North Carolina – DIGIT INFO

North Carolina House passes bill to commission study on holding Bitcoin

The study would examine the possible impact of holding crypto and how the state would custody a digital currency.

Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.

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North Carolina House passes bill banning CBDC payments to the state

The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot.

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First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley […]

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In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet In this edition of The Daily we cover a funding round by a Swiss startup that lists crypto instruments on the SIX exchange, an expansion of the Coinsource ATM network using a new business practice, and a new feature added to the Etoro wallet. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Amun […]

The post In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet appeared first on Bitcoin News.

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North Carolina Banking Bill Passes — Adds Virtual Currency License Requirements

North Carolina Banking Bill Passes — Adds Virtual Currency License Requirements The state of North Carolina has pushed the passage of House Bill 86 and some digital currency advocates and firms like Coinbase believe the bill makes the state more friendly towards cryptocurrency businesses. At the moment North Carolina’s House Bill 86 has been presented to Governor Roy Cooper and awaits his signature. Also read: Major Korean […]

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US State Shuts Down Cryptocurrency Mining Company

A U.S. state has issued a cease and desist order to a company purportedly engaged in cryptocurrency mining. This order follows a temporary cease and desist order to the company two months ago which it did not respond to. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Cease and Desist Order The U.S. State […]

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Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships

Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.” Also read: How To Regain Control From Nanny Zuck […]

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