In a recent groundbreaking announcement, Robert F. Kennedy Jr. (RFK Jr.) has suggested a revolutionary approach to modern financial systems – the backing of the US dollar with Bitcoin. This unprecedented move, as reported by TheStreet, would not only give a new foundation to the world's most used currency but also align it with the digital age's most prominent cryptocurrency. … [Read more...] about RFK Jr. advocates for bitcoin-backed dollar and tax abolition
Indonesia set to debut national cryptocurrency exchange
In an unprecedented move towards embracing digital currencies, Indonesia is set to launch its very own cryptocurrency exchange later this month. This ambitious project is the nation's first state-backed digital currency exchange, marking a significant milestone in Indonesia's journey towards digital transformation. … [Read more...] about Indonesia set to debut national cryptocurrency exchange
US court rules XRP is not a security
In a landmark judgment that has sent ripples across the cryptocurrency world, a U.S. court has ruled that XRP, the digital token associated with Ripple Labs, is not a security. This determination concludes a lengthy lawsuit pursued by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. … [Read more...] about US court rules XRP is not a security
Bitcoin ETFs: potential game-changer amid muted market activity
Bitcoin exchange-traded funds (ETFs) have been seen as a mirage in the cryptocurrency world, with numerous applications denied or withdrawn due to regulatory concerns. However, recent events suggest a tide change could be on the horizon. … [Read more...] about Bitcoin ETFs: potential game-changer amid muted market activity
Twitter gets money transmitter license in three US states
The platform makes another move in Elon Musk’s strive to create an “everything app”. … [Read more...] about Twitter gets money transmitter license in three US states
IMF: Complete ban of crypto maybe ineffective
The International Monetary Fund recommends the countries to focus on addressing crypto demand instead. … [Read more...] about IMF: Complete ban of crypto maybe ineffective
Thailand to launch digital baht for retail use
Reduced transaction costs and efficiency expected to come during the pilot test … [Read more...] about Thailand to launch digital baht for retail use
eToro to delist ALGO, MANA, DASH and MATIC
Social investing platform eToro said it would delist several altcoins “due to recent developments” in the market, referring to the SEC’s cases against Binance and Coinbase. … [Read more...] about eToro to delist ALGO, MANA, DASH and MATIC