Twitter CEO Jack Dorsey has unfollowed Elizabeth Warren just hours after she trashed Bitcoin during a June 9 Senate hearing that was focused on central bank digital currencies. In her opening remarks, the Massachusetts senator described the largest cryptocurrency as a “lousy investment” and “a haven for illegal activity.” Warren also called for a […]
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Twitter CEO Jack Dorsey has unfollowed Elizabeth Warren just hours after she trashed Bitcoin during a June 9 Senate hearing that was focused on central bank digital currencies. In her opening remarks, the Massachusetts senator described the largest cryptocurrency as a “lousy investment” and “a haven for illegal activity.” Warren also called for a […]
Citing various top sources from the Indian crypto industry, The New Indian Express has reported that El Salvador’s historic embracing of Bitcoin has led the government to consider qualifying Bitcoin as an asset class in the country. Indian regulator SEBI to oversee crypto regulation After the president of El Salvador announced that Bitcoin has been adopted as […]
Citing various top sources from the Indian crypto industry, The New Indian Express has reported that El Salvador’s historic embracing of Bitcoin has led the government to consider qualifying Bitcoin as an asset class in the country. Indian regulator SEBI to oversee crypto regulation After the president of El Salvador announced that Bitcoin has been adopted as […]
As reported by Reuters, the Basel Committee on Banking Supervision (BCBS) has suggested that banks should prepare enough funds to compensate any losses on Bitcoin holdings in full. This is a “conservative” step that may stop major banks from using Bitcoin on a large scale. Thus, Swiss-based BCBS has put Bitcoin in the highest risk category in […]
As reported by Reuters, the Basel Committee on Banking Supervision (BCBS) has suggested that banks should prepare enough funds to compensate any losses on Bitcoin holdings in full. This is a “conservative” step that may stop major banks from using Bitcoin on a large scale. Thus, Swiss-based BCBS has put Bitcoin in the highest risk category in […]
The flagship digital currency has soared to hit the $38,250 level at 11:07 a.m. in London after global banking regulator the Basel Committee proposed tough capital controls for banks, showing that it is taking Bitcoin very seriously now. Bitcoin is up 5.1 percent thanks to Basel Committee on Banking Supervision As has just been reported […]
The flagship digital currency has soared to hit the $38,250 level at 11:07 a.m. in London after global banking regulator the Basel Committee proposed tough capital controls for banks, showing that it is taking Bitcoin very seriously now. Bitcoin is up 5.1 percent thanks to Basel Committee on Banking Supervision As has just been reported […]
The International Monetary Fund sees financial and legal issues with El Salvador’s big decision to become the world’s first country to adopt Bitcoin as legal tender, Reuters reports. IMF spokesperson Gerry Rice claims that the organization will closely follow those developments while adding that cryptocurrencies can come with “significant risks”: Crypto assets can pose significant […]
The International Monetary Fund sees financial and legal issues with El Salvador’s big decision to become the world’s first country to adopt Bitcoin as legal tender, Reuters reports. IMF spokesperson Gerry Rice claims that the organization will closely follow those developments while adding that cryptocurrencies can come with “significant risks”: Crypto assets can pose significant […]