Wealthy Crypto Bull Rishi Sunak Become’s Britain’s Prime Minister After Truss Resignation

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Crypto Market Forecast: Week of October 25th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, Binance launches a new loan facility for Bitcoin miners as difficulty on the network surges, Coinbase reveals that its usage is now dominated by institutions, and the UK appoints a pro-crypto Prime Minister.

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4 Pro-Crypto Affiliates Support Grayscale in their Case against the U.S. SEC

Four affiliates have joined the case between Grayscale and SEC in a bid to support the crypto fund manager against SEC's decision to deny the firm access to convert GBTC into a spot BTC EFT.

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White House Getting Increasingly Pro-Crypto, Expresses Support For A CBDC

For years, the US government, along with others across the world, hasn’t been very receptive to crypto technology. Bitcoin, for one, has faced resistance for the years ever since it came into being back in 2009.

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Coinbase App to Track US Politicians' Crypto-Friendliness Ahead of Midterm Elections

The cryptocurrency exchange's CEO Brian Armstrong says it will help pro-crypto candidates solicit donations from the crypto community.

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Are Your Local Politicians Pro-Crypto? Coinbase Will Keep Track For You Now

With the 2022 midterms looming, Coinbase has started offering its users information about their local politicians and their positions on crypto policy. Coinbase Educating on Crypto Policy Coinbase keeps stepping...

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Trudeau Takes Another Swing at Crypto in Latest Speech

Justin Trudeau has criticized the newly-elected Conservative Party of Canada leader Pierre Poilievre, saying that his pro-crypto stance was not responsible leadership. Trudeau Slams Pro-Crypto Opponent Canadas Prime Minister Justin...

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Trudeau says showing support for crypto is irresponsible leadership

Justin Trudeau has called out the newly elected leader of Canada’s Conservative Party for his pro-crypto views. The post Trudeau says showing support for crypto is irresponsible leadership appeared first on CryptoSlate.

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Portuguese banks shut accounts of crypto exchanges

Banks in Portugal are closing the accounts of crypto exchanges in what seems to be a u-turn in the country’s pro-crypto policies, Bloomberg News reported on August 3. The post Portuguese banks shut accounts of crypto exchanges appeared first on CryptoSlate.

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Rock on, Gibraltar: Pro-crypto regulation pulls Binance and big players

Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory.

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Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now

Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill.

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Major Blow To Panamanians As President Vetoes Crypto Regulation Legislation

Panama’s President Laurentino Cortizo has shot down a previously approved pro-crypto bill that would allow citizens to use cryptocurrencies as a means of payment and make the Central American nation compatible with DAOs.

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Hester Peirce expresses strong support for crypto spot ETFs and regulatory structure

The pro-crypto SEC commissioner and “Crypto Mom” had sharp words for SEC behavior toward Bitcoin spot ETF sponsorship applicants, delivered at a libertarian forum.

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Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash

Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon, according to a Reuters report.

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Pro-Crypto Congressman Tom Emmer Slams FSOC, Proposes Radical Reform: Here's Why

"The future of crypto will be decided by the American people," Sen. Emmer (R-MN) stressed

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Senators Propose New Crypto Bill Limiting Capital Gains Tax

Democrat Senator Kirsten Gillibrand (D, NY) and well-known pro-crypto Senator Cynthia Lummis (R, WY) have drafted a proposal exempting crypto capital gains of less than $600 from being taxed. The post Senators Propose New Crypto Bill Limiting Capital Gains Tax appeared first on BeInCrypto.

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Goldman Sachs Main Website Is Now About Crypto and Digitalization

Goldman Sachs is now pro-crypto

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Treasury Secretary reveals positive tone for crypto executive order

US Treasury Secretary Janet Yellen has given hints about how the Treasury Department will implement the executive order on crypto expected from President Joe Biden this week.  Secretary Yellen reveals readiness to implement pro-crypto executive order In a statement issued by the department late Tuesday and subsequently removed, she stated that: “Biden’s historic executive order […] The post Treasury Secretary reveals positive tone for crypto executive order appeared first on CryptoSlate.

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Pro-crypto Colombian congressman highlights legalization challenges

He went so far as to call for the preconceptions surrounding crypto to be demystified.

