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” Impact of the Silvergate collapse on crypto — Watch The Market Report live “ This week on The Market Report, the resident experts at Cointelegraph discuss all the details regarding Silvergate and its impact on the crypto market so far. We kick things off with this week’s top stories Bitcoin traders eye $19K BTC…
” Is the IMF shutting the door prematurely on Bitcoin as legal tender? “ There’s been little sunlight this crypto winter, so it may seem odd to present the “Bitcoin as legal tender” argument again. That is, will or should any country — other than El Salvador and the Central African Republic (CAR), which have…
” Derivatives data highlights crypto traders’ positive sentiment and belief in further upside “ The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more…
” Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27 “ Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central…
” IMF to prefer regulating crypto than banning it outright: Report “ The International Monetary Fund would prefer to differentiate and regulate crypto assets rather than enforce an outright ban, though the nuclear option will remain on the table for now. Speaking on the sidelines of the G20 finance ministers meetings in Bengaluru, India, IMF…
” U.S. Treasury Janet Yellen calls for ‘strong regulatory framework’ for crypto activities “ United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 meeting on Feb. 25. Speaking to Reuters, Yellen said that it was “critical to put in place a strong regulatory framework.”…
” IMF exec board endorses crypto policy framework, including no crypto as legal tender “ The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed…
” IMF wants El Salvador to reconsider Bitcoin exposure: Community reaction “ After a visit to El Salvador, the International Monetary Fund (IMF) suggested the country reconsider its plans to increase exposure to Bitcoin (BTC). The community responded to the IMF’s suggestion with various messages calling out the organization. From dismissing the IMF’s suggestion as…
” El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, suggests IMF “ El Salvador has been advised to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets by the global monetary watchdog. A Feb. 10 statement from the International Monetary Fund (IMF) emphasized that Bitcoin’s risks…