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On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money. Florida Puts the Brakes on CBDCs The … Read more
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7 Million Suddenly Moves From Idle Wallet A vintage … Read more
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” Go to Source Powered by WPeMatico
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country’s Bitcoin Law was enacted. Go to Source Powered by WPeMatico
Across the Web3 space, there are countless projects for investors and traders to pick from. However, not all of them can and will perform equally as well. But this high level of volatility is what brings investors to the cryptocurrency space, to begin with, and as such, while Quant (QNT) might be currently at a … Read more
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail Request for Do Kwon, Puts Him Under … Read more
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. Go to Source Powered by WPeMatico
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. … Read more
The information was published on WIPO’s global database for intellectual property on May 11, 18 months after LG filed its application. Go to Source Powered by WPeMatico
Former Senator Patrick Toomey, former Representative Tim Ryan, former Representative Sean Patrick Maloney, and others will advise Coinbase on crypto policies. Go to Source Powered by WPeMatico
