Bitwise CIO says BTC ETFs are huge success and 13F filings make him ‘incredibly bullish’

PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption. While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could

Three Representatives are calling on the Secretary of Commerce to study blockchain for consumer protection. A trio of United States House Representatives — two Democrats and a Republican — have officially introduced a new bill to spur more in-depth analysis of blockchain technology in Congress.On Sept. 1, Rep. Darren Soto (D-FL), Rep. Brett Guthrie (R-KY)…

The United States’ Senate Banking Committee raised a wave skepticism over Facebook’s crypto project Libra during the first day of testimony on July 16.The new hearing, called “Examining Facebook's Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” is scheduled for 10:00 AM ET, July 17.As day two is coming in…

The counsel for the estate of Dave Kleiman has accused self-proclaimed “Satoshi Nakamoto” Craig Wright of abusing attorney client privilege to withhold documents and confuse trial proceedings.On Feb. 2, plaintiff Ira Kleiman — the late Dave Kleiman’s brother and personal representative of the estate — filed a memorandum challenging Craig’s privilege designations with the United…

"Do not accept any digital yuan," said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China. 84 Total views 1 Total shares With the opening ceremony of the Beijing 2022 Winter Olympics completed and all competing athletes currently in China, two members of Congress are warning of the potential…

This year has been a strong one for digital asset markets, highlighted by growing institutional inflows and a propitious shift in the regulatory environment. Witness the U.S. Securities Exchange Commission’s September letter that says crypto exchanges that comply with SEC Rule 15c3-3 (the Customer Protection Rule) are free to trade digital asset securities. With more than…

Decentralized Web 3 cross-chain router allegedly under control of one-man Imagine a system where all your money is controlled by one man and his family and when there is cause for concern, the propaganda machine immediately goes ‘brrr’ to put on a facade that everything is just fine despite some alarming withdrawls. Sounds more like…

Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. 419 Total views 25 Total shares Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency…