Tue, March 31

Tulsi Gabbard Slams Biden Administration Disregarding For Bitcoin

Former U.S. Congresswoman Tulsi Gabbard recently voiced her criticism of the Biden administration, accusing them of neglecting the significant impact that Bitcoin has on people’s lives worldwide. In a statement, Gabbard emphasized that while Bitcoin is transforming the way people conduct financial transactions and empowering individuals globally, the current administration

May 20, 2023 2 mins read

Proof of Reserve’s Legislation Inches Closer To Becoming a Law in Texas

Reserves “in an amount sufficient to fulfil all obligations to customers” may soon be required by exchanges in Texas under the proposed legislation. The state Senate approved the measure on May 15. And it now only needs the governor, Greg Abbott’s signature to become law. Earlier this year, the Texas

May 19, 2023 1 min read

Morgan Stanley CEO Reportedly Stepping Down in a Years Span

Morgan Stanley CEO James Gorman reportedly has plans to step away from his position sometime within the next year. The position of executive chairman, however, will be his new responsibility. After 13 years at the helm, his tenure as CEO is coming to an end. During his tenure, the company

May 19, 2023 2 mins read

Bitcoin Custody Service to be Launched on Custodia Bank, Says Caitlin Long

On a Bitcoin 2023 panel, several authority officials including the CEO of Custodia Bank, Caitlin Long, and the Head of Market Research of Bitcoin Magazine, Dylan LeClair, and others appeared. Caitlin Long announced that the Custodia Bank will be launching a Bitcoin custody service when the ‘hyperbitcoinization’ hasn’t begun yet.

May 19, 2023 2 mins read

U.S. Initial Jobless Claims Fell To 242k as per Labor Department

The number of persons making new claims for unemployment benefits each week fell to 242,000 from the previous week’s 264,000, according to figures released by the Department of Labor on Thursday. This is a significant drop of 22,000 from the previous week’s total. Claims from those who have been collecting

May 18, 2023 1 min read

Pakistan Announces Ban on Crypto Sector Amid Economic Woes

On Wednesday, May 17, the Senate Standing Committee on Finance in Pakistan ordered new cryptocurrency regulation laws to be drafted. Inflation hit an all-time high of almost 36% in the month of April 2023, adding to the country’s other economic woes. Minister of State for Finance Ayesha Ghos Pasha said

May 18, 2023 1 min read

UK Committee Proposes Gambling Regulations for Retail Crypto Trading

For retail investors, unbacked cryptocurrencies like Bitcoin (BTC) should be considered as gambling, according to a new recommendation by a UK regulatory group. The Treasury Select Committee, a cross-party committee made up of members of Parliament, “strongly recommended” this approach for the trading of digital assets in a report released

May 17, 2023 2 mins read

Crypto Legal Framework MiCA Gets Final Approval by EU Council

Members of the Council of the European Union voted in favor of the Markets in Crypto-Assets (MiCA) legislation on May 16. Granting it final approval and paving the way for it to become a standardized regulation throughout the EU. There were 27 yes votes from Finance Ministers from EU member

May 16, 2023 1 min read

Pepe Coin’s Surge: Could it Impact Bitcoin’s Long-Term Prospects?

Meme coins, which frequently feature popular animals such as cats and dogs, have been a common presence in the cryptocurrency sector. Pepe Coin, a new participant in this arena, has recently debuted, grabbing attention with its outstanding price performance. Early Pepe Coin investors saw substantial gains ranging from hundreds to millions

May 15, 2023 1 min read
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