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 […]

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 […]

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 […]

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 […]