Boring is confident that Trump will use his legal power to fulfill his promises. For the CEO of The Digital Chamber, the Fed only intends to maintain its monopoly. Perianne Boring, founder and CEO of The Digital Chamber, an organization dedicated to promoting favorable public policies for the Bitcoin (BTC) ecosystem, expressed her optimism regarding … Read more
One senator says bitcoin is a promising alternative to protecting income. “Bitcoin has reached the mainstream of our economy,” commented Dusty Deevers. In response to growing concerns about inflation and the devaluation of the US dollar, Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act. With this proposal, he proposes that state employees can receive … Read more
The removal of Gensler as head of the SEC is already a task that can be considered completed. Some objectives will take considerable time due to the complexity of the regulatory processes. As Donald Trump’s January 20 inauguration date for his second term approaches, the Bitcoin community is closely watching which of his promises about … Read more
South Korea is contemplating lifting the de facto ban on institutional investment in cryptocurrencies. This decision aligns with the campaign promises of President Yoon Suk-yeol, who has promoted a stronger digital asset sector in the Asian country. The news becomes especially relevant just as Donald Trump is about to take office as the first pro-bitcoin … Read more
Uncertainty and misinformation combined to drive declines in the USDT market. Exchanges have a grace period of 6 to 18 months, to comply with MiCA. With the recent entry into force of the Regulation on the Market in Cryptoassets (MiCA) in the European Union, USDT (Tether) has been in the eyes of many. This is … Read more
The US Federal Reserve Board said today that Michael Barr will step down as vice president of banking supervision, although he will continue his duties as a member of the Federal Reserve Board of Governors, meaning there will be no new vacancy. on the seven-member board of governors. As the Federal Reserve’s chief banking regulator, … Read more
25 letters from the United States Federal Deposit Insurance Corporation (FDIC) came to light to confirm that the regulatory agency, starting in 2022, ordered banks to stop their activities with bitcoin (BTC) and other cryptocurrencies. The documents confirm long-held suspicions within the digital assets industry that federal regulators had coordinated to block banks’ free access … Read more
The Central American nation saves in BTC thinking about its economic growth. They propose bitcoin reserves in Hong Kong, ahead of China. The People’s Bank of China (PBOC) has stressed the need for regulation for the bitcoin (BTC) sector and other cryptocurrencies. This happens just a week after representatives of that Asian country met with … Read more
For years, Argentina has been living with an “exchange trap”, consisting of a set of rules that prevent the normal use and access of people and companies to the exchange market. And although President Javier Milei has promised that this trap will be eliminated in 2025, the date has not been defined; Some even venture … Read more
The United States Internal Revenue Service (IRS) issued new regulations targeting decentralized finance (DeFi) companies and their users. According to the document published by the agency, DeFi companies will be required to collect and report detailed information about customers and their transactionsaligning with the tax obligations of traditional brokers. IRS notes that DeFi platforms will … Read more