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“# Former British MP says central banks should ban Bitcoin ” Nick Boles, a former Member of Parliament for Grantham and Stamford from 2010 to 2019, took to Twitter Tuesday to criticize Bitcoin over its negative environmental impact. He retweeted a post from BBC correspondent Rory Cellan-Jones showing that Bitcoin has overtaken Argentina in annual…
“# Crypto-friendly US senator invites Elon Musk to move to Wyoming ” Following Tesla’s groundbreaking Bitcoin announcement, pro-crypto Senator Cynthia Lummis set out the welcome mat for Elon Musk in her home state of Wyoming. Taking to Twitter yesterday, Lummis invited the Tesla and SpaceX CEO to consider relocating to “one of the most business…
“# Rhode Island introduces ‘vital’ blockchain growth act ” A new bill introduced to the Rhode Island state legislature aims to boost the state’s economy by opening up the “Ocean State” to blockchain innovators. Dubbed the Rhode Island Economic Growth Blockchain Act, the bill was introduced on Feb. 8 by Republican House representatives David Place…
“# Bitwise files intent with SEC to launch ‘Crypto Innovators ETF’ ” Bitwise, one of the world’s largest cryptocurrency fund managers, has filed a new prospectus with the United States Securities and Exchange Commission, or SEC, to launch an exchange-traded fund for so-called “crypto innovators.” The fund manager filed Form N-1A with the securities regulator…
“# Major Malaysian financial firm to invest in regulated crypto exchange ” Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment. According to an official Feb. 8 announcement, Kenanga has entered into a conditional agreement to acquire a 19% equity stake…
“# Indian parliament reportedly considering fast-tracking crypto bill ” The Indian government may be taking a legislative shortcut to pass a bill recently proposed to regulate digital currencies in the country. According to a report from news outlet CNBC-TV18, the Indian government may take the “ordinance route” to ban the use of private cryptocurrencies in…
“# Miami mayor aiming for ‘the most progressive crypto laws’ ” Francis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and blockchain industry. In an interview with Forbes published Sunday, Suarez said lawmakers in Miami were…
“# Crypto-friendly faces poised for positions in Biden administration ” As the United States Senate begins confirming leadership posts across commerce and the treasury, there has been meaningful momentum in the crypto community as a response. This is due to the profiles of various individuals who have been reportedly nominated, as well as the anticipated…
“# Federal reform could transform crypto’s cannabis use case ” The recent vow by United States Senate leader Chuck Schumer to end federal prohibition of cannabis could have knock-on effects for Bitcoin (BTC) and the wider cryptocurrency industry. Schumer and fellow Democratic senators Ron Wyden and Cory Booker released a joint statement on Feb. 1,…
“# Canadian investment firm Accelerate Financial files for Bitcoin ETF ” Another Canadian company has filed an application for a Bitcoin (BTC) exchange-traded fund, or ETF, amid a renewed interest in crypto ETFs from global financial firms. Accelerate Financial Technologies has filed and obtained a receipt for a preliminary prospectus with Canadian securities regulators for…