Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor Discusses Impact of CBDCs on Cryptocurrencies RBI Deputy Governor T. Rabi Sankar talked about the potential impact of central bank digital currencies (CBDCs) on cryptocurrencies, like bitcoin and…
Month: June 2022
Bitcoin Will Reinspire The Pursuit Of Beauty
Robert Malka is a board member of the Bitcoin Today Coalition and works with Mi Primer Bitcoin to develop the curricula for its K–12 Bitcoin Certification program in El Salvador. We stand at the crossroads of fiat’s death and generational wealth’s revival, where the possibilities are endless. Through Bitcoin, the economic foundation of our society will be a commitment to…
Smart contracts can redesign legal agreements, but businesses beware
When was the last time you got a late payment? Chased an invoice? Waited for your monthly paycheck only to realize it’s late yet again? You might relate to these headaches as an investor, employee or client. But the tension that affects each of these unique parties is often caused by one unwavering contributor: an underlying traditional contract. Contracts affect…
Tesla CEO Elon Musk Has ‘Super Bad Feeling’ About US Economy — Biden Responds – Bitcoin News
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon. Elon Musk’s Bad Feeling About the U.S. Economy Tesla CEO Elon Musk said he has a “super bad feeling” about…
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide – Featured Bitcoin News
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there are thousands of merchants worldwide…
Snoop Dogg to Open Bored Ape NFT-Themed Dessert Restaurant
A fast food joint called Bored & Hungry — the first eatery inspired by a Bored Ape Yacht Club NFT — opened in Los Angeles this spring. Now the team behind that eatery is bringing in rapper and NFT enthusiast Snoop Dogg to open up its next NFT-themed restaurant. Snoop Dogg and Food Fighters Universe—a startup co-founded by Andy Nguyen, Kevin Seo…
LatAm Bitcoin Exchanges Announce Major Layoffs to Prepare for Crypto Winter
The onset of Crypto Winter is not only affecting retail investors. Six of the most important cryptocurrency exchanges in the U.S. and Latin America have announced massive layoffs and changes in their hiring policies to adapt to the new macroeconomic circumstances. 2TM, the company behind Mercado Bitcoin, announced it would lay off 12% of its 750 workers due to “changes…
5 reasons why Bitcoin could be a better long-term investment than gold
The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect against volatility and a possible decline in the value of the United States dollar. For years, crypto traders have referred to Bitcoin (BTC) as “digital gold,” but is it actually a better investment than gold?…
NBA Crypto Sponsorship Spending Increased 7,300% This Season: Report
In brief Crypto industry firms spent a combined $130 million on NBA sponsorship deals this season, up from just $1.75 million the previous season. Coinbase, FTX, Crypto.com, and Socios are among prominent sponsors of NBA teams or the league itself. If you watched the first game of the 2022 NBA Finals on Thursday, then you likely spotted a few crypto…
Japan Adopts Legislation Establishing Legal Framework for Stablecoins – Regulation Bitcoin News
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collapse of the algorithmic stablecoin terrausd. Law on Stablecoins Approved in Japan in Aftermath of UST Collapse Lawmakers in Japan have passed a bill designed to determine the…