US House Passes $1.9 Trillion COVID-19 Relief Package, $1,400 Direct Check Provisions Included

The US House of Representatives passed President Biden's $1.9 trillion stimulus bill this weekend.

Vice President of Nigeria Tips Cryptocurrencies To Challenge Traditional Banking

Following the ban on cryptocurrencies, Nigerian Vice President has predicted a radical shift in the financial system that could see digital assets emerge as frontrunners.

Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited

In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets.

Blockchain and crypto will challenge current finance, Nigeria VP says

Yemi Osinbajo sees potential for crypto and blockchain. Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain.  “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine,” Osinbajo said on Friday during the Central Bank of Nigeria, or CBN, Bankers’ Committee Economic Summit.

Galaxy Digital co-president explains two things deterring institutional crypto buying

With a number of mainstream entities buying into Bitcoin, what's holding some back? In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin.

Speechwriter for Former US President George Bush Says BTC Rally Driven by ‘Historically Low Interest Rates’

A speechwriter for former US President George W.

Federal Reserve Bank President James Bullard Confident Bitcoin Not a Threat to US Dollar

The president of the Federal Reserve Bank of St.

Ripple Executive Says Company Working With Central Banks To Develop Digital Assets

The vice president of RippleX James Wallis says Ripple is currently working with central banks on developing digital currencies.

Crypto is ‘poorest hedge’ for drawdowns in equities, JPMorgan analysts say

Analysts bashed Bitcoin despite JPMorgan co-president Daniel Pinto claiming that Bitcoin adoption is inevitable at some point.

Firm in Portugal to accept Bitcoin for electricity bills

Some Portuguese residents will reportedly be able to pay for electricity in Bitcoin starting from February. Luzboa, a small energy trading company in Portugal, will soon start accepting Bitcoin (BTC) as payment for electricity. The company’s president Pedro Morais Leitão announced the news to Portuguese publication Expresso on Wednesday, stating that the new payment option should become available this month. According to the executive, Luzboa will create a Bitcoin wallet in the coming days, allowing residents to pay for electricity under a new payment system known as “Bit Spot.” According to Leitão, the firm plans to instantly convert received Bitcoin into euros to protect its business from unstable prices.

Akoin rolled out in $2B medical metropolis in Kenya

Akon’s Akoin cryptocurrency is set to become the exclusive cryptocurrency of the Mwale Medical and Technology City in Kenya. Akoin (AKN), the crypto project developed by Senegalese-American singer Akon, has completed the pilot rollout stage of its deployment in the Mwale Medical and Technology City complex in Kenya. As previously reported by Cointelegraph, the trial phase was launched back in November 2020 at the time of the AKN listing on the Bittrex crypto exchange. Following the success of the initial pilot, the Akoin crypto is now ready for full deployment in the $2 billion complex in July. Commenting on the success of the pilot program, Akoin President and co-founder Jon Karas revealed that the roll-out was received with “great enthusiasm.” Once fully deployed, AKN will reportedly be available for adoption among 5,000 hospital workers, 2,000 merchants, and over 35,000 residents of the MMTC.

Can Bitcoin Challenge the Dollar’s Global Supremacy? St. Louis Federal Reserve President Responds to Rise of BTC

St. Louis Federal Reserve president James Bullard is dismissing the notion that Bitcoin could be a threat to the US dollar’s global supremacy.

Barstool Sports Founder Dave Portnoy: ‘I Will Never Buy Bitcoin’

The Barstool Sports president said that Bitcoin is the only thing that doesn't go down—but he will never buy it again.

Microsoft has no plans to make Tesla-like move into Bitcoin, says president

Microsoft president Brad Smith did not exclude the possibility of the company putting Bitcoin on its balance sheet one day. Microsoft, the second-largest company in the United States, does not apparently have any short-term plans to put Bitcoin (BTC) on its balance sheet, according to the firm’s president Brad Smith. In a Feb.

Microsoft Has No Plans to Buy Bitcoin at This Point, Company President Says

No new internal conversations within Microsoft about buying Bitcoin yet, despite Tesla's $1.5B purchase, said President Brad Smith.

