Michael Jayellis of the CIA has hinted that Bitcoin is here to stay, as he confirms a global competition to dominate the asset. According to him, crypto could be used…
Browsing: the US
U.S. banks can now engage in crypto-related activities without notifying their leading supervisory point of contact at the Federal Reserve; supervisory letters are withdrawn. The Federal Reserve Board has also…
A recent report by VanEck has disclosed that China and Russia are settling energy trade with Bitcoin and other cryptos. Multiple countries have also been reported to explore ways to…
The latest statement released by the US Securities and Exchange Commission (SEC) has clarified that crypto mining does not constitute securities violation. The report explains that both Solo Mining and…
Dogecoin Foundation appears to challenge the policy rumored to eliminate the capital gains taxes on US-issued cryptos. According to reports, a successful implementation of this policy could drive a huge…
China’s approval of $1.4 trillion to mitigate the receding economy and meet its GDP growth target has been met with disappointment. The country is reported to have finished 2023 with…
The BRICS currency, which is reported to be in development, is said to be backed by 40% gold and 60% local currencies. The currency is disclosed to be apolitical and…
An industry expert predicts that the purchasing power of the US Dollar could reduce to zero from the current 3% amid the de-dollarization strategy led by the BRICS nations. According…
MicroStrategy Incorporated has disclosed that it acquired 18,300 Bitcoins for $1.11 billion between August 6 and September 12, 2024. The company’s co-founder, Michael Saylor, also owns Bitcoin worth $1 billion…
El Salvador’s president Nayib Bukele discloses profit and numerous benefits since legalizing Bitcoin as a legal tender in 2021. He said potential profits and financial inclusion fueled their Bitcoin move.…
The US is projected to breach the debt ceiling as early as June 1. Investors could be forced to adopt risk assets to secure their wealth against rising inflation. Bitcoin…