US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded

Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar. 55 Total views 1 Total shares The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.On…

Users can get a username through Coinbase Wallet’s browser extension and use it to send and receive crypto tokens instead of the traditional address. 169 Total views 31 Total shares As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames…

Antigua and Barbuda’s House of Representatives passed a cryptocurrency regulation bill on May 27. With this bill, they have taken steps towards becoming digital asset-friendly destinations in the Caribbean.The regulatory framework, called “The Digital Assets Business Bill 2020”, aims to regulate crypto companies that establish their operations on the island and provide protection for both…

Evan Kuhn, Toronto-based cryptocurrency exchange Coinberry’s co-founder, stated that accepting Bitcoin (BTC) for taxes is more efficient than using bank card payments.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn claims that his company takes much lower fees than the ones that card institutions impose on their clients, noting: “A credit card company…

Chamath Palihapitiya, the billionaire chairman of spaceflight company Virgin Galactic, has recommended that everyone hold Bitcoin (BTC) as a form of crisis insurance. Speaking on CNBC’s Squawk Box, Palihapitiya said he believes that “everybody should probably have 1% of their assets in Bitcoin.” Palihapitiya said that Bitcoin comprises a “fantastic hedge,” as every other financial instrument is…

The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.

“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. 306 Total views 5 Total shares The Bermuda government is pushing on with its ambitious plans to become…

The Steem (STEEM) community announced its intention to create a new platform in the wake of the controversy with Justin Sun. According to a blog post published on March 18, the new platform, named Hive, will launch on March 20.The new platform will initially be launched as an exact code fork of the Steem blockchain,…