Texas’ gold-backed digital currency project: Law Decoded, April 3–10
While Ted Cruz and Ron DeSantis attack the idea of American CBDC, Texan lawmakers propose to create a statewide one. Go to Source Powered by WPeMatico
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Coinbase head of exchange departs and plans to start new crypto project: Report
Before joining Coinbase in September 2020, Vishal Gupta had been the head of USD Coin at Circle and a vice president at Goldman Sachs. Go to Source Powered by WPeMatico
Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade
The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode. Go to Source Powered by WPeMatico
Coinbase CEO says Bitcoin Lightning is ‘something we’ll integrate’
“Lightning is great and something we’ll integrate,” Armstrong said in response to an allegation that he was “ignoring” the network. Go to Source Powered by WPeMatico
Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’
The crypto-friendly congressman questioned Gary Gensler’s supposed ‘open door policy” suggesting that he “might have an open door, but it is an enter-at-your-own-risk-door.” Go to Source Powered by WPeMatico
Bitcoin derivatives favor further BTC price rally toward $30K
Bitcoin’s price might have held near $28,000 but the absence of shorts using margin and futures markers is a bullish indicator. Go to Source Powered by WPeMatico
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital … Read more
Crypto could eliminate 97% of traditional remittance fees: Coinbase
U.S. consumers sending international bank transfers pay more than $12 billion annually in remittance fees alone. Go to Source Powered by WPeMatico
SEC reaches ‘agreement in principle’ to resolve insider trading case of Coinbase product manager
Both Ishan and Nikhil Wahi pleaded guilty to criminal insider trading charges after being arrested by U.S. authorities in July 2022. Go to Source Powered by WPeMatico
Banking crisis could spark the first ‘extended duration Bitcoin bull market,’ says Swan Bitcoin CEO
The next BTC bull market will last longer than previous ones due to the latest banking crisis, according to Swan Bitcoin CEO Cory Klippsten. Go to Source Powered by WPeMatico