Month: July 2024

Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 […] Source: https://news.bitcoin.com/sec-enforcement-director-calls-for-stronger-crypto-regulation-citing-rising-investor-harm/

U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting that while it may not be a significant issue now, it could become more concerning as sanctions intensify. Yellen: We Are Very Attentive to the […] Source: https://news.bitcoin.com/us-treasury-very-attentive-to-russias-use-of-cryptocurrency-yellen-says/

According to onchain data, a dormant bitcoin wallet created 11 years and nine months ago on Sept. 25, 2012, has transferred 1,000 bitcoins valued at $60 million to an unknown wallet for the first time. 11-Year-Old Bitcoin Wallet Transfers 1,000 BTC for the First Time An old BTC wallet established on Sept. 25, 2012, moved […] Source: https://news.bitcoin.com/dormant-2012-bitcoin-wallet-awakens-moves-a-notable-1000-btc-worth-60-million/

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Former President Donald Trump has committed to delivering an in-person speech at an upcoming Bitcoin conference in Nashville, just hours after surviving an assassination attempt in…

Continue Reading→

Valentina Matvienko, Chairman of the Russian Federation Council, talked about the role of national digital currencies, also known as CBDCs, in increasing the use of national currencies in BRICS trade. Matvienko stated that a hypothetical BRICS bridge, a joint payment system, would leverage the digital currencies of all the bloc states. Russian Senate Chairman Profiles […] Source: https://news.bitcoin.com/russian-senate-leader-predicts-use-of-cbdcs-in-brics-payment-system/

According to Shopinbit, a European online retailer that accepts cryptocurrency for transactions, monero (XMR) was the favored payment method in June. Shopinbit reported that XMR accounted for over 74% of all payments during that period. European Retailer Shopinbit Sees Monero Payments Skyrocket in June The European online retailer, which offers over a million products, shared […] Source: https://news.bitcoin.com/privacy-coin-monero-tops-payments-at-european-online-retailer-shopinbit-in-june/

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: President Nayib Bukele starts combating price gouging practices in El Salvador a la Chavez, Paraguay enacts penalties of up to 10 years of jail time for power theft linked to crypto mining activities, […] Source: https://news.bitcoin.com/latam-insights-bukele-goes-chavez-mode-against-high-prices-paraguay-strengthens-power-theft-penalties-for-crypto-mining/