Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’
Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from HODLing the cryptocurrency. Go to Source Powered by WPeMatico
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Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets. Go to Source Powered by WPeMatico
Biden to discuss dangers of AI in San Francisco meeting with experts
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco. Go to Source Powered by WPeMatico
UK government moves forward on financial markets bill for potential regulation of crypto
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes. Go to Source Powered by WPeMatico
Ripple partners with Colombia’s central bank to explore blockchain technology
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public. Go to Source Powered by WPeMatico
US lawmaker invokes SEC lawsuits in considering crypto regulatory framework
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework “could reward bad actors with a ‘get out of jail free’ card”. Go to Source Powered by WPeMatico
Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign
The governor of Florida wants to defend people’s right to “do Bitcoin.” Go to Source Powered by WPeMatico
SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf. Go to Source Powered by WPeMatico
US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC. Go to Source Powered by WPeMatico
Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds
In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond. Go to Source Powered by WPeMatico