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US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill

You can read the original article here: https://cointelegraph.com/news/us-lawmakers-target-perceived-risks-of-crypto-adoption-in-el-salvador-with-reintroduced-bill The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country’s Bitcoin Law was enacted. Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed […]

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Celsius Reaches Acquisition Agreement with NovaWulf

You may read original article here: https://decrypt.co/121421/celsius-reaches-acquisition-agreement-with-novawulf The bankrupt crypto lender agreed to a buyout plan after vetting a handful other bids. By André Beganski Feb 16, 2023 4 min read Celsius. Image: Shutterstock Bankrupt crypto lender Celsius announced Wednesday that it has selected Novawulf Digital Management, a digital asset investment firm, to help bring its […]

Congress’ FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange’s Bosses

Read the original article here: https://www.coindesk.com/policy/2023/01/17/congress-ftx-problem-1-in-3-members-got-cash-from-crypto-exchanges-bosses/ The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it. More than one in three of the 535 senators and representatives in the U.S. Congress showed up to […]

Swede dreams! Binance lands its seventh regulatory approval in the EU

You may read the original article here: https://www.cityam.com/swede-dreams-binance-lands-its-seventh-regulatory-approval-in-the-eu/ Binance has been granted registration as a financial institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority. The award follows months of engagement with the regulator which today handed Binance Nordics AB the registration number 66822. The move means Swedish residents will now […]

Brazil passes law to legalize crypto as a payment method

Read the original article here: https://cointelegraph.com/news/brazil-passes-law-to-legalize-crypto-as-a-payment-method The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted. NEWS While Brazil has not made Bitcoin legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout […]

Dear Crypto & Fiat Bros – An open letter to the confused and dismissive.

You may read the original here: https://dergigi.com/2022/11/19/dear-crypto-fiat-bros/ It should be obvious by now, but I’m afraid I’ll have to spell it out anyway: Bitcoin, not blockchain. Bitcoin, not crypto. Bitcoin, not distributed ledger technology. Bitcoin, not DeFi. Bitcoin, not Web3. Bitcoin, not CBDCs. Bitcoin, not yield farming. Bitcoin, not centralized neo-banks that sell you fractional-reserve […]

Remember why we are here

At the time of FTX debacle, here’s a great article on Anthony Pompliano’s blog : https://pomp.substack.com/p/remember-why-we-are-here To investors, Finance is a confidence game. Everyone from investors to entrepreneurs have to believe that the system works, that players are held to the same standard, and that a buyer of last resort will appear in a moment […]

Another Big CBDC Flop… Here’s What Really Comes Next (And It’s Not What The Elites Hoped For)

You may read the original article here: https://www.zerohedge.com/crypto/another-big-cbdc-flop-heres-what-really-comes-next-and-its-not-what-elites-hoped BY TYLER DURDEN THURSDAY, NOV 03, 2022 – 01:40 AM Authored by Nick Giambruno via InternationalMan.com, Last year, Nigeria launched its much-ballyhooed eNaira, Africa’s first central bank digital currency (CBDC). Central bankers, academics, politicians, and an assortment of elites from over 100 countries hoping to launch their […]

Wealthy Chinese Activate Financial “Escape Plans” Terrified Of Xi’s Coming Reign Of Terror, And Why This Is Good News For Bitcoin

You may read the original article here: https://www.zerohedge.com/geopolitical/wealthy-chinese-execute-fire-escape-plans-after-xi-secures-third-term Back in September 2015, more than seven years ago, when bitcoin was trading around $225, and just after China had stunned markets with its (relatively modest) yuan devaluation, we made a modest prediction: In summary: while China is doing everything in its power to not give the impression […]

The War On Crypto Privacy Intensifies Amid OECD’s “Massive Overreach”

You may read the original article here: https://www.zerohedge.com/crypto/war-crypto-privacy-intensifies-amid-oecds-massive-overreach The War on Crypto Privacy Intensifies. Automatic Reporting of All Trades and Transactions Soon Mandatory. Massive overreach of international regulators to force all service providers in the industry to: Record ALL crypto trades on exchanges, DEFI and DEXs; Record (large) purchases from private wallets; Record all transfers […]