Bitcoin gets another praise singer in the person of Senator Rand Paul, with the lawmaker predicting that the asset could go all the way to become the world’s reserve currency. …
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Congressman Tom Emmer noted that majority of tokens are ‘a currency or a commodity’
Congressman Tom Emmer recently outlined the approach of the Congressional Blockchain Caucus in an interview. It is essentially a group of Republicans and Democrats that aim to formulate policies around crypto, NFTs, DeFi, …
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The Governor of Texas has announced his intention for the state to become the home of Bitcoin
There has been a lot of buzz going around regarding Texas and Bitcoin. Although when did it start and what does it really mean? Let’s dive in on an article …
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New York & Texas gaining popularity among mining firms after China crackdown
In the Texas Blockchain Summit in Austin on Oct 8, 2021, Nic Carter, co-founder of Castle Island Ventures, announced the hash rate distribution in U.S. states from a dataset compiled …
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US Justice Department announces launch of national crypto enforcement team
An official from the Office of the Attorney General has said the United States government is going to take a more active role in enforcement action against actors using cryptocurrencies …
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Bank of America believes 1/3 of United States will use crypto till 2022
Bank of America has released a 140-page report covering the digital assets industry, including NFTs, institutional investments and rates of growth. According to the report, the industry is still “young” and has great potential for …
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US congressman suggests that cryptocurrency should be new gold standard
Congressman Madison Cawthorn has taken to Twitter to propose using cryptocurrencies as the new gold standard. The North Carolina Republican has joined other conservatives who have recently come out in support …
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Oklahoma family-wwned bank brings cryptocurrency to its customers
Vast Bank, a family-owned and regional bank in Oklahoma is bringing cryptocurrencies to its customers through its new “Crypto Banking” service and this initiative might foreshadow the future of banks. …
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The Biden Administration backs infrastructure bill draft posing threat to DeFi
The White House has weighed in on the ongoing infrastructure bill debates. The Biden Administration has backed an amendment to the infrastructure bill draft that could pose strict tax reporting …
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Federal reserve governor ‘highly skeptical’ of digital dollar
U.S. Federal Reserve Governor Christopher Waller has stated that he is “highly skeptical” that the country needs to develop its own central bank digital currency (CBDC). In remarks prepared for …
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