Microsoft has no plans to invest in Bitcoin, says President Brad Smith

After Tesla’s $1.5 billion Bitcoin purchase, many in the crypto-community expected more Fortune 500 companies to soon follow suit.

Bitcoin More of a Gold Rival Than Actual Currency, Says St. Louis Fed President

According to the president of the Federal Reserve Bank of St.

People don't want a ‘non-uniform currency’ like Bitcoin, says Fed president

"It's going to be a dollar economy as far as the eye can see," said James Bullard. James Bullard, president of the Federal Reserve Bank of St.

Bluezelle is Resisting Censorship with a New Developer Grant: Interview with Neeraj Muraka

Online censorship has taken front and center since the sweeping ban of former US President Donald Trump from every social outlet he’s been a part of.

Demand for Bitcoin at JP Morgan Not There Yet, Says Bank’s Co-President

JPMorgan COO certain that the demand for bitcoin will be there at some point and the bank will get involved with the cryptocurrency.

JP Morgan Considers Getting Involved With Bitcoin If Demand Keeps Growing

According to its coo-president, JP Morgan will start supporting Bitcoin (BTC) when there is enough demand for the cryptocurrency.

JPMorgan will get into Bitcoin ‘at some point’, says co-president

JPMorgan co-president Daniel Pinto said that the current demand “isn’t there yet” for the firm to get into Bitcoin, but he is sure that “it will be at some point.” Major US investment bank JPMorgan Chase will eventually have to get involved in Bitcoin (BTC), co-president Daniel Pinto believes. The executive told CNBC Friday that JPMorgan’s decision to introduce Bitcoin services would depend on the client demand to trade Bitcoin.

Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC

On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.

Argentina Is Starting to Think About a Digital Peso

Governor Raúl Jalil has submitted a formal proposal to President Alberto Fernandez to consider creating a digital peso for Argentina.

ECB President Christine Lagarde Says ‘It’s out of the Question’ That Central Banks Would Hold Bitcoin

The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency.

ECB's Lagarde says central banks holding Bitcoin is 'out of the question'

The ECB President gives the impression that central banks will avoided copying institutions in hoarding cryptocurrency. The head of the European Central Bank (ECB) thinks that central banks worldwide will not be holding Bitcoin (BTC) any time soon. In a conference call with The Economist on Feb.

ECB President Says Digital Euro Coming, Addresses Potential for Central Banks To Own Bitcoin

European Central Bank (ECB) president Christine Lagarde has confirmed a digital euro is in development.

ECB’s Christine Lagarde: Central Banks Holding Bitcoin is Out of the Question

It's "very unlikely" that central banks will ever hold bitcoin or other cryptocurrencies, said the President of the European Central Bank, Christine Lagarde.

Bitcoin Will Not Likely Be Held by Central Banks in the Future, Says ECB President Christine Lagarde

Christine Lagarde, the President of the European Central Bank, has once again made her stance on Bitcoin clear.

'Very Unlikely' Central Banks Will Hold Bitcoin: ECB President

European Central Bank President Christine Lagarde has not changed her mind about Bitcoin—an asset she previously described as “highly speculative.”

Why the Casino Industry Is Crypto’s Biggest Growth Market for 2021?

Casino Betting Coin President Ed Brennan on why crypto gambling coins are set to break out in 2021 I sometimes hear people compare the crazy swings they witness on the crypto markets to a casino.

Are central banks' policies behind Bitcoin's latest rally?

US President Joe Biden's administration is looking forward to fast-track its coronavirus relief plan with a third round of stimulus checks worth $1,400 for each US citizen.

US President Biden: ‘I’m Not Cutting the Size of the Checks’ for Fiscal Relief

The comments came after reports said the White House was considering reducing the size of its proposed stimulus package.

US Added Fewer Jobs Than Expected in January, Boosting Case for Stimulus

The report will likely influence negotiations over US President Biden’s $1.9 trillion stimulus package over the coming weeks.

Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J

This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J.

