Detroit will become the largest city in the United States to accept cryptocurrency payments through a secure platform managed by PayPal, city officials announced. … [Read more...] about Detroit to accept cryptocurrency payments for taxes and fees
Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Momentum is building in Washington for the establishment of a U.S. strategic Bitcoin reserve, as lawmakers from both parties see potential benefits in securing the nation’s foothold in the digital asset economy. The proposal has drawn support from key members of Congress, who argue that holding Bitcoin could bolster the country’s financial resilience and provide a hedge against … [Read more...] about Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
Winklevoss twins donate $2 million in bitcoin to Trump campaign
In a bold political move, the Winklevoss twins, prominent figures in the cryptocurrency world, recently donated $2 million in bitcoin to former President Donald Trump's 2024 presidential campaign. The donation, announced on June 20, 2024, has generated significant attention and controversy due to campaign finance regulations. … [Read more...] about Winklevoss twins donate $2 million in bitcoin to Trump campaign
SEC approves spot ethereum ETFs
The U.S. Securities and Exchange Commission (SEC) approved applications from Nasdaq, CBOE and NYSE to list ethereum exchange-traded funds (ETFs). … [Read more...] about SEC approves spot ethereum ETFs
Trump says he supports cryptocurrency
US Presidential candidate Donald Trump came out in support of cryptocurrency during a special event for Trump NFT holders at his Mar-a-Lago resort in Florida. … [Read more...] about Trump says he supports cryptocurrency
Stablecoin Oversight: U.S. Senators Propose Clear Guidelines
Senators Kirsten Gillibrand and Cynthia Lummis are spearheading a significant legislative effort aimed at refining the regulation of stablecoins, a type of cryptocurrency pegged to stable assets like the U.S. dollar. Their proposed bill is poised to introduce comprehensive guidelines that will regulate stablecoin issuances and ensure robust consumer protections while fostering … [Read more...] about Stablecoin Oversight: U.S. Senators Propose Clear Guidelines
RFK Jr. advocates for bitcoin-backed dollar and tax abolition
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
Robinhood to delist ADA, MATIC and SOL
Robinhood, a US-based popular trading platform, has decided to delist Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th - the three tokens that were identified as securities by the Securities and Exchange Commission (SEC) in the recent lawsuits against Binance and Coinbase. … [Read more...] about Robinhood to delist ADA, MATIC and SOL