Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
Missouri lawmakers have been trying hard to pass an anti-CBDC bill, and one of these days, they may succeed.
The judge ordered David Brend to report to a federal prison in Florida by Dec. 16 to serve his 120-month sentence.
India has recovered $14 million in goods and services tax from crypto firms like WazirX, but Binance has yet to pay its $85 million tax evasion liabilities, the minister said.
One analyst said South Korea’s limiting of the market to a few players helped cause a sudden decrease in liquidity.
Once RLUSD is available, Ripple plans to use both RLUSD and XRP in its cross-border payments solution.
Sweeping proposed changes would force most crypto firms in Australia to obtain financial licensing, which some worry could drive innovators offshore.
Roger Ver argued that the IRS’ exit tax for renounced US citizens with over $2 million in assets is unconstitutional and “impermissibly vague.”
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin.
The president-elect called Atkins a “proven leader for common sense regulations” due to his prior experience as an SEC commissioner.