Vietnam's Prime Minister Says Country Needs to Regulate Crypto
The country's lawmakers have been pressuring the Prime Minister to clarify his stance towards virtual assets, which aren’t recognized as property yet. Original Source
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Liz Truss Steps Down as UK Prime Minister
Her departure leaves the fate of proposed crypto bills hanging. Source
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Crypto Custodian Prime Trust Agrees to Return $17M in Tokens to Bankrupt Lender Celsius
Celsius had sued Prime Trust in August, alleging that Prime Trust had improperly withheld the tokens when the two terminated their contract in June 2021. The assets, made up of 398 BTC, 196,268 CEL tokens, 3,740 ETH and 2.2 million USDC valued at roughly $17 million, were tied to Celsius’
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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December – Regulation Bitcoin News
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation
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Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge
Bitcoin devotees have long said that the cryptocurrency's scarcity would help investors preserve the value of their money during times of high inflation. Bitcoin's market valuation, however, has halved to $427 billion this year despite rampant inflation. Source
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Hungary’s Prime Minister Says ‘Europe Has Run out of Energy’ Amid Russia’s Gas Standoff – Economics Bitcoin News
Europe is suffering and struggling to contain an energy crisis according to various reports that say the eurozone might have to deal with a cold winter that could lead to energy rationing and blackouts. A recent survey published by the General Confederation of Greek Workers (GSEE) shows seven out of
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What New UK Prime Minister Liz Truss Says About Cryptocurrencies – Regulation Bitcoin News
Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.” Truss beat former Chancellor of the Exchequer Rishi Sunak, who had a plan to make the U.K. a crypto-friendly nation. Liz Truss Becomes Britain’s New Prime Minister Liz Truss has won the
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Liz Truss, who said UK ‘should welcome cryptocurrencies’ will be the next prime minister
After a race for the leadership of the Conservative Party, Secretary of State for Foreign, Commonwealth and Development affairs Liz Truss defeated former Chancellor of the Exchequer Rishi Sunak and will be the next prime minister of the United Kingdom.Boris Johnson, who served as the U.K. prime minister since 2019,
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Liz Truss to Become UK Prime Minister After Winning Conservative Party Leadership
Who Truss chooses as the next chancellor of the exchequer could also have an impact on U.K. crypto policies. Kwasi Kwarteng, the current secretary of state for business, energy and industrial strategy and who supported Truss’s ambitions to become PM, could be appointed finance minister. Original Source
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Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto
Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency.In a Tuesday filing with the U.S. Bankruptcy Court in the Southern District of New York, Celsius’ legal team brought a complaint against Prime Trust, alleging the
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