President Joe Biden has tapped Jerome Powell to serve another four-year term as the chair of the Federal Reserve System’s Board of Governors. In a Monday announcement, the White House announced President …
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The city of Williston sets up Bitcoin ATM in airport after cryptocurrency payment adoption
North Dakota’s City of Williston continues its exploration and adoption of the cryptocurrency industry with the installation of a crypto automated teller machine (ATM) in its international airport. The city’s …
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Philadelphia announced an initiative to bring blockchain to the city government
City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts …
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The first Bitcoin futures-linked ETF ProShares to debut on NYSE on October 19
The first Bitcoin futures-linked exchange-traded fund in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange on Tuesday under the ticker BITO. ProShares …
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Joe Biden could be working on an executive order to control crypto industry
Biden wants to regulate everything, and it seems that cryptocurrencies are directly in his crosshairs. Apparently, the president of the United States is seriously considering issuing an executive order on …
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Data privacy concerns are rising and blockchain seems to be the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only …
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2 senators introduce pro-crypto amendment to infrastructure bill. It may be not enough
United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on …
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Multi-trillion asset manager State Street to launch digital currency division
Multi-trillion dollar asset manager, State Street Corporation, has become the latest financial institution to announce the launch of a dedicated digital finance division. State Street, the second-oldest continually operating bank …
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Progressive Care now accepts BTC payments for COVID-19 rapid testing
Progressive Care, a Florida-based healthcare services company, announced today that it has started accepting bitcoin payments for its COVID-19 Rapid Resting services at its PharmcoRx locations. According to the company, …
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Bitcoin mining shares have surpassed BTC by 455% in the past 12 months
Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital …
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