Cryptocurrency Analysis and News Portal
Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona. In a recent tweet, Rogers cited data from investment firm Goldman Sachs that BTC is the best-performing asset in the world and announced that
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Before his latest move to push for crypto payments at Capitol Hill, Cruz has always supported crypto assets.US Senator Ted Cruz is advocating for accepting crypto payments at Capitol Hill. His proposal, submitted on the 25th of January, requires Capitol Hill vendors to accept crypto payments. The Texas lawmaker introduced
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Texas Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.Cruz introduced a concurrent resolution dated Jan. 25 that would only allow vending machine and food service contractors that accept crypto as a payment
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Japan is also using its position on the International Financial Stability Board to push for global regulations of the cryptocurrency industry.Japanese financial regulators have urged their counterparts globally to toughen crypto regulations, according to a Bloomberg report. The call was made by the Deputy Director-General of the Financial Services Agency’s
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In addition to challenging TikTok, Tencent also connects its products with Channels to help creators to stream content.Chinese multinational and entertainment company Tencent Holdings is set to challenge ByteDance’s dominance with its own TikTok. A source revealed that Tencent had created a team of content creators to launch its own
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Speaking with CryptoX, Swan Bitcoin Managing Director Steven Lubka said he expects inflation numbers to continue to soften in the first half of 2023, which should give the Fed room to somewhat soften its stance. Lubka, however, is concerned that CPI prints in the second half of the year may
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Major crypto exchange Binance initially pushed back against a Bloomberg report that its Binance-Peg BUSD stablecoin “doesn’t always appear to have been completely backed by BUSD”. In a Jan. 10 blog post, Binance said the basis for the report — later amended to clarify the difference between a pegged and backed
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The few months toward the end of 2022 brought devastating events in the crypto industry. With the collapse of the FTX crypto exchange, chaos erupted in the crypto markets. Prices of almost all the crypto assets took a hit. Also, the negative contagion effect sprung up within the crypto space
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The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step.Fabio Panetta, the executive board member of the European Central Bank (ECB), recently published a pushing forward the need for developing a central bank digital currency (CBDC). As per the previous reports, the ECB has been
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Francois Villeroy de Galhau, the Bank of France’s governor, has urged for more stringent licensing requirements for crypto companies in France, citing the current turmoil in the crypto markets.During a speech in Paris on Jan. 5, the central bank governor said France shouldn’t wait for upcoming EU crypto laws to
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