Bitfinex Securities debuts tokenized US T-bills under El Salvador laws
Bitfinex Securities’ initial offering targets to raise a minimum of $30 million to proceed with the issuance of the token that will be traded under the ticker USTBL.
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Bitcoin Price Drops to $6.1K Shortly After Equities Markets Close Red
After trading in the $6,450 to $6,850 range for the past eight days, Bitcoin (BTC) price finally made a larger move, this time to the downside, as the digital asset dropped 8.72% to a daily low at $6,068. The move somewhat mirrors the performance of traditional markets, which also closed the day with losses. The Dow…

Reserve Bank of India mulls first steps toward an eventual CBDC
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. 66 Total views 1 Total shares The Reserve Bank of India, or RBI, continues to investigate the issuance of a central bank digital currency, or CBDC.T Rabi Sankar, the deputy governor of RBI, said in…

South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold
South Korean police have raided the office of a local firm whose alleged crypto scam promised investors the spoils of a sunken Russian warship, The Korea Herald reported August 7. The Seoul Metropolitan Police Agency reportedly sent 27 investigators from its white collar unit to to collect evidence from the premises of Shinil Group in…

US Library of Congress report highlights proof-of-stake tax blindspot
The taxman still isn't wise to cryptocurrency earnings made through proof-of-stake. But that could change soon. 982 Total views 9 Total shares Republican Representative Tom Emmer has called for more precise tax guidelines regarding cryptocurrency earnings, after a report he commissioned from the Law Library of Congress showed a stark disparity between regulatory approaches taken…

US Treasury: AI brings huge opportunities, risks to financial stability
Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come.

Future of Web3 security with Immunefi and Brave CEOs: The Bug House 2022
Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community. In a panel hosted by Cointelegraph, editor-in-chief Kristina Lucrezia Cornèr sat with Mitchell Amador, founder and CEO at Immunefi, and Brendan Eich, founder…

Bittrex Returning Crypto Funds to Iranian Users After 2-Year Freeze
Crypto exchange Bittrex will give frozen holdings back to its Iranian users, which the exchange suspended two years ago due to the requirements of United States’ regulators.Bittrex’s Iran-based users began receiving letters from the exchange that promise to return them the funds frozen back in 2017, according to a Nov. 8 tweet published by Bittrex…

Bitcoin Price Breaks $7,000 as US Stock Market Sees Minor Uptick
Bitcoin breaks $7,000 again, with most of the top 20 cryptocurrencies reporting moderate gains. 1045 Total views 29 Total shares Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time…