Oversight committee Republicans launch debanking investigation

Two nations, two visions of the financial future: "The tech cold war is here — and the US isn't winning," wrote Ripple co-founder Chris Larsen in an opinion piece for The Hill recently. According to him, China has “a once-in-a-century opportunity to wrest away American stewardship of the global financial system, including its ultimate goal…

While community members are not defending Terra and Do Kwon, they are questioning the manner in which the SEC is going after the company and its founder. Own this piece of history Collect this article as an NFTTerraform Labs and its founder Do Kwon being in the sights of the United States Securities and Exchange…

Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. 254 Total views 12 Total shares Townsquare Media, a New York based digital marketing and radio station…

The serial Bitcoin critic has once again dismissed BTC’s value proposition as a form of currency. 455 Total views 2 Total shares Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC).Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down…

George Residence in Lagos has announced plans to start accepting BTC payments. The company has already converted 50% of its balance sheet to Bitcoin. 1622 Total views 19 Total shares A luxury hotel in Lagos, Nigeria will reportedly accept Bitcoin (BTC) as a form of payment and adopt the digital asset as its primary reserve…

More rules are coming for the cryptocurrency space, according to SEC Chairman Gary Gensler. 1208 Total views 6 Total shares The Securities and Exchange Commission, or SEC, may soon issue new rules for the regulation and registration of security-based swaps, including cryptocurrency.In a speech to the American Bar Association Derivative and Futures Law Committee SEC…

Reactions to the new development varied, with some celebrating and others expressing frustration toward U.S. regulators. 764 Total views 12 Total shares Own this piece of history Collect this article as an NFTAmid regulatory struggles in the United States, crypto exchange Coinbase has decided to expand its business abroad with a global platform. Following the…