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Powell: 'There is room to raise interest rates.'
Powell: 'There is room to raise interest rates.'
News  •  Bitcoin  •  Jan 26, 2022 by Daniel Kuhman

On January 26, 2022 the U.S. Federal Reserve provided several updates regarding their stance on monetary policy. In a press release, the Federal Open Market Committee (FOMC) announced that the Board of Governors voted unanimously to keep interest rates paid on reserve balances at 0 - 0.25%. The

Texas Bitcoin Foundation Launches
Texas Bitcoin Foundation Launches
News  •  Bitcoin  •  Jan 26, 2022 by CJ

The Texas Bitcoin Foundation, a new nonprofit organization was announced in a press release on January 25, 2022. The non-profit is focused on educating people on the social and economic impact of bitcoin through funding research and educational initiatives.  While Texas may be known for its conservative viewpoints, the Texas

Regulation for Bitcoin and Digital Assets is Coming to Thailand
Regulation for Bitcoin and Digital Assets is Coming to Thailand

In a joint press release by the Ministry of Finance (MOF), Thailand’s Securities and Exchange Commission (SEC), and the Bank of Thailand (BOT), the three entities stated that it is necessary to regulate Bitcoin and digital assets in order to “avert potential impacts on the country's financial

News  •  Bitcoin  •  Jan 26, 2022
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Regulation for Bitcoin and Digital Assets is Coming to Thailand
Regulation for Bitcoin and Digital Assets is Coming to Thailand

In a joint press release by the Ministry of Finance (MOF), Thailand’s Securities and Exchange Commission (SEC), and the Bank of Thailand (BOT), the three entities stated that it is necessary to regulate Bitcoin and digital assets in order to “avert potential impacts on the country's financial

News  •  Bitcoin  •  Jan 26, 2022
Powell: 'There is room to raise interest rates.'
Powell: 'There is room to raise interest rates.'

On January 26, 2022 the U.S. Federal Reserve provided several updates regarding their stance on monetary policy. In a press release, the Federal Open Market Committee (FOMC) announced that the Board of Governors voted unanimously to keep interest rates paid on reserve balances at 0 - 0.25%. The

News  •  Bitcoin  •  Jan 26, 2022
Texas Bitcoin Foundation Launches
Texas Bitcoin Foundation Launches

The Texas Bitcoin Foundation, a new nonprofit organization was announced in a press release on January 25, 2022. The non-profit is focused on educating people on the social and economic impact of bitcoin through funding research and educational initiatives.  While Texas may be known for its conservative viewpoints, the Texas

News  •  Bitcoin  •  Jan 26, 2022
The IMF Recommends El Salvador Drop BTC as Legal Tender
The IMF Recommends El Salvador Drop BTC as Legal Tender

On January 24, 2022  The Executive Board of the International Monetary Fund (IMF) concluded their consultation with El Salvador. According to the IMF's press release regarding the consultation, the Executive Board’s assessment concluded that there are “large risks associated with the use of Bitcoin on financial stability,

News  •  Bitcoin  •  Jan 25, 2022
Reconsider Russian Central Bank Proposal To Ban Cryptocurrency, Says Putin
Reconsider Russian Central Bank Proposal To Ban Cryptocurrency, Says Putin

In a conference call this week, Russian president Valdimir Putin asked government officials and members of the Russian Central Bank to continue assessing cryptocurrencies. His comments came less than a week after the central bank released a proposal to completely ban the use and mining of cryptocurrencies on Russian territory.

News  •  Bitcoin  •  Jan 25, 2022
Opensea Exploit Allows Bad Actors to Purchase NFTs at Lower Prices
Opensea Exploit Allows Bad Actors to Purchase NFTs at Lower Prices

Opensea is a Non-Fungible Token (NFT) marketplace where users can publish and trade their digital art, music, real estate, and digital experiences. The New York based platform was founded in 2017 by Devin Finzer and Alex Atallah. Using Ethereum, artists and creatives can mint and sell NFTs with smart contract

News  •  Technology  •  Jan 24, 2022
Russian Tech Executives and Politicians See Cryptocurrency Ban as Detrimental to Nation's Tech Sector
Russian Tech Executives and Politicians See Cryptocurrency Ban as Detrimental to Nation's Tech Sector

Following Russia’s proposal to ban all mining and exchanges involved with cryptocurrency, some technology and political executives have voiced opposition against the proposal. The proposal from January 20th, 2022 suggests the halt of cryptocurrency issuance, operations, banks buying or investing in cryptocurrencies, and exchanging cryptocurrencies for fiat. Also proposed

News  •  Bitcoin  •  Jan 24, 2022
Biden administration to release executive order on cryptocurrency in February
Biden administration to release executive order on cryptocurrency in February

According to unnamed sources cited by Bloomberg, the Biden administration is preparing to release an executive order that will outline a comprehensive government strategy on cryptocurrencies. This news comes on the heels of a U.S. Senate hearing on stablecoins, a Congressional subcommittee hearing on energy usage involved in cryptocurrency

News  •  Bitcoin  •  Jan 24, 2022
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