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US banks lobby to amend GENIUS stablecoin Act, citing $6.6 trillion risk

The first official US stablecoin law, known as the GENIUS Act, is already facing pushback from major banking groups that argue some provisions could destabilise the traditional financial sector. Passed in July 2024, the legislation was intended to bring clarity to the multibillion-dollar stablecoin industry while securing the country’s leadership in digital assets. However, banks […] дальше »

2025-8-26 17:15


Would Bitcoin Reclaim $70,000 Soon? Key Data Suggests New Investors Hold the Key

Bitcoin recent decline has led to a slight pushback in investor confidence and increased anticipation within the crypto community, with many now craving a rally back above $70,000 more than before. Amid this, a new analysis suggests that although the Bitcoin market could be on the brink of a major breakout, it hinges on a major indicator that concerns new investors. дальше »

2024-10-25 05:30


UK Regulator Justifies Tough Crypto Crackdown Amid Industry Pushback

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Related Reading: Crypto […] дальше »

2024-10-22 02:00


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El Salvador proposes crypto trade with Russia amid sanctions pushback

El Salvador has reportedly suggested using digital assets like Bitcoin for trade with Russia to circumvent the extensive economic sanctions imposed on Moscow. Alexander Ilyukhin, Russia’s first secretary at the Nicaraguan embassy and head of its El Salvador office, revealed this in an interview with Russian state media outlet Izvestia. дальше »

2024-7-30 23:00


Op-ed: Why Ordinals, BRC-20 is bad for Bitcoin

The emergence of the Ordinals protocol has transformed Bitcoin from a somewhat stale single-asset chain into something much more exciting. However, this newfound excitement has sparked pushback from laser-eyed purists, who argue that BTC was not intended for non-monetary transactions – some going as far as calling the protocol a spam attack on the network. дальше »

2023-5-19 15:00