America Doesn’t Need to Keep up on Crypto, Says Rep. Brad Sherman

Congressman Brad Sherman compared crypto with cocaine and organ harvesting. He believes America doesn't need to keep up on crypto. The post America Doesn’t Need to Keep up on Crypto, Says Rep. Brad Sherman appeared first on BeInCrypto.

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Tensions rise as crypto regulation in America spurs debate

On a recent episode of the All-In podcast, technology investor Chamath Palihapitiya sent shockwaves through the crypto community by declaring, "Crypto is dead in America." 

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“Crypto is dead in America,” tech investor Chamath Palihapitiya says

Chamath Palihapitiya, a top tech investor and crypto bull, says regulators have killed crypto in the United States. He notes that regulators have their guns trained at crypto, highlighting regulatory uncertainty and the crackdown on crypto companies.

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Popular Tech Investor Chamath Palihapitiya Says ‘Crypto Is Dead in America’

Coinspeaker Popular Tech Investor Chamath Palihapitiya Says ‘Crypto Is Dead in America’ Chamath Palihapitiya blamed the US regulators for their heavy crackdown recently on the US crypto industry and all associated players.

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Coinbase Takes Action Against SEC in Quest for Crypto Clarity

America’s largest crypto company Coinbase has taken the fight back to the Securities and Exchange Commission (SEC). The post Coinbase Takes Action Against SEC in Quest for Crypto Clarity appeared first on BeInCrypto.

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‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya

Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors, which may have attracted the SEC’s attention.

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TradFi Remains the Counterparty of Choice for Institutional Crypto Investors: Bank of America

Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said.

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Ripple CTO Ends Rumors of Satoshi Nakamoto's Identity, Shibarium Beta Hits New Milestones, Bank of America Anticipates Sustained BTC Rally: Crypto News Digest by U.Today

Take a closer look at what's happening in the world of crypto with U.Today's news digest!

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BTG Pactual Launches BTG Dol Stablecoin, TMS Network (TMSN) Outperforms with 2240% Raise the First Dollar-Backed Coin from a Bank, Crushing Conflux (CFX) & Neo (NEO) Performance

In one of the most exciting crypto announcements of the month, BTG Pactual – Latin America’s largest investment bank – revealed the launch of BTG Dol, the world’s first dollar-backed stablecoin to be created by an actual bank.

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LBank hosts first-ever meet-up in Latin America gearing up for expansion in region

Global crypto exchange LBank is kicking off its first meet-up in Latin America with 7 influential speakers representing the local Web3 community. The event will be held on April 18, at the IGLOO NetwoThe post LBank hosts first-ever meet-up in Latin America gearing up for expansion in region appeared first on AMBCrypto.

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Brazilian Investment Bank BTG Pactual Unveils Dollar-Backed Stablecoin

BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt.

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Binance unveils direct fiat-to-crypto service in Argentina

Crypto exchange Binance has announced that its users in Argentina can now convert the local currency directly into crypto assets. This move marks the latest expansion of the exchange's offering in South America, a continent that has so far proven to be very receptive to cryptocurrencies.

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Visa and Bitcoin Rewards App Fold Expand Partnership to New Regions

Crypto rewards app Fold and Visa (V) have expanded their ongoing partnership to North America, Europe and Latin America and the Caribbean, an announcement said.

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Is New York the Most Anti-Crypto State in America? 

Crypto regulations have always been the biggest gray patch in the US. Especially in New York. Under NY Attorney General Letitia James, the enforcement tone has been especially harsh. The post Is New York the Most Anti-Crypto State in America?  appeared first on BeInCrypto.

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‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

A day after Coinbase received a Wells notice from the Securities and Exchange Commission, industry commentators weighed in on what recent regulatory actions mean for America’s crypto future.

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US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report

Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law.

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U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report

The Keep Innovation in America Act was first introduced in March 2021.

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Balancing Innovation and Regulation: Why a Risk-Based Approach to Crypto Could Benefit America

As regulators crack down on the crypto industry, a risk-based approach to regulation could be the answer. Learn why. The post Balancing Innovation and Regulation: Why a Risk-Based Approach to Crypto Could Benefit America appeared first on BeInCrypto.

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Keep Crypto in America

If the SEC is serious about U.S. investor protection, it should want crypto to stay in the U.S., says CoinDesk's Emily Parker.

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Latin American Crypto Exchange Bitso and Mastercard Launch Debit Card in Mexico

Mastercard’s portfolio of crypto partnerships in Latin America also includes Binance, Belo and Buenbit.

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2023 Will Be The Year of Crypto Token Price Divergence: Bank of America

The bank views tokens that power smart contract-enabled blockchain platforms as growth assets exposed to similar risks as growth stocks, the report said.

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2023 Will Be Year of Crypto Token Price Divergence: Bank of America

The bank views tokens that power smart contract-enabled blockchain platforms as growth assets exposed to similar risks as growth stocks, the report said.

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Coinbase Beats Revenue and Earnings Expectations, But CFO Doesn’t Rule Out More Job Cuts

America’s largest centralized crypto exchange, Coinbase, reported its fourth-quarter earnings this week, beating analyst expectations. The post Coinbase Beats Revenue and Earnings Expectations, But CFO Doesn’t Rule Out More Job Cuts appeared first on BeInCrypto.

