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United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor

The creation of a United States digital dollar would “crowd out” the cryptocurrency ecosystem and protect the national security of the U.S. according to a former top advisor in president Joe Biden’s administration.Daleep Singh — a former Deputy National Security Advisor for International Economics in the Biden administration — made

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55% of Americans Believe They Will Lose It All if a Recession Hits the United States – Economics Bitcoin News

According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would

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El Salvador to open a ‘Bitcoin Embassy’ in the United States

The world’s biggest cryptocurrency, Bitcoin (BTC), is connecting more countries as the government of El Salvador is opening a “Bitcoin Embassy” in the United States.El Salvador, a country that adopted Bitcoin as legal tender in 2021, is expanding its Bitcoin strategy with a new partnership with the government of Texas.

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United States to Prioritize Stablecoin Regulation, Says Chairman of Subcommittee

It remains unclear which regulator will have jurisdiction and control over different types of assets.A newly-formed United States House of Representatives committee on digital assets, financial technology, and inclusion, has revealed its plans to make stablecoin regulation its top priority. Speaking to CoinDesk on Thursday, the chairman of the committee,

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Lawyer explains new federal virtual asset law in the United Arab Emirates

The United Arab Emirates (UAE) Cabinet has decided to pass a new law that governs virtual assets, setting up the country's initial regulatory regime for the cryptocurrency space at the federal level. Before the federal-level regulation, the UAE already introduced several supervisory initiatives for digital assets in financial free zones like

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Manchester United and Tezos Foundation Accused of NFT Copyright Infringement

The $3.77 billion valued football club has been expanding its revenue collection avenues since the onset of the coronavirus, which significantly slashed the company’s profits.After debuting its NFT collectibles earlier this month, popular football club Manchester United Ltd Cl A (NYSE: MANU)  and its official blockchain provider Tezos Foundation have

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BTC, ETH Consolidate Ahead of United States GDP Data – Market Updates Bitcoin News

Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued to trade above $1,200. Bitcoin Bitcoin (BTC) continued

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