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South Korea to Tax Crypto Trading Like Real Estate

Three months on from the pro-crypto government regulation and South Korea is moving to impose taxes on cryptocurrency trading. After a tumultuous two-year period, South Korea’s crypto scene is starting to see some positive sentiment from the authorities.

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Pro Crypto SEC Commissioner Predicts Increased Demand For Crypto Investment

Hester Pierce, a pro-crypto SEC commissioner, who is often referred to as “crypto mom” in the crypto community, recently predicted that there would be increased demand for crypto by investors. The SEC commissioner claims that investors will turn to crypto in a bid to diversify their investment portfolios.

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Crypto Now Legal In India? Not So Fast

Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency.

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Another Pro-Crypto U.S. Presidential Candidate Bows Out of 2020 Race

Bloomberg CEO and billionaire, Michael Bloomberg, who advocated clear crypto regulations, recently dropped out of the 2020 U. S. Presidential Race. Bloomberg becomes the second pro-crypto U. S.

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Crypto just lost its pro-Bitcoin candidate as Andrew Yang drops out of the U.S. presidential race

On Tuesday, Feb. 11, pro-crypto presidential candidate Andrew Yang has dropped out of the 2020 race after a “bitterly disappointing” outcome in the New Hampshire primary where he trailed in a dismal eighth place.

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Japan and Philippines Discuss Pro-Crypto Laws, Cooperation Among Asian Countries

Japanese Minister Naokazu Takemoto and Philippine Cabinet member Raul Lambino of Crypto Valley of Asia recently met to discuss Asian countries’ crypto regulations. They urge the Philippine Congress to introduce legislation on cryptocurrencies and security tokens, calling for cooperation among Asian countries.

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Outrage Grows on Twitter as Youtube Continues to Flag Colossal Crypto Channels

On Monday morning, a discussion began to erupt on Crypto Twitter regarding a potential Youtube blackout of industry channels. First, only a few channels were purportedly affected; Canadian Bitcoin educator “BTCSessions” and pro-crypto finance Youtube channel Chris Dunn reported that a number of their videos were taken down due to “harmful and dangerous” content.

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Pro-Crypto SEC Commissioner Urges Regulators to Take a “Forward-Leaning” View on Crypto Matters

With the crypto market gradually developing, one might have wondered why President Donald Trump has been keeping his opinions concealed regarding said matters. Not too long ago, the president along with Treasury Secretary, Steven Mnuchin both shared their distaste for digital assets, where the latter stressed the actuality of “very, very strong” regulations. As a […]

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SEC Commissioner Advocates for Regulators to Take a Dynamic Approach to Crypto Markets

As a deluge of regulatory measures looms on the horizon of the nascent crypto markets, many analysts and investors alike have been quick to plead with regulators to not regulate the markets with the stroke of a broad brush, and to rather take a case-by-case approach.

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Circle Extends It’s Global Audience to the Pro-Crypto Regulatory Environment of Bermuda

Coinspeaker Circle Extends It’s Global Audience to the Pro-Crypto Regulatory Environment of BermudaInternational Crypto payment firm Circle recently announced that Users on its affiliate exchange company Poloniex can now gain access to the exchange by means of the corporation’s Bermuda subsidiary called ’Circle International Bermuda.

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New ECB Boss is “Extremely” Pro-Crypto; What Could This Mean for Bitcoin?

Investors and proponents of Bitcoin and the aggregated crypto markets have long believed that the ultimate pinnacle of adoption would be found when governments and central banks began growing friendly towards the nascent technologies.

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Bart Chilton: Former CFTC Regulator, Crypto Holder and ICO Endorser

Bart Chilton, a former commissioner at the CFTC, passed away last week. He initially called bitcoin a “shadow currency,” but then became its proponent, sharing his pro-crypto views on RT and other financial shows and publications

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Will Facebook’s Pro-Crypto Stance Lay The Groundwork For A Massive BTC Adoption Drive Globally?

Will Facebook's Pro-Crypto Stance Lay The Groundwork For A Massive BTC Adoption Drive Globally? As per a blog post published by Spencer Bogart on Medium.com recently, the crypto savant argues that over the course of the coming 24 months, big-name players like Facebook, Telegram will help drive BTC adoption across the planet like never before […]

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Belarus Government Foresight into Bitcoin and Crypto Technology Industry is Paying Its Way Forward

The government of Belarus has used a very interesting strategy in order to make the popularity of Bitcoin grow in the country, which acted as a boost for its tech sector. According to ZDNet, people who worked closely with the president of the country, Alexander Lukashenko, have affirmed that he drafted several pro-crypto laws in […]

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Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations

The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement.

