The EU Parliament’s committee on economic and monetary affairs voted on Monday to move forward with a legislative framework for regulating digital assets. Continue Reading →
Bitcoin
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President Biden signed an executive order on Wednesday calling on the government to examine the risks and benefits of cryptocurrencies including the potential for a U.S. central bank digital currency (CBDC). The measures focus on six key areas: consumer protection, financial stability, illicit activity, U.S. competitiveness, financial inclusion, and responsible innovation. Continue Reading →
Key Russian figures and financial institutions have been placed on a U.S. sanctions list, and key Russian banks have been removed from the SWIFT interbank system. As a result, the value of a Russian ruble has plunged, which raises the question: can crypto be used by Russia to avoid sanctions? Continue Reading →
First, my heart goes out to the people of the Ukraine and to the innocent victims of Russia's brutal attack. The people of Ukraine are fighting for their lives. Hopefully, the international community will figure out a way to get Russia to stand down. Continue Reading →
U.S. senators on Wednesday introduced legislation requiring the State Department to write a report on El Salvador's Bitcoin Law and develop a plan to "mitigate potential risks to the U.S. financial system." Continue Reading →
Coinbase's remarkably clever "Less talk, more Bitcoin" Super Bowl TV commercial was so effective that it appears to have broken the internet. (The site was down for a while during the game.) Continue Reading →
Officials seized more than 94,000 bitcoin from Ilya Lichtenstein, 34, and his wife, Heather Morgan, 31, who are accused of conspiracy to launder, not of actually hacking 119,000 BTC from Hong Kong's Bitfinex exchange back in 2016. Continue Reading →
A popular internet meme: On November 12, 2021, Odell Beckham, Jr. signed a deal with the Los Angeles Rams for $750,000, which he accepted in bitcoin (BTC). Continue Reading →
AMC Entertainment chairman-CEO Adam Aron tweeted that in addition to Bitcoin (BTC), the chain will expand its crypto acceptance plans to include Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) for U.S. movie tickets and concessions ordered online by the end of the year, which again raises a very personal question: How do I feel about buying a slice of pizza and a Diet Coke with four (4) bitcoins back in April 2011? Continue Reading →
"El Salvador just bought 200 new coins," President Nayib Bukele tweeted on Monday night. "We now hold 400 #bitcoin". Wow. This is both amazing and insane. Continue Reading →