FTX Boss Bankman-Fried Says He Is Worth a ‘Mostly Illiquid’ USD 10B

Sam Bankman-Fried. Source: A video screenshot, Youtube/FTX Official One of President Joe Biden’s biggest campaign backers in the 2020 presidential election has been grabbing the limelight in the mainstream media – as Sam Bankman-Fried (28), the CEO of the crypto derivatives platform FTX, continues to “baffle American political observers” and draw attention with an estimated net worth of

Biden rejects Bitcoin-sized COVID-19 rescue plan as money printers prime for action

The president's refusal to budge on a $1.9 trillion COVID-19 relief bill will have knock-on effects for Bitcoin, as the money printers look set for action once more. United States President Joe Biden has rejected a Republican proposal for a COVID-19 relief bill that would have seen $618 billion allocated to struggling American households and businesses.

Institutional Investments in Bitcoin Creating Very Different Market Than 2017, Says Fidelity Digital Assets President

The president of Fidelity Digital Assets is offering his take on the state of the crypto markets.

Digital art project sells out $10M in NFTs in four days

Early adopters have scooped up over 15,300 Hashmask NFTs as one "card" has gone on sale for 97 ETH. Hashmasks, a new non-fungible token project has raised over 7,600 ETH (about $10 million) from the sale of more than 15,300 digital collectible cards. The owner of Hashmasks #1 has sold his card named after former United States President Donald Trump for about 97 Ether (ETH) which amounts to over $126,000 at the current Ether price. Hashmasks #1 was acquired for 0.1 ETH according to the collection timetable on the project’s website meaning that the original collector has earned a 96,900% profit on the initial investment. As of the time of writing, it now costs 1.7 ETH to buy a Hashmask with only about 730 left at that price.

Fidelity Optimistic About Bitcoin Regulation Under Biden Administration — Sees Strong Institutional Demand

Fidelity Digital Assets President Tom Jessop has shared his view on the future of bitcoin and cryptocurrency regulation under the Biden administration.

GameStop short squeeze highlights the power of decentralization

What do the traders on r/WallStreetBets have in common with cryptocurrency traders? Both are using technological breakthroughs to skirt processes inherent in traditional financial systems. The success of the GameStop short squeeze in pumping the price above $370— and the reaction from centralized authorities and markets to it — has highlighted the need for decentralized finance, according to some in the crypto industry. The stock, which was trading at less than $20 per share earlier this month, was deemed by members of the r/WallStreetBets subreddit to be under attack by a hedge fund which had disclosed a large short position in the stock. As a result of the pump coordinated on Reddit and executed by individual traders using platforms like TD Ameritrade and Robinhood, hedge fund Melvin Capital Management lost a total of $3.75 billion by having to close their massive, losing short position on GME. Various centralized trading platforms have now put limits on trading the stock and the president of NASDAQ — the exchange on which GME is listed — suggested that trading could be temporarily halted on stocks deliberately targeted by internet users, in order to give investors a chance to “recalibrate.” Eyebrows were also raised when the subreddit behind the short squeeze, WallStreetBets, was taken offline temporarily and its Discord channel suspended, apparently over content moderation issues.

Bernie Sanders mitten memes immortalized in new NFT collection

He may not be President, but Bernie Sanders will live on as long as blockchain exists, thanks to a series of NFTs celebrating his mittens. Topps Digital released their latest line of NFT collectibles today, featuring Senator Bernie Sanders and his winter mittens as the subject of the promotional series.  The collectibles, dubbed “GPK Bernventures,” are digital packs containing two non-fungible tokens issued on the WAX blockchain.

With Biden at the helm, what changes for Bitcoin?

Donald Trump is no longer President of the United States.

Crypto Market Analysis: 25th January 2021

Global markets hit new heights last week, reflecting the dawn of Biden’s administration as the 46th US president was inaugurated on Wednesday.

Former Fed Chair Janet Yellen Confirmed in Senate as new US Treasury Secretary

After being nominated by President Joe Biden, the United States Senate has now confirmed former Federal Reserve Chair Janet Yellen to serve as Treasury Security.

