Category: Uncategorized

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for the stalemate.

First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst
PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.

Bitcoin Wobbles, Then Regains Its Balance Above .2K; ETH, DOGE, MATIC Fall
The largest cryptocurrency ticked down for a couple of hours after a report that the Bank of Japan was mulling a change to its yield curve control policy before regaining ground.

Grayscale Urges Equal Treatment for All Spot Bitcoin ETF's in Letter to SEC
If the SEC decides to change course and approve one or more of of the current spot bitcoin ETF applications, “it must do so in a fair and orderly manner,” the statement said.

KIN Token Surges Over 20% After Vote to Burn 70% of Supply Passes
The token climbed on news that about 7 trillion KIN tokens worth $156 million will be burned.

CBDCs Wrongfully Break Down the Separation Between Money and State

Sequoia Capital Slashes Crypto Fund From 5M to 0M : WSJ
The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.

Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT
A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.

Mining Bitcoin Is an Act of Freedom

A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else
The British Brexiteer could call on the media and his far-right friends in his debanking fight. But most of us aren’t so lucky.