Tags : Economic

Regulation

Dutch economic advisor calls for a Bitcoin ban even as

An official of the Central Planning Bureau (CPB), an independent, publicly financed policy arm that advises the government of the Netherlands, said today that Bitcoin and other cryptocurrencies should be banned in the country. The director of the ‘Centraal Plan Bureau’ (CPB), an economic research institute that advises the Dutch government, wrote an essay that […]Read More

Regulation

IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. “Adoption of Bitcoin as legal tender raises a number of macroeconomic, financial, and legal issues that require very careful analysis,” said Gerry Rice, an […]Read More

Market

Rogue states dodge economic sanctions, but is crypto in the

When the United States first began going after crypto companies for violating its economic sanctions rules, it didn’t exactly start with a bang. In December, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with crypto wallet provider BitGo after the Palo Alto firm failed to prevent persons apparently located in the […]Read More

Bitcoin

Macau casino investor bets on Bitcoin (BTC) amidst a bleak

Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today. “In recent times, the Board observed increasing popularity of cryptocurrencies in the […]Read More

Bitcoin

Argentinians are flocking to Bitcoin (BTC) amid inflation, economic decline

The popularity of Bitcoin and other cryptocurrencies is skyrocketing in Argentina as local residents look for new ways to offset inflation, global news agency AFP News reported today. “The number of user accounts for investing in cryptocurrencies has multiplied by ten in Argentina since 2020,” Maximiliano Hinz, Latin American director of crypto exchange Binance, told the […]Read More

Regulation

World Economic Forum to host cryptocurrency discussions at Davos this

The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market. And it’s now discussing it more formally. WEF discusses crypto This week will see two cryptocurrency events take place between officials of the World Economic Forum, the international commerce think tank, as part of the high-profile Davos meeting. […]Read More

Blockchain

Rhode Island Introduces ‘Economic Growth Blockchain Act’

The state of Rhode Island understands that to compete in the twenty-first century economy, Rhode Island must offer one of the best business environments in the United States for blockchain and technology innovators, and should offer a comprehensive regulatory technology sandbox for these innovators to develop the next generation of digital products and services in Rhode […]Read More