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“# Miami council supports mayor’s move to offer city worker salaries in Bitcoin ” Miami Mayor Francis Suarez has proposed an official resolution that would see Bitcoin (BTC) become an acceptable payment instrument in various parts of the city’s administration. Announcing the news on Twitter, the Mayor said that the city commission has supported the…
“# India’s crypto ban is coming, hodlers to be given transition period: Bloomberg ” An anonymous source claiming to be a senior Indian Finance Ministry official has claimed that the use of crypto assets will soon be completely banned in the world’s second most populated country. Speaking to Bloomberg, the source claimed that the use…
“# Bitcoin market cap briefly tops $900 billion ” Bitcoin is closing in on a trillion dollar market cap, with the total value of all Bitcoin crossing $900B for the first time today as the price hit new record highs. Bitstamp, one of the oldest Bitcoin exchanges still in operation, recorded a peak price of…
“# Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor ” Andrew Yang, the Democratic Party front-runner in the race to be New York’s next mayor said he would transform New York City into “a hub for BTC and other cryptocurrencies” noting the city to be “the world’s financial capital.” The…
“# First Bitcoin ETF approved in Canada ” A Bitcoin exchange traded fund for investment firm Accelerate Financial has been approved in Canada. This makes it the first officially approved Bitcoin ETF in North America after the Ontario Securities Commission gav the green light for the institutional product. The decision document was approved on Thursday,…
“# 4 top universities submit CBDC designs to the Bank of Canada ” Major Canadian universities have submitted new research to the Bank of Canada centered around the development of a central bank digital currency, or CBDC, underscoring the innovation underway in this space. The research began last year after the BoC engaged four institutions around…
“# Federal attorneys are investigating meme-led trading in GME, AMC and silver: WSJ ” The Department of Justice is reportedly the latest to turn up the heat on last month’s crazed markets. Citing unnamed sources, the Wall Street Journal reported on Thursday that the DoJ’s fraud division and the San Francisco district attorney’s office had launched probes…
“# Powers On… The battle for digital asset supremacy and the consequences of U.S. capitulation ” Powers On… is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct…
“# Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress ” Executives from companies involved in the recent controversy between hedge funds and retail investors from Reddit may be testifying at a House Financial Services Committee hearing next week. According to a Reuters report, two people familiar with the matter said executives…
“# Bitcoin has made the Naira almost useless, says Nigerian Senator ” As previously reported by Cointelegraph, the Central Bank of Nigeria issued a circular banning banks from servicing crypto exchanges. Reacting to the news during the Thursday plenary session, Senator Sani Musa of the Niger East Senatorial District remarked: “Cryptocurrency has become a worldwide transaction…