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US Senator Warren introduces bill to study crypto’s role in ransomware

As cryptocurrency adoption continues apace in the United States,  lawmakers want to better understand how it's used — for both legal and illegal purposes.The Ransom Disclosure Act, introduced by Senator Elizabeth Warren and Congresswoman Deborah Ross, would require victims of ransomware attacks to disclose information about ransom payments to the

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ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls Them Highly Speculative, Suspicious – Regulation Bitcoin News

The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy consumption.” She also discussed the need for stablecoin regulation and central bank digital currencies (CBDCs). Lagarde: ‘Cryptos Are Not Currencies. Full

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As Leading Cryptos Dip Lower in Value, Elrond, Osmosis, Tron, Cosmos Token Values Climb – Market Updates Bitcoin News

On Sunday, digital currency markets have seen some slight improvements but overall since September 6, 2021, the $2.21 trillion cryptocurrency market capitalization is down 9.79% from $2.45 trillion. While dominant coins like bitcoin and ethereum have slid between 8-12% during the last week, a number of other digital assets have

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NBA’s Dallas Mavericks’ Shop to Give Rewards to Customers Paying With Dogecoin and Other Cryptos – Bitcoin News

The professional basketball team owned by the billionaire Mark Cuban, the Dallas Mavericks, announced “Mavs Cryptomania,” which gives Dallasmavs.shop customers a $25 e-gift card if they pay with cryptocurrencies like bitcoin, ethereum, bitcoin cash, and dogecoin. The Mav’s owner has been a big proponent of crypto assets and the Mav’s

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Biden’s infrastructure bill doesn’t undermine crypto’s bridge to the future

It was a topsy turvy week — “staggering,” a crypto veteran called it. One that saw United States Senator Ted Cruz and Senator Ron Wyden collaborate on behalf of the cryptocurrency and blockchain industry — albeit, in a lost cause. These events could eventually pave the way for future regulatory

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FinCEN’s new digital currency advisor says crypto’s ‘just another means of payment’

Michele Korver, the first-ever chief digital currency advisor for the Financial Crimes Enforcement Network’s (FinCEN), believes crypto assets are just another way of transferring value.Speaking to Law360 on July 29, the newly appointed Korver said cryptocurrency was "just another means of payment or value transfer that's developed over time, just

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Singapore: Survey Shows Majority of Young People Own Bitcoin (BTC), Ether (ETH), Other Cryptos

A recent survey conducted by the Australian cryptocurrency exchange Independent Reserve revealed that bitcoin was the preferred cryptocurrency asset among young adults, followed by ether. Bitcoin and Ethereum Popular Among Singaporeans The crypto exchange published the result of its survey on Monday (July 26, 2021). According to the report, the study was

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DeFi growth helps push crypto’s share of the global money supply above 2%

This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin. While the price action from Dogecoin (DOGE)

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