Miami Mayor Hires City’s First CTO in Fintech, Crypto Push

Saif Ishoof, the vice president of engagement at Florida International University, will be the city of Miami’s first-ever chief technology officer.

New Regulators in Town: What’s Next for Crypto in DC

In this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss to expect from US President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to predict the future for Ripple.

Bitcoin Heads Towards $35,000 as Biden Stimulus Hurts US Dollar

Bitcoin resumed its uptrend ahead of the New York session Monday as traders weighed their risk-on opportunities against the US President Joe Biden’s stimulus plans and its potential bearish impact on the US dollar.

Crypto Guru Chris Brummer Is Biden’s Top Pick To Head CFTC: Report

Crypto guru and Georgetown University law professor Chris Brummer is reportedly President Biden’s number one pick to be the be chair of the Commodity Futures Trading Commission (CFTC).

Former Ripple Advisor Tapped To Become Top US Banking Regulator: Report

President Biden is reportedly preparing to nominate a former member of Ripple’s advisory board, Michael Barr, as the Comptroller of the Currency.

Money Reimagined: Letter to President Biden

President Biden needs to reform the global financial system and avoid a 1930s-style depression.

Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review

New US President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets.

US Treasury Nominee Yellen Tells Senators that Crypto Has ‘Benefits’

Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse American President Joe Biden’s Treasury Secretary nominee Janet Yellen has been blamed by many for the recent slide in token prices after expressing “concerns” about crypto – now many will hope that more positive comments on the matter could help halt the worsening decline. Yellen has been communicating with the Senate’s

US Treasury Secretary Nominee Yellen: Crypto Can Improve The Financial System

​Janet Yellen, President Joe Biden’s US Treasury Secretary nominee, seems to have balanced her statements about Bitcoin and crypto, after her previous negative rhetoric about the emerging technology.

Treasury Secretary nominee says crypto has potential to improve the financial system

Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.” US President Joe Biden's pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated.  After a virtual hearing of the US Senate Finance Committee held on Tuesday, Yellen hit the headlines for her answer to Democratic Senator Maggie Hassan’s question about how she would respond to “emerging financial technology” being used to fund criminal organizations and terrorists.

Idea Of Taxing Unrealized Gains Resurfaces As Money Printing Intensifies

Sources: Adobe/Maksym Yemelyanov United States President Joe Biden's Treasury secretary nominee Janet Yellen has once again become a topic of discussion in the Cryptoverse - this time over her comments suggesting she may look to tax of unrealized gains.

Stock Market Responds Positively to President Joe Biden's Inauguration, but what about Bitcoin and Ethereum?

With the ascent of President Joe Biden into office, the stock market is bullish, but Bitcoin and Ethereum have failed to deliver as much of a gain.

Former Coinbase Exec Might be Replaced With Former Ripple Advisor At OCC

New American President Joe Biden’s team could comprise a regulator with a taste for crypto.

Bitcoin Price Sinks Below Critical Level as Joe Biden Officially Inaugurated as 46th US President, What's Next for BTC?

Bitcoin has been losing steam and struggling to clear the $35,000 level, for a second straight day.

Former Ripple advisor set to become Comptroller of the Currency: WSJ

President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency.

President Biden freezes FinCEN's proposed crypto wallet regulations

President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallet

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

Biden Puts Freeze on Treasury's Proposed Crypto Wallet Rules

On his first day in office, President Biden told federal agencies his appointees would need to review any in-process rules.

Trump Pardons ex-Ripple Board Member But Skips Snowden, Ulbricht, and Assange

US President Donald Trump refused to grant presidential pardons to Edward Snowden, Ross Ulbricht, and Julian Assange.

Trump Pardons Ripple Board Member Ken Kurson; Ulbricht, Snowden Not on List

Silk Road’s Ross Ulbricht was not among the 143 individuals to receive clemency from the President, despite reports he was being considered.

Trump Declines to Pardon Assange, Snowden and Ulbricht

Edward Snowden, Ross Ulbricht, and Julian Assange miss out on pardons as President Trump finishes his last full day in office.

Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocurrency Regulation

Responding to European Central Bank (ECB) President Christine Lagarde’s recent remarks about bitcoin, the chief economist at investment firm Tressis said what Lagarde implied was “outrageous” and “dangerous” for cryptocurrency regulation.

A Look Into the Trending Decentralized Social Media Experience: Mastodon

Source: A video screenshot, Youtube/Mastodon Following recent news that the outgoing US President Donald Trump was suspended on major social media platforms, or that Facebook wants to gather more data about Whatsapp users, the conversation about censorship on social media, personal data privacy has escalated.

Treasury Pick Janet Yellen: Cryptocurrency Crime of 'Particular Concern'

In her confirmation hearing, President-elect Biden’s pick for Treasury secretary spoke about crypto’s role in terrorist financing and money laundering.

State of Crypto: What the Crypto World Should Watch for in the Biden Era

The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.

Stimulus Checks and Gary Gensler: Is President-elect Joe Biden Long on Bitcoin and Altcoins?

Is President-elect Joe Biden long on Bitcoin and cryptocurrency? (Read More)

Biden Appointed SEC Chair Gary Gensler is not Going to Save Ripple's XRP Token

Ripple CEO Brad Garlinghouse is celebrating President-elect Joe Bidens Decision to appoint Gary Gensler to SEC chair—but this will not make the lawsuit against XRP go away.

Joe Biden Confirms Gary Gensler as US SEC Chair

President-elect Joe Biden has named Gary Gensler to lead the US Securities and Exchange Commission (SEC).

Bitcoin meets Biden: 5 things to watch for BTC price this week

The week in which the US presidency changes sees limp stocks and a rangebound Bitcoin, but what could provide a fresh shake-up? Bitcoin (BTC) is back in familiar territory as the week begins after a weekend spent ranging in its new, albeit large, trading corridor above $30,000. With the United States presidential inauguration just days away, Cointelegraph takes a look at what else may be able to shake up BTC price action. DXY keeps reversing losses The inauguration of President-elect Joe Biden comes as the strength of the US dollar continues to rebound. On Monday, the US dollar currency index (DXY), which measures USD relative to a basket of major trading partner currencies, hit its highest level since Dec.

Complete Internet Shutdown Wipes Out Uganda Bitcoin Trading

In the US, social media can shut down the president.

Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro

The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token.

Lack of Crypto Regulations a Turnoff for Japanese Investors – Coincheck

The head of the Japanese crypto exchange Coincheck said there are relatively “few” crypto-keen institutional investors in Japan – and has complained of the lack of a framework to help foster professional crypto investors. In an interview with IT Media, Satoshi Hasuo, the Representative Director and President of Coincheck, warned that “there is a possibility

ECB President Pushes for Digital Euro but Calls for Global Bitcoin Regulation

Christine Lagarde, European Central Bank president, said the Bitcoin has been used for money laundering activities and is calling for global regulation of the cryptocurrency.

Mike Novogratz defends Bitcoin after ECB chief calls it 'funny business'

Not long after the President of European Central Bank called Bitcoin a “highly speculative asset” and that it was used to conduct money laundering, Mike Novogratz took to Twitter to criticize the The post Mike Novogratz defends Bitcoin after ECB chief calls it 'funny business' appeared first on AMBCrypto.

Maduro Promises ‘Revival’ for Venezuela’s Foundering Petro Token

Nicolás Maduro, the disputed President of Venezuela, has predicted big things to come for crypto in the nation in 2021 – claiming that the state-issued petro (PTR) token will undergo a renaissance in the year ahead and stating that a “complete digitalization process” will transform the economy in the next 12 months. In an address to the nation in the parliament building,

ECB’s Christine Lagarde Calls for Global Push To Regulate Bitcoin

Former International Monetary Fund (IMF) managing director and current European Central Bank (ECB) president Christine Lagarde is calling for multi-lateral action on a global scale to discourage criminals from trying to launder money with Bitcoin.

'Shortsighted' FinCEN Crypto Rules Passed to Joe Biden Administration

Controversial proposals by the Financial Crimes Enforcement Network (FinCEN) have apparently been passed to the incoming administration of president-elect Joe Biden.

