Venues Banned from Hosting Crypto Events in Beijing’s Finance District
Commercial properties in downtown Beijing have been ordered not to provide venues for events that promote cryptocurrency.
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Bitcoin Above $28K Buoyed by California ‘BitLicense’ Bill Being Signed
Bitcoin (BTC) stood above the $28,400 level in European morning hours on Tuesday amid generally positive sentiment about the asset’s near-term future and a fundamental crypto law signed in the U.S., which likely helped buoy prices.California Governor Gavin Newsom signed a crypto licensing bill on Friday, set to take effect in July 2025, in a
Ethereum Layer 2 Blast Has Crypto Users Split on Its Impact
More than $225 million has been deposited since Monday, despite withdrawals being closed until March.Users can receive "Blast points" for staking assets and referring new users, a reward program some observers say is reminiscent of a pyramid scheme.Blast is now the seventh-largest holder of staked ether.Blast, a layer-2 blockchain scheduled to go live in March
US Senators Raise Crypto Mining Concerns, Propose Government Blockchains
The U.S. Senate Committee on Energy and Natural Resources hosted a hearing Tuesday on the "energy efficiency of blockchain and similar technologies."
Canadian Municipality Set to Accept Bitcoin for Property Tax Payments
news A municipality in Canada is set to accept bitcoin for property tax payments starting next month as part of a one-year trial. The Town of Innisfil, Ontario, announced Thursday that the cryptocurrency payment option will be offered in partnership with Toronto-based digital assets trading platform Coinberry. Starting April, approximately 36,000 residents of the town…
Zuckerberg: Facebook Would Quit Libra if the Association Launched Prematurely
news WASHINGTON – Facebook CEO Mark Zuckerberg told lawmakers that the company would pull out of the Libra Association in the event the consortium launched its proposed cryptocurrency without all needed regulatory approvals. In a hearing of the House Financial Services Committee Wednesday, Zuckerberg fielded pointed questions on a variety of controversial issues around the…
Digital Yen Now ‘Top Priority’ for Japan Central Bank, Says Senior Official
Jul 29, 2020 at 11:32 UTC(Mc_Cloud / Shutterstock)Digital Yen Now ‘Top Priority’ for Japan Central Bank, Says Senior OfficialAs pressure mounts to catch up with rival China, a Bank of Japan (BoJ) official has said digital currencies are a top priority. Speaking to Japanese news outlet The Asahi Shimbun, departmental director-general Takeshi Kimura described the…
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam, which is remarkable considering Bitcoin NFTs didn’t effectively exist before the enabling of inscriptions on the Bitcoin mainnet in January 2023.The data shows that in the past thirty days, Bitcoin NFTs have grossed about $167…
Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet
Michael Dell, CEO of $100-billion-plus market cap Dell Technologies (DELL), showed at least some vague interest in bitcoin (BTC), recirculating a BTC-friendly post on X from Bitcoin evangelist Michael Saylor.It started Thursday when Dell posted, "Scarcity creates value." That prompted a reply from Saylor, the executive chairman of MicroStrategy (MSTR), saying, "Bitcoin is Digital Scarcity,"