According to Twitter user @NeilJacobs, when quizzed on the securities status of Ethereum, Securities and Exchange Commission (SEC) Chairman Gary Gensler refused to answer the question. “BREAKING: When asked to comment …
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Ethereum will be “orders of magnitude” bigger than Bitcoin, says ConsenSys CEO
In his recent Bloomberg interview, he said that that the “next-generation economy” will by orders of magnitude bigger than “a narrow money system”: Lubin says that the Ethereum ecosystem, which he …
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Uruguay: Senator introduces bill to enable use of cryptocurrency for payments
Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and …
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Cardano (ADA) creator reveals when precise date of smart contract launch will be known
During a recent livestream, IOHK CEO Charles Hoskinson announced that the date of the Alonzo hard fork combinator event will be announced in mid-August: Based on the information Hoskinson currently has, …
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Gary Gensler sounds alarm over growing DeFi activity, says SEC seeking to regulate crypto sector
US Securities and Exchange Commission chairman Gary Gensler reiterated his position on the burgeoning decentralized finance sector yesterday, calling for an increased overview of the space while signaling regulations were necessarily …
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Spain considers law that would allow citizens pay mortgage loans in cryptocurrency
A new proposal for a digital transformation law written by a group of Spanish legislators would allow mortgage payments to be paid with cryptocurrencies in Spain. In fact, the new draft submitted by legislators …
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Russian court ordered Sberbank to unblock an account that was used to trade bitcoins
The state of cryptocurrency regulation in Russia has taken another twist as a local court has ordered the country’s largest bank to resume account support for a Bitcoin trader. Sverdlovsk …
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The first cryptocurrency Bitcoin is now cash according to a new proposed law
Bitcoin is not a commodity, a security, property, and certainly not a foreign currency, but actual cash according to a new ‘must pass’ law that is currently at Congress. The …
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US Banks have called to Include Bitcoin and crypto in their plans for this important reason
In a new report titled “Understanding Crypto: What banks need to know,” the American Bankers Association (ABA) has urged banks across the country to partner with crypto firms. The need …
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Celsius Network to enable Cardano (ADA) borrowing and yield farming this month
Celsius Network has indicated that the platform would soon add Cardano (ADA) to its cryptocurrencies eligible for borrowing collateral and yield returns on August 19. In a Twitter post, Alex …
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