Jack Dorsey Defends the Ban on President Trump’s Twitter Account and Praised Bitcoin

Jack Dorsey defended Twitter's decision to ban US President Donald Trump's account but said that the Internet might learn a lesson from Bitcoin.

ECB Chief Christine Lagarde Calls for Global Bitcoin Regulation — Says BTC Conducts ‘Funny Business’

The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin.

US President-Elect Biden to Nominate MIT Blockchain Professor Gary Gensler as SEC Chairman

The US President-elect Joe Biden is set to name Gary Gensler as the new chairman of the US Securities and Exchange Commission (SEC) to replace Elad Roisman.

Twitter CEO Jack Dorsey Expresses Passion for Bitcoin in Thread Justifying Twitter Ban of President Trump

Twitter CEO Jack Dorsey explained Twitter’s decision to ban President Donald Trump following last week’s attack on the Capitol, expressing his passion for decentralized Bitcoin.

Jack Dorsey cites Bitcoin as a better model for the internet in Trump ban explanation

Days after Donald Trump’s account was banned, Twitter CEO Jack Dorsey explained that it was the right decision, but still sets a dangerous precedent. Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned US President Donald Trump from the platform last week.

New SEC chair could favor Bitcoin, but not XRP?

Earlier today, reports emerged stating that President-elect Joe Biden’s administration will appoint former chair of CFTC Gary Gensler to lead US Securities and Exchange Commission.

Bitcoin Needs Unified Global Regulations: ECB President Christine Lagarde

ECB President Christine Lagarde and Shark Tank's Kevin O'Leary share the same belief that bitcoin needs a clear regulatory framework.

Bitcoin Must Be Regulated Globally, Says European Central Bank President

Bitcoin regulation has to be addressed through "multilateral action," says the ECB's Lagarde.

ECB President Attacks Bitcoin Again As Digital Euro In Works

Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency. “(Bitcoin) is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering

ECB president Lagarde renews calls for global regulation of Bitcoin

In a recent interview, Lagarde said that Bitcoin has been used to conduct "funny business" and "totally reprehensible money laundering activity." The European Central Bank president Christine Lagarde has repeated her insistence that global regulators need to tighten the rules to ensure Bitcoin (BTC) falls under more coordinated oversight.  In an interview at the Reuters Next conference — amid an unprecedented bull market for the veteran cryptocurrency — Lagarde argued: “[Bitcoin] is a highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity.” While Bitcoin is pseudonymous, rather than anonymous, its distributed nature and complex interaction with jurisdictional regulatory frameworks present a challenge for international authorities.

XRP tumbles despite former Amazon exec joining Ripple as engineering lead

“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP. Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team. In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon vice president of delivery experience, Devraj Varadhan, has joined Ripple as its new senior vice president of engineering.

Crypto Twitter Divided Following Trump's Social Media Ban

The President's deplatforming by social media firms has sparked debate among the crypto community over the sweeping powers afforded to tech companies.

Now Is the Time to Advance the Decentralized Web

After the US Capitol insurrection and Twitter's unilateral ban of President Trump, decentralizing the web has never been more necessary.

Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

According to various reports, US President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure.

Facebook Blocks President Trump from Its Platform as Protestors Storm Capitol Hill

Facebook’s CEO Mark Zuckerberg announced Trump will now be blocked from using the social media platform.

Dems Seen as Good for Bitcoin, Says Crypto Betting Market Founder

The co-founder and president of Hxro hedged his bets, but generally thinks the public is expecting more political stability.

Zuckerberg blocks Trump from Facebook until at least end of term

Following yesterday's chaos on Capitol Hill, the social media giant has blocked President Trump on the grounds that the likely intent and result of his posts is the incitement of violence. On Thursday, Mark Zuckerberg took to Facebook to announce the end of Trump's reign — on the platform anyway. Yesterday's rally on Capitol Hill in Washington, D.C.

Mark Cuban’s Bitcoin Plan: Run for President if BTC Hits $1 Million, Free Satoshis for Every Citizen

Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million.