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New US Crypto AML Bill May Bar Banks From Transacting With Crypto Mixing Platforms

For what seemed like the most significant financial task, lawmakers in the US recently gathered to shape the future of crypto in America. The all-crucial hearing titled “Crypto crash: Why Financial System Safeguards are needed for crypto assets,” held on the 14th of February sought to spell out what went wrong with the recent spate […]

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Binance partners with MasterCard in Brazil

Binance, the world’s largest crypto exchange, has announced a partnership deal with MasterCard to launch a prepaid card in Latin America’s largest economy Brazil.

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Crypto Wallets On Crosshair of Major Banks As They Take On PayPal, Apple Pay

The major US banks, including Bank of America, JP Morgan Chase, and Wells Fargo are planning to introduce a new system that uses a digital wallet linked to customer credit cards and debit cards. The plan is slated to start rolling out in the second half of 2023.

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Latin American Stablecoin Adoption Expected to Grow Amid High Inflation

Crypto winter didn’t slow down stablecoin use in Latin America in 2022.

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Coinbase Rally May Be a Selling Opportunity, Says Bank of America

Analyst Jason Kupferberg downgraded the crypto exchange to underperform from neutral, saying 2023 estimates are still too high.

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Coinbase announces another fresh round of layoffs

Coinbase, one of the largest crypto exchanges in America, announced another round of layoffs earlier today. In a blog post, CEO Brian Armstrong stated that the exchange would further cut its total empThe post Coinbase announces another fresh round of layoffs appeared first on AMBCrypto.

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Canada alerts on crypto fraud that caused $1b losses across America

The Nova Scotia Securities Commission is alerting locals to a cryptocurrency fraud that it describes as a "pig slaughtering" scheme.

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Brazil, Other Latin American Countries Move to Regulate Crypto

Countries in Latin America are expanding their crypto ecosystems with targeted, functional regulations

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The driving forces behind crypto adoption in Latin America in 2022

Inflation has fueled crypto growth in the region, stimulating asset tokenization and remittance infrastructure development.

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Coinbase Launches ERC-20 Token Recovery Tool (For a 5% Cut)

America’s largest crypto exchange, Coinbase, has launched tools to help users that have mistakenly sent the wrong tokens to their address. The post Coinbase Launches ERC-20 Token Recovery Tool (For a 5% Cut) appeared first on BeInCrypto.

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Will FTX’s ill wind reach the Global South? Maybe not

In Latin America, "crypto is functional, it has a real utility." It can hedge inflation, provide access to dollars and internationalize wealth.

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Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

LatAm was touted as a promise land for miners just last month, but a crypto mining-friedly bill in Paraguay was shot down last week.

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Bank of America Say Regulation Is Key for Mainstream Adoption of Crypto

Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, the report said.

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Crypto community weighs in on SBF’s ‘apology tour’

The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews.

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Crypto job searches surge by 601% in 2022: Coinjournal research

Cryptocurrency job searches have exploded by 601% in 2022. There are 5,700 and 1,062 cryptocurrency-related jobs in the US and UK, respectively. North America has the highest average annual salary for cryptocurrency jobs.

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Bitcoin is still worth more than Samsung, Bank of America, Facebook or Coca-Cola

With the ongoing crypto market downturn, Bitcoin has shed a lot of weight, but it is wrong to think that this open-source project is now worth less than a top blue-chip company. CoinMarketCap data shows that Bitcoin’s current market cap…

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Bank Of America drops Coinbase over FTX’s misdoings

Bank of America decided to stock downgrading due to the FTX crypto exchange disaster and its impact on the cryptocurrency market.

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Bank of America Downgrades Crypto Exchange Coinbase to Neutral in FTX Aftermath

Bank of America has had a buy rating on Coinbase throughout its long decline this year, but threw in the towel on Friday with a downgrade to neutral.

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Bank of America Says Crypto Exchanges' Proof of Reserves Have Too Many Shortcomings

The cryptocurrency industry also needs a clear delineation between trading platforms and market makers, the bank said.

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XRP Lawsuit: SEC Case Takes Surprising Turn As Coinbase Asks Court For Permission To Support Ripple

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NFTs Are Going Big in Latin America Amid a Crypto Boom

Different companies and organizations are incorporating non-fungible tokens into users' daily lives, not speculating.

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Remittances drive ‘uneven, but swift’ crypto adoption in Latin America

The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption.

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Remittance Payments Driving Crypto Adoption in Latin America

The 40% growth in crypto adoption by Latin American countries over the past year was largely driven by remittances. The post Remittance Payments Driving Crypto Adoption in Latin America appeared first on BeInCrypto.

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Charles Hoskinson Says Every Bank in America Shills Crypto, Here's How

Cardano founder believes that banks are "advertising" cryptocurrencies better than blockchain platforms themselves, and this is where Kanye West is mentioned

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Crypto May Be the Future of Investing, According to Bank of America

A new Bank of America study reveals that millennials allocate less of their portfolios to traditional equities and more to alternative assets like cryptocurrencies. The post Crypto May Be the Future of Investing, According to Bank of America appeared first on BeInCrypto.

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BNY Mellon, America's oldest bank, launches crypto services

The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets.

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