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Just days after the UK announced the next stages of its plan to regulate Bitcoin and cryptocurrencies, Australia seems to have followed suit. In a new announcement, Australia’s government has unveiled the first step of what is being called a “multi-stage plan” to regulate Bitcoin and crypto. “The multi‑
The purchase of Burling Bank, an FDIC-insured Illinois state chartered bank, has been announced by LevelField Financial, a U.S. financial firm that provides digital asset services. According to the press release, LevelField will become the first finance entity that manages Bitcoin while being FDIC-insured and fully compliant. The bank
According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also
News • Business • Feb 07, 2023According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also
News • Business • Feb 07, 2023Just days after the UK announced the next stages of its plan to regulate Bitcoin and cryptocurrencies, Australia seems to have followed suit. In a new announcement, Australia’s government has unveiled the first step of what is being called a “multi-stage plan” to regulate Bitcoin and crypto. “The multi‑
News • Bitcoin • Feb 03, 2023The purchase of Burling Bank, an FDIC-insured Illinois state chartered bank, has been announced by LevelField Financial, a U.S. financial firm that provides digital asset services. According to the press release, LevelField will become the first finance entity that manages Bitcoin while being FDIC-insured and fully compliant. The bank
News • Bitcoin • Feb 03, 2023The United Kingdom has announced its plans to regulate Bitcoin and other cryptocurrencies within the country. “We remain steadfast in our commitment to grow the economy and enable technological change and innovation – and this includes cryptoasset technology," said Economic Secretary to the Treasury, Andrew Griffith. “But we must also
News • Bitcoin • Feb 01, 2023“We hold these truths to be self-evident, that all public/private key pairs are created equal, that they endow their creator with certain unalienable Rights, that among these are Freedom of Speech, Freedom from Algorithmic Bias, and Freedom of Meme.” – The Declaration of Independence from Platforms I published my initial
News • Technology • Feb 01, 2023Nostr, a decentralized social networking protocol, is currently available on the Apple App Store via Damus. Nostr saw a surge in popularity after former Twitter CEO Jack Dorsey developed an interest in the technology. He later donated 14 BTC to its creator. Due to the enthusiasm, Damus became the most
News • Bitcoin • Feb 01, 2023Lebanon is set to devalue its currency by 90% on February 1st, as the country's central bank governor, Riad Salameh, announced that the new official exchange rate will be 15,000 pounds per U.S. dollar. This marks a significant decrease from the current official rate, which has
News • Bitcoin • Jan 31, 2023The play-and-earn fantasy esports platform Stattrak and top fintech payment processor ZEBEDEE have jointly announced the release of a new product geared for esports fans worldwide. In well-known titles like Counter-Strike: Global Offensive, League of Legends, Valorant, Rainbow Six Siege, and Dota 2, the product allows users to create their
News • Bitcoin • Jan 31, 2023