Trump signs executive order for working group on crypto
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.
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Bitcoin sell pressure may hit zero in July thanks to Grayscale’s giant 16K BTC unlocking
The biggest single unlocking day will flush sellers from the market in July, opening up both volatility and bullish potential. 3946 Total views 4 Total shares Institutional Bitcoin (BTC) investors are in the spotlight as an upcoming major cashout date sparks talk of fresh price volatility.As noted by popular Twitter commentator Loomdart and others this…

New Zealand’s Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins. The Reserve Bank of New Zealand says a central bank digital currency might be a “solution” to the ongoing reduction in…

Biggest GBTC discount ever — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with analysts looking for a bottom — but one which may not mean a dip to $40,000 or lower.After an unremarkable weekend, Bitcoin bulls now face a fresh week of bearish sentiment across the global economy as risk appetite stays tepid.Amid the lack of a "Santa rally" for practically…

ECB president Lagarde renews calls for global regulation of Bitcoin
In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity." 2210 Total views 25 Total shares The European Central Bank president Christine Lagarde has repeated her insistence that global regulators need to tighten the rules to ensure Bitcoin (BTC) falls under more coordinated oversight. In…

Huobi Opens First Russian Office in Partnership with State Bank’s Digital Tech Center
Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russia on Thursday, Dec. 6, according to a press release shared with Cointelegraph today.The Moscow-based exchange, dubbed Huobi Russia, is established in partnership with the state-owned Russian Development Bank’s (VEB) Digital Transformation Center and supported by Huobi’s regional exchange partnership program, Huobi Cloud.The Center…

Crypto innovators of color restricted by the rules aimed to protect them
Historically, Black and Brown communities have had restricted access to opportunities for generational-wealth building. Crypto offers a chance to redress that balance… but an opaque mess of laws and regulations around crypto services and a prohibition on certain wealth-generation opportunities are standing in the way of that happening. Controversial language in the United States’ recently enacted…

DC Attorney General sues Michael Saylor and MicroStrategy for tax evasion
"If you enjoy all the benefits of living in our great city while refusing to pay your fair share in taxes, we will hold you accountable,” said DC Attorney General Karl Racine. 73 Total views 2 Total shares Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his…

Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing.