US lawmaker kicks off 2025 by disclosing altcoin investment

Head of Research at Fidelity Digital Asset is convinced Bitcoin's value proposition as a decentralized and censorship-resistant monetary network sets it apart from other cryptocurrencies. 805 Total views 17 Total shares Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes…

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway. In China’s Shenzhen province about 2 million people had applied for the digital yuan giveaway and the lucky 50,000 among them received “red envelopes” of digital yuan totalling $1.5 million. By the…

Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin eerily calm on Fed statementData from Cointelegraph Markets Pro and TradingView showed BTC/USD exhibiting minimal fluctuation as the Fed confirmed what many assumed had already…

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The Reserve Bank of India is getting ready to launch its own central bank digital currency. 1889 Total views 9 Total shares Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies.According to Bloomberg, RBI governor Shaktikanta Das has expressed the central bank’s determination to create a digital rupee. According…

The venture capital wing of the official newspaper of the Communist Party of China (CCP) — People’s Daily Online — has signed a deal for a strategic partnership on a blockchain laboratory Oct. 23, according to a press release.People’s Capital signed a deal with Shenzhen-based technology company Xunlei Limited. Per the terms of the agreement,…

The Ministry of Justice of Russia does not see the need to legally define the concept of cryptocurrency at this point, state-owned news agency TASS reported on Feb. 13.Alexander Konovalov, the Minister of Justice of Russia, reportedly claimed that it is too early to formalize crypto-related legislation to date. Konovalov based his remarks on the…

The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March.

Regulatory compliance requirements are becoming increasingly important. Ethereum Classic Labs, the entity behind the Ethereum Classic (ETC) asset, and blockchain analysis outfit Chainalysis have joined forces.Aside from its work on ETC-related technology, ETC Labs also operates an accelerator wing for backing and helping startups in the crypto industry. Thanks to an alliance with Chainalysis, these…