards progressive organizations, has said it will be partnering with the Texas Democratic Party to pilot a program aimed at
US lawmaker is most concerned about Treasury’s response to crypto
Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than
Swiss think tank initiates vote to add Bitcoin in federal constitution
2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make
Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
There is nothing surprising about Senator Cynthia Lummis, a Wyoming Republican known to be among the staunchest crypto supporters in the U.S. legislature, revealing a sizable
US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling?
The United States federal government’s default on its debt has been averted — at least for now. On Oct. 7, the Senate voted to increase
BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022
Countries in the developing world will soon follow in the steps of El Salvador and make Bitcoin (BTC) legal tender, BitMEX CEO Alexander Höptner recently predicted.
South Korean opposition set to tackle controversial crypto tax law
Lawmakers belonging to South Korea’s opposition People Power Party have prepared a fresh challenge to the planned crypto tax law. According to The Korea Herald,
Chinese blockchain project BSN expands to Turkey and Uzbekistan
The Chinese government-backed blockchain project, the Blockchain-based Service Network (BSN), continues expanding its global presence by setting up two new portals in Turkey and Uzbekistan.