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US President Biden to Issue Executive Order on Crypto This Week: Report
21.2.2022
U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy to regulate crypto assets. Executive Order on Crypto Expected This Week U.S. President Joe Biden...
Ukrainian Parliament Adopts Amended Virtual Assets Law
18.2.2022
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes. Majority of Ukrainian Deputies...
US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
18.2.2022
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned...
President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus
16.2.2022
President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims...
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
16.2.2022
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per month. Meanwhile, the U.S. Federal Reserve is expected to raise the benchmark interest...
Belarus president signs decree to support free circulation of crypto
15.2.2022
The decree provides a legal basis for Belarus Hi-Tech Park to set up a register of crypto wallets used in illegal activities
ECB Chief Lagarde Says Digital Euro Will Not Replace Cash — But Could Offer Convenient, Cost-Free Means of Payment
15.2.2022
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to pay and make it easier to do so, contributing to accessibility and inclusion,”...
Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead
11.2.2022
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, ​​Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump...
US Federal Reserve bank at the helm of CBDC research effort appoints new president
10.2.2022
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank
Kazakhstan President Orders Government to Find All Miners and Raise Tax by April
10.2.2022
President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted....
Ricardo Salinas Pliego Hints at Elektra Group Selling Bitcoin in Its Stores
10.2.2022
Ricardo Salinas Pliego, president of the Salinas Group, owner of the Elektra Group stores, hinted at the possibility of the shops selling bitcoin. The executive stated that due to the regulations of the Central Bank of Mexico, his company cannot implement cryptocurrency integration in the Azteca...
El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
2.2.2022
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend...
Salvadoran President Nayib Bukele Expects Bitcoin to Experience a ‘Gigantic Price Increase’
31.1.2022
El Salvador’s president, Nayib Bukele, believes that it’s just a matter of time before bitcoin sees a “gigantic price increase.” Bukele stressed on Twitter that bitcoin is extremely scarce and there’s not enough bitcoin in the world for all today’s...
El Salvador president predicts ‘gigantic price increase’ for Bitcoin
31.1.2022
There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
30.1.2022
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy....
Barstool Sports Blog Founder Dave Portnoy Spends a ‘Cool Million’ on 29 Bitcoin
28.1.2022
The founder of Barstool Sports blog, Dave Portnoy, announced he purchased 29 bitcoin on January 28, spending more than a million dollars. The day trader has had his ups and downs with bitcoin over the last few years, and it seems he’s now jumping back into the market. Day Trader Dave Portnoy...
Turkey’s President Erdogan Instructs Ruling Party to Study Cryptocurrency, Metaverse
28.1.2022
The president of Turkey, Recep Tayyip Erdoğan, has reportedly instructed the country’s ruling party to conduct a study on cryptocurrency and the metaverse. “It is a sensitive subject, a good and meticulous study should be done,” said President Erdoğan. Turkish...
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential
27.1.2022
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian leader also emphasized Russia’s strengths as a crypto mining destination. Putin Asks Ministers...
FTX US Raises $400 Million in Series A, Trading Platform’s Valuation Now $8 Billion
26.1.2022
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brings the U.S.-based trading platform’s post valuation to $8 billion....
Turkish president orders ruling party to organize metaverse forum
26.1.2022
Turkish officials have recently identified the metaverse as a priority area for policy development