Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

El Salvador made history in September 2021 by becoming the first country to officially recognize Bitcoin as legal tender. 636 Total views 58 Total shares Businesses in El Salvador have been slow to adopt Bitcoin (BTC) ever since the country famously recognized the digital asset as legal tender in September 2021, according to a recent…

United States Congress is considering a draft bill that claims all managed stablecoins must be seen as investment contracts and therefore as securities.Libra in the United StatesThe U.S. Representative for Texas's 29th congressional district, Sylvia Garcia, introduced a draft bill to the House Financial Services Committee on Oct. 18. The draft bill, called the ‘‘Stablecoins…

As the price of Bitcoin (BTC) showed weakness in the past week, the crucial support zone around $11,200, nevertheless, held. Several arguments were given for the volatility throughout the week with Powell’s speech at Jackson Hole and the expiration of futures and options occurring over the past few days.But more importantly, the crucial support level…

The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.” Own this piece of crypto history Collect this article as NFTWhile some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders…

Candace Browning, the bank's head of global research, described cryptocurrency as "one of the fastest growing emerging technology ecosystems." 237 Total views 4 Total shares A new team at the second-largest bank in the United States will reportedly be devoted entirely to researching cryptocurrencies.According to a Thursday Bloomberg report, Alkesh Shah from Bank of America’s…

Major cryptocurrency exchange Binance has launched peer-to-peer (P2P) trading for the Vietnamese dong (VND).Vietnam-based Binance users can now directly purchase and sell major cryptocurrencies using VND through the latest versions of the Binance P2P mobile app on iOS and Android.The four supported cryptocurrencies include Bitcoin (BTC), Ether (ETH), major stablecoin Tether (USDT) as well as…

pTokens has now listed Ethereum-compatible pLTC tokens on the Kyber Network. The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project.Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other…

Investors across asset classes have been keeping a close watch on the United States Federal Reserve’s monetary policy because that sets the stage for a risk-on or a risk-off environment. The strong rally in the U.S. stock markets on Jan. 6 and in cryptocurrencies over the weekend suggests that market observers anticipate the Fed to slow…

The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips. The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties. According to a report from Reuters