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Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

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Report: Philippines-Based Banking Giant Launching Two-Way Crypto ATMs

When you think of nations with a notable Bitcoin ecosystem, many crypto investors would immediately think of the U. S. , Malta, Singapore, Japan, and South Korea. Yet, many draw little attention to the Philippines, a nation that is seemingly filled to the brim with cryptocurrency users.

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Local Crypto Community is Receptive to Pro-Crypto Policies Set By Iran

Iran is resolutely stepping forward to become the first crypto nation in the Middle East. The need to float its economy after the unilateral sanctions imposed by the United States and the intense political and financial pressures exerted against the government has led Hasan Rohani’s team to see in the cryptocurrency salvation for the economy.

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Two US Congressmen Will Soon Submit Pro-Crypto Bills, The Token Taxonomy Act (TTA)

Two US Congressmen Will Soon Submit Pro-Crypto Bills Right now, the Token Taxonomy Act is the most renowned pro-crypto bill to have ever been debated in the US Congress. The bill is said to provide citizens of the US with the leeway to fully engage in the crypto markets by providing crypto with legal recognition. […]

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Parisian Artist: $1,000 Bitcoin Yellow Vest Puzzle Solved

Although France’s Yellow Vest movement isn’t directly tied to Bitcoin, cryptocurrency, and blockchain technologies, the two revolutions (of sorts) have quickly joined hands. Crypto Enthusiast Solves Paris Bitcoin Puzzle On January 6th, Pascal Boyart, a pro-crypto Parisian artist and muralist took to Twitter that he or she painted a puzzle, which depicted contemporary revolutionaries clad in Yellow.

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This Week in Cryptocurrency: December 21, 2018

This week in crypto: Atari kicks it new-school, a couple Congressman push pro-crypto legislation, and the market booms. Read about it in our weekly roundup. The post This Week in Cryptocurrency: December 21, 2018 appeared first on CoinCentral.

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Messari CEO: Killer Use Case For Bitcoin Is Still Money, Digital Gold

To commemorate the one year anniversary of 2017’s Bitcoin (BTC) peak, Bloomberg, who has recently become a topic of controversy in the cryptosphere, hosted a “Bull vs. Bear” panel.

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Mike Novogratz Adamant That Bitcoin (BTC) Won’t Fall To $0

Bitcoin fanatic and blockchain enthusiast Mike Novogratz, a former Wall Street hotshot, recently doubled-down on his pro-crypto sentiment, even while this infant market continues to fall victim to shortcomings.

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Hard Fork Woes, Kraken Named Safest Exchange, Pro-Crypto Candidates Win In U.S Elections: The Week That Was

It’s been a busy week in the crypto industry and news have been in plenty. Bitcoin Cash has expectedly been one of the most dominant topics in the industry, with its hard fork slated for Thursday, November 15.

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Crypto Week In Review: SEC Fines EtherDelta, Binance To Attract Institutions

The crypto market may have stagnated, but this industry’s innovators have continued to incessantly beat the “BUIDL” drum, as pro-crypto developments were as present as ever throughout the past week.

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Russian Central Bank Reports Cryptocurrency “Fever” Is Waning

Cryptocurrency, Investing–Cryptocurrency has long been under attack for a number common faults found with the industry. Many economists, including Nobel Prize winning academics, focus on the viability of crypto as a source of money as an alternative to traditional fiat.

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Guess Who’s Hiding The Most Bitcoin

There are conspiracy theories and speculation all over the crypto space on who holds the most Bitcoin that is currently in circulation. Big mining firms, exchanges, and funds are mainly called Whales as they hold on to the most Bitcoin and have been called responsible for the big amounts of Bitcoin around today.

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Are Swiss Banks Soon Going To Be Allowed To Trade Ethereum, In Israel?

Switzerland is one of Europe’s most pro-crypto countries. Home of Zug, affectionately known as Crypto Valley, Switzerland are spearheading numerous moves to cryptocurrency adoption, and are also fostering a very healthy mining industry too.

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