On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year.
In its initial phase, the service
At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings.
Kennedy's proposal includes
In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central
In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central
On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year.
In its initial phase, the service
At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings.
Kennedy's proposal includes
The Eighth Judicial District Court of Nevada has accepted a petition from the Nevada Financial Institutions Division (NFID) to put cryptocurrency custodian, Prime Trust, into receivership, pending a hearing.
https://twitter.com/NevadaDBI/status/1681382351325253632
A July 14th court document from Nevada showed that a receiver for Prime Trust was
The much-anticipated launch of the first European spot Bitcoin ETF has been delayed significantly, but may potentially be approved in the near future.
Meanwhile, the United States is also displaying an increase in interest for a similar financial product, initiated by BlackRock's submission for an American spot Bitcoin
In an effort to mitigate escalating rates of cybercrime, the Belarusian government has suggested prohibiting peer-to-peer (P2P) transactions involving Bitcoin and other digital assets.
The Ministry of Foreign Affairs (MFA) of Belarus outlined the objectives of this new legislation and the resulting impact on users of Bitcoin and crypto exchanges.
The Wall Street Journal reports that the Securities and Exchange Commission (SEC) has expressed worries about the recent influx of spot Bitcoin exchange-traded funds (ETFs) applications, indicating that the submissions lack both clarity and thorough information.
Echoing BlackRock's strategy, a variety of asset managers such as Fidelity Investments,
The North Carolina House of Representatives has approved House Bill 721 to research the benefits and acquisition of Bitcoin and virtual currencies. The bill, now referred to the Senate, aims to investigate state-level virtual currency management.
The proposed law acknowledges the increasing significance of Bitcoin and virtual currencies, as stated
