Search Results for "detrimental to americans"
Most Americans Plan to Use $1,400 Stimulus Checks to Invest in Bitcoin and Stocks - Mizuho Survey
Mizuho has released a new survey showing that with the third round of $1,400 stimulus payments already hitting Americans’ bank accounts, most recipients are planning to use their stimulus checks to buy Bitcoin and stocks. Interestingly, the survey found that Bitcoin was a more popular choice among stimulus recipients than stocks.
Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal
Binance.US has partnered with Tagomi, a crypto brokerage firm, to offer institutional liquidity to its users in its cross-exchange trading platform.
US Judge Blocks Trump Administration’s Ban on TikTok Downloads
A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.
Bitcoin Price is Ready to Break $10,000—Here’s Why
Bitcoin’s price at $10,000 can hardly be seen as a support level. Let’s take a look at a few major factors that led to Bitcoin’s market crash.
China’s Central Bank’s DCEP is Trying to Make WeChat Pay and Alipay Redundant
Mu Changchun, the Director-General of the Institute of Digital Currency of China’s central bank, People’s Bank of China spoke at one of the panels at the Singapore Fintech Festival held at the Singapore Expo on Nov. 12 regarding the future of digital currencies.
Is The US Ready for CBDC? Most Americans Opposed to Digital Dollar Adoption, Survey Reveals
Most American citizens appear to be against a digital dollar adoption within the US, preferring paper money to CBDC, according to a study.
Trump Threatens Military Deployment at BLM and George Floyd Protests, Bitcoin Price Soars Past $10,000 Mark
As President Donald Trump advised state governments to leverage the National Guard in response to civil unrest and protest, Bitcoin’s price surged past the $10,000 mark.
MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19
Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.
New US CFTC Regulatory Framework to Have a Major Impact on Digital Assets
The new regulation by the CFTC is designed to benefit digital currencies in the era of the growing involvement of cryptocurrencies in the derivative market
Republican Senator Cynthia Lummis Bought Bitcoin for Value Store and Censorship Resistance
Republican Senator Cynthia Lummis is now bullish on Bitcoin, promises to educate her colleagues in Congress on Bitcoin, Financial innovation
EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation
European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.
Members of Congress Ask IRS for Relaxed Approach to Crypto Staking Taxes
Innovation friendly members of United States Congress have written to the IRS request a level-headed approach to tax on cryptocurrency staking rewards.