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Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion

Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »

2023-5-6 23:14


Fed raises rates by 25bps; Bitcoin remains essentially flat

Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate. дальше »

2023-5-4 21:08


Hoskinson: ‘I’d rather be a crypto guy than a banker right now’

Input Output (IO) CEO Charles Hoskinson said he would “rather be a crypto guy than a banker right now.” During an appearance on Fox Business, Hoskinson shared his thoughts on the current banking crisis and its impact on the cryptocurrency world — telling host Maria Bartiromo that crypto is “holding steady and stable” despite last […] The post Hoskinson: ‘I’d rather be a crypto guy than a banker right now’ appeared first on CryptoSlate. дальше »

2023-5-3 12:50


Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis

Crypto entrepreneur Balaji Srinivasan discussed on May 2 the ongoing banking crisis and announced that he had committed funds to his $1 million Bitcoin bet. Balaji says US government is printing trillions In a video posted to Twitter, Srinivasan said: “I just burned a million to tell you they’re printing trillions … I wanted to […] The post Balaji Srinivasan doubles down on his $1M Bitcoin bet as an answer to the banking crisis appeared first on CryptoSlate. дальше »

2023-5-3 23:31


Ripple lawyer claims SEC is ‘exploiting legal uncertainty’ to redefine securities laws

CryptoLaw founder and Ripple lawyer John Deaton said the SEC is “exploiting the legal uncertainty about crypto” to redefine what should be considered a security under the Howey test. Deaton believes that the regulator’s litigation against crypto companies “pushes the boundaries” of what constitutes an investment contract and a common enterprise in the U. дальше »

2023-5-3 20:13