Category: US
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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto
On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope…
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G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their…
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Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency to take the USD down a peg. The…
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How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion draft bill, the Keep Big Tech Out of Finance Act, hopes to…
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How 10 Countries Respond to Facebook’s Libra Cryptocurrency
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. Also read: G20 Leaders Issue Declaration on Crypto Assets –…
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US City Plans SLP Token and Canadian Platform Adds BCH in the Bitcoin.com Weekly Video
[youtube https://www.youtube.com/watch?v=mZoe84xmfpw&w=560&h=349] An American city is planning to launch its own SLP token and a Canadian trading platform adds support for BCH pairs. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange American City Plans to Create Local…
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Bitmain’s Nishant Sharma Talks China and Crypto in the Humans of Bitcoin Podcast
This week on the Humans of Bitcoin podcast host Matt Aaron chatted with Bitmain’s Nishant Sharma who shared his story and discussed the western hemisphere’s false impressions of China and Bitcoin. During the interview, Sharma conversed about his work with Bitmain, one of the largest cryptocurrency companies in the world, and addressed some of the…
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Traders Are Now Banned From Using Localbitcoins Exchange in Iran
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade volume on the Localbitcoins platform, which has been climbing steadily over the last…
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Leading Crypto Advocate and Wyoming Blockchain Attorney Bob Cornish and Wilson Elser retained by Monarch Blockchain Corporation as its Counsel
Leading Crypto Advocate and Wyoming Blockchain Attorney Bob Cornish and Wilson Elser retained by Monarch Blockchain Corporation as its Counsel Attorney Bob Cornish, an industry expert in the digital asset space and member of the Wyoming Blockchain Coalition, has been retained by Monarch Blockchain Corporation as its Counsel for legal and corporate matters. Reno, United…
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Wikileaks Bitcoin Donations Soar Following Assange Arrest
Wikileaks’ bitcoin address has received a deluge of support following founding editor Julian Assange’s arrest. Donations have reached nearly $32,000 on Friday, 60% more than was raised the day before, when Assange was taken into custody. Also read: How Traditional Stock Markets Can Help Mainstream Cryptocurrency BTC Donations Reach $32,000 More than 6.3 BTC worth…