Bitcoin News / Bitcoin.com - 1 year ago
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using C...
Bitcoin News / Bitcoin.com - 1 year ago
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused...
Bitcoin News / Bitcoin.com - 1 year ago
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussion...
Bitcoin News / Bitcoin.com - 1 year ago
Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively...
Bitcoin News / Bitcoin.com - 1 year ago
The team behind Hamster Kombat, one of the most successful Telegram-based games, has released information on the exchanges that are confirmed to list its token after the upcoming airdrop. The team has announced that HMSTER will be available on Bybit,...
Bitcoin News / Bitcoin.com - 1 year ago
Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more sta...
Bitcoin News / Bitcoin.com - 1 year ago
Trade settlements between Russia and Turkey via bank transfers are now being disrupted due to the new sanctions enacted against Russia. According to Russian media, the U.S. is currently checking all sources of transfers to and from Russia, and bank h...
Bitcoin News / Bitcoin.com - 1 year ago
Glassnode’s latest report reveals a persistent rise in Bitcoin’s hashrate despite falling revenues for miners. Concurrently, investor engagement with exchanges and trade volumes are showing a notable decline, reflecting reduced appetite f...
Bitcoin News / Bitcoin.com - 1 year ago
Meme coins buck last week’s downtrend and embark on a bullish pathway. Among the top gainers are Popcat, Dogs, Dogwifhat, Dogecoin, and Brett, while the new presale token Pepe Unchained is also showing strength. Meme Coin Prices Surge On Market Recov...
Bitcoin News / Bitcoin.com - 1 year ago
According to the latest data, spot bitcoin exchange-traded funds (ETFs) broke an eight-day outflow streak on Monday, scooping up $28.72 million in fresh investments. Meanwhile, things didn’t look as bright for the nine spot ether ETFs, which saw outf...
Bitcoin News / Bitcoin.com - 1 year ago
Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to improv...
Bitcoin News / Bitcoin.com - 1 year ago
Data reveals that after Fractal Bitcoin’s mainnet went live, the project’s block explorer indicates the blockchain now controls over 35% of Bitcoin’s total hashrate. While Bitcoin hums along at an impressive 681 exahash per second (EH/s), Fractal Bit...
Bitcoin News / Bitcoin.com - 1 year ago
Ron Paul, a former U.S. representative and presidential candidate, has stated that even when it comes from proposals from high echelons of power, government efficiency is an oxymoron. Paul explains that governments are not individuals, and can’...
Bitcoin News / Bitcoin.com - 1 year ago
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela,...
Bitcoin News / Bitcoin.com - 1 year ago
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and...
Bitcoin News / Bitcoin.com - 1 year ago
BBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows...
Bitcoin News / Bitcoin.com - 1 year ago
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving crypto. The tool has already been proven useful in...
Bitcoin News / Bitcoin.com - 1 year ago
The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for...
Bitcoin News / Bitcoin.com - 1 year ago
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications....
Bitcoin News / Bitcoin.com - 1 year ago
The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. F...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licen...
Bitcoin News / Bitcoin.com - 1 year ago
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and re...
Bitcoin News / Bitcoin.com - 1 year ago
The Federal Bureau of Investigation’s Internet Crime Complaint Center has revealed a sharp rise in cryptocurrency fraud complaints, with over 69,000 cases and $5.6 billion in losses. Investment scams accounted for 71% of these losses, highlight...