Federal Reserve Vice Chairwoman Lael Brainard testified before a House committee on Thursday on the benefits and risks of a CBDC, or central bank digital currency. Last month, the U.S. Senate confirmed Brainard to be […]
On Thursday, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action against an Oregon and Illinois resident, as well as a Florida company for fraudulently soliciting at least $44 million […]
A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law. The Court also deemed […]
In its latest move towards becoming a true digital state, Colorado is pushing a bill that aims to explore how security tokens can be used for fundraising. The Colorado Senate Bill 25 has recently passed […]
Utah’s Governor Spencer Cox has approved a bill to create a Blockchain and Digital Innovation Task Force, which will enable Utah to recommend policy actions to the government. This comes nearly three years after talks […]
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Academics and businessmen have questioned the Central African Republic’s government’s […]
On a recent episode of The Best Business Show, bitcoin investor Anthony Pompliano shared his thoughts on The Federal Reserve’s latest interest rate hike, arguing that the the agency “has lost all control” of the […]
In a circular released earlier this week, the Nepal Telecommunications Authority (TPA) has warned against the use of crypto instruments that are not legally recognized in the country. Meanwhile, local reports claim that the regulatory body is […]
On Tuesday, the Brazilian Senate plenary passed a bill that would regulate crypto transactions in the country, by introducing “virtual service providers.” Introduced by Senator Flavio Arns, the bill now moves forward to the Brazilian […]
On Wednesday, New York mayor Eric Adams raised concern from financial watchdogs after he suggested that New York scrap its seven-year longstanding BitLicense rule. First established in 2014, the BitLicense regulation requires any New York-based […]
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