Law Decoded: US as anatomical theater of crypto regulation, Sept. 13–20
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea. Go to Source Powered by WPeMatico
Politics
Auto Added by WPeMatico
Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’
Some mayors of cities large and small in the U.S. have been pushing for the adoption of cryptocurrencies or otherwise taking a position in favor of digital assets. Go to Source Powered by WPeMatico
Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call
Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. Go to Source Powered by WPeMatico
Retirees in El Salvador protest against Bitcoin adoption
Retirees and veterans in El Salvador are worried that the government would start paying their pensions in Bitcoin instead of the U.S. dollar. Go to Source Powered by WPeMatico
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized … Read more
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be “a threat to U.S. reserve currency status long term.” Go to Source Powered by WPeMatico
House committee reviews cryptocurrency risks, regulations in hearing
A panel of expert witnesses and members of congress discussed the risks and rewards of cryptocurrency in committee Wednesday. Go to Source Powered by WPeMatico
Palestine monetary authority mulls digital currency as ‘political signal‘
Analysts note that the occupied territories’ macroeconomic and political conditions don’t allow for a digital currency to operate as a means of exchange but stress its potential value at a symbolic level. Go to Source Powered by WPeMatico
Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill
Bitcoin price briefly traded above $35,000 as the stock market hit new highs and Paraguay aims to become the second country to adopt BTC as legal tender. Go to Source Powered by WPeMatico
NYC’s mayoral frontrunner pledges to turn city into Bitcoin hub
Eric Adams, who has outstripped the better-known crypto advocate Andrew Yang in New York City’s mayoral race, has made his own Bitcoin pledge on the eve of winning office. Go to Source Powered by WPeMatico