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While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens.According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance
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Federal Reserve Chair Jerome Powell said he does not intend to ban cryptocurrencies cryptocurrencies, but said stablecoins need greater regulatory oversight in a House Financial Services Committee meeting on Thursday.The two-hour long meeting, meant to serve as a forum for representatives to ask Treasury Secretary Janet Yellen and Powell about
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Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question “Was this correct?” regarding his company’s decision to ban U.S. President Donald Trump from the platform following last week’s attack on the Capitol. After that opening expression of doubt, he proceeded to answer that yes, it was.UPDATE
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Ray Dalio, the founder and co-chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they start to become “material.”In an interview with Yahoo Finance, Dalio said he
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TikTok has decided to file a lawsuit against the Trump administration challenging the executive order banning TikTok’s U.S. transactions. TikTok blames the Trump government for lack of due process and unwillingness to engage in a constructive solution.TikTok is all prepared to challenge the executive order by the Trump administration which
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Flex Yang is co-founder and CEO of Babel Finance. Babel Finance is one of China’s largest financial service providers. The firm works with crypto mining companies
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Great news for cryptocurrency miners as they can now leverage China’s abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities.It’s a great moment of cheer for all cryptocurrency miners carrying out operations based out of China. In the latest development, the China National Development and Reform Commission
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