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White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies
White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies
News  •  Bitcoin  •  Mar 22, 2023 by Deniz Saat

In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s

Texas House Introduces Bill To Protect Rights of Individual BTC Ownership
Texas House Introduces Bill To Protect Rights of Individual BTC Ownership
News  •  Bitcoin  •  Mar 21, 2023 by Deniz Saat

The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s

CFTC Sues Binance and CEO After Alleged Regulatory Violations
CFTC Sues Binance and CEO After Alleged Regulatory Violations

The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the

News  •  Politics  •  Mar 27, 2023
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CFTC Sues Binance and CEO After Alleged Regulatory Violations
CFTC Sues Binance and CEO After Alleged Regulatory Violations

The world’s largest cryptocurrency exchange by volume, Binance, and its CEO Changpeng Zhao have been sued by the Commodity Futures Trading Commission (CFTC) on charges that they promoted the sale of unregistered derivatives to users in the United States. Several alleged violations of CFTC regulations are made in the

News  •  Politics  •  Mar 27, 2023
White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies
White House Economic Report Outlines Concerns for Bitcoin and Cryptocurrencies

In a recent report, the Biden administration highlighted their concerns for Bitcoin and cryptocurrencies, claiming that certain elements of the ecosystem for digital assets are problematic for consumers, the financial system, and the environment. The Council of Economic Advisers’ annual publication, “Economic Report of the President,” explains the president’s

News  •  Bitcoin  •  Mar 22, 2023
Texas House Introduces Bill To Protect Rights of Individual BTC Ownership
Texas House Introduces Bill To Protect Rights of Individual BTC Ownership

The Texas State House of Representatives has been presented with a bill that would completely protect and embrace the Bitcoin economy. House Concurrent Resolution 89, sponsored by Rep. Cody Harris (R), and co-authored by Natalie Smolenski and Jason Brett of the Bitcoin Policy Institute, argues that the Chinese government’s

News  •  Bitcoin  •  Mar 21, 2023
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)

News  •  Politics  •  Mar 13, 2023
Wyoming Lawmakers Pass Bill Protecting Bitcoin Private Keys From Forced Disclosure
Wyoming Lawmakers Pass Bill Protecting Bitcoin Private Keys From Forced Disclosure

The state of Wyoming has approved legislation that protects its residents from being required to disclose their private keys. It now just needs the Governor’s signature to become law after being passed by the state Senate and House of Representatives. The bill reads: No person shall be compelled to

News  •  Bitcoin  •  Feb 16, 2023
Circle Reports Paxos to NYDFS Claiming Binance’s Stablecoin Reserves Are Not Fully Backed
Circle Reports Paxos to NYDFS Claiming Binance’s Stablecoin Reserves Are Not Fully Backed

The top financial regulator in New York is currently investigating stablecoin issuer Paxos while competitor Circle was the one to raise the alarm. In autumn of 2022, Circle alerted the New York Department of Financial Services, or NYDFS, that Binance's reserves were insufficient to support its tokens, potentially

News  •  Politics  •  Feb 13, 2023
Craig Wright Loses Bitcoin Copyright Claim in UK Court
Craig Wright Loses Bitcoin Copyright Claim in UK Court

According to a UK court, Craig Wright cannot assert any copyright claims regarding Bitcoin’s code.  Wright was unable to provide evidence of what is known as “fixation,” in order to support his claim that the formatting of Bitcoin blocks is his intellectual property. Fixation describes the capacity to present

News  •  Bitcoin  •  Feb 08, 2023
Australia Unveils New Plan To Regulate Bitcoin and Crypto
Australia Unveils New Plan To Regulate Bitcoin and Crypto

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‑

News  •  Bitcoin  •  Feb 03, 2023
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