Federal Reserve Chair Jerome Powell reiterated the need for a regulatory framework for stablecoins and signaled that the Fed has no intention of limiting the banking sectors interaction with the crypto industry. Speaking at The Economic Club of Chicago on April 16, Powell said both chambers of Congress are revisiting efforts to legislate a stablecoin […]
Bitcoin Magazine Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits In yet another milestone for Bitcoin adoption in Latin America, the Panama City Council has voted to approve the acceptance of Bitcoin and other digital currencies for municipal services, making it the first public institution in the country to do so.
Panama City Approves Bitcoin and Crypto Payments for Taxes, Fees, and Permits Read More »
China is considering introducing a nationwide policy to govern the handling of cryptocurrencies seized from criminal activities, Reuters reported on April 16. According to the report, Chinese authorities have seized a growing number of digital assets related to illicit activities such as fraud and money laundering. However, the absence of clear guidelines has led to
China debates $50B in seized crypto policy shift, urged to create national reserve Read More »
The combined valuation of all cryptocurrencies has fallen by around 3.65%, or $97 billion, in the past 24 hours to reach $2.58 trillion on April 16. TOTAL crypto market cap four-hour performance chart. Source: TradingView The top catalysts that are driving the crypto market lower today include: An ongoing tech sector slump. Reports about China
Why is the crypto market down today? Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Galaxy Digital, the cryptocurrency investment company led by Michael Novogratz, has sent 25,000 Ethereum tokens to Binance exchange in the last three days. The huge transfer of digital assets, which amounts to more than $40 million, occurs just a short while after
Massive Ethereum Move: Galaxy Digital Sends $40 Million To Binance In 72 Hours Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Germany’s Christian Democratic Union (CDU) has radically altered its position on cryptocurrency from critic to advocate in the run-up to the formation of the nation’s new government. The political party, once a leader in advocating hardline regulations against digital assets, now seeks
Crypto Comeback? Germany’s Next Ruling Party Reverses Its Stance Read More »
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Solana Hits Milestone as Canada OKs First Spot ETFs Read More »
VanEck’s head of digital assets research, Matthew Sigel, has proposed the introduction of “BitBonds,” a hybrid debt instrument combining US Treasuries with Bitcoin (BTC) exposure, as a novel strategy for managing the government’s looming $14 trillion refinancing requirement. The concept was presented at the Strategic Bitcoin Reserve Summit and aims to address sovereign funding needs
VanEck proposes Bitcoin-linked Treasury bonds to offset $14 trillion in US debt Read More »
Developers and operators of decentralized privacy protocols remain exposed to potential US sanctions enforcement despite the Treasury Department’s Office of Foreign Assets Control (OFAC) removing Tornado Cash smart contracts from its sanctions in March. According to an April 15 report published by the DeFi Education Fund, while the Fifth Circuit Court of Appeals ruled that Tornado
OFAC keeps developers in the crosshairs despite Tornado Cash delisting Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Public companies have added nearly 100,000 Bitcoin to their balance sheets during the first quarter of 2025, pushing total corporate Bitcoin holdings to a staggering 688,000 BTC worth $56.7 billion. According to data from crypto fund issuer Bitwise, this represents a 16%
Bitcoin Adoption Grows As Public Firms Raise Holdings In Q1 Read More »
