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“# Biden taps crypto-savvy former CFTC chair for transition team ” Less than four days after his official acceptance speech, Joe Biden has already begun assembling a team including the former chairman of the Commodity Futures Trading Commission as part of his transition to the 46th President of the United States. According to a Nov….
“# Argentina’s Parliament will see a new bill presenting a framework for crypto ” Argentine congressman Ignacio Torres plans to present a bill addressing cryptocurrencies to the Argentine Parliament. Cointelegraph en Español spoke with Efraín Barraza, Operations Manager of Athena Bitcoin in Argentina, and Alberto Vega, CEO of Bithan, who collaborated on the draft and…
“# OCC’s Brian Brooks testifies to the importance of crypto before US Senate ” As part of his statement to the U.S. Senate Committee on Banking, Housing and Urban Affairs, acting Comptroller of the Currency, Brian Brooks, prepared a whole section on crypto assets, including specific mention of stablecoins. “Today, roughly 60 million Americans own some…
“# US central banker urges digital dollar development ” President of the Dallas Federal Reserve Robert Kaplan believes the US central bank should begin work on a digital currency immediately, a clear indicator that some policymakers view this as an urgent matter. Speaking Tuesday at a virtual conference hosted by Bloomberg, Kaplan reportedly said: “It…
“# Lebanon to launch digital currency in face of economic and financial turmoil ” Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that has engulfed the country. Central bank governor Riad Salameh told a gathering of officials Monday…
“#EU accuses Amazon of using merchants’ data to help itself” European Union officials charged Amazon with antitrust violations Tuesday for allegedly harvesting data from outside merchants to boost its own retail business. The European Commission said it has also opened a second antitrust investigation into whether the e-commerce giant gives special treatment to its own…
“# Report: Crypto crimes declined in 2020, but DeFi hacks are on the rise ” Cryptocurrency-related crimes have slowed down in 2020, but some sectors within the crypto industry have become a new hotbed for criminal activity, a new report says. Citing major crypto analytics firm CipherTrace, Reuters reported on Nov. 10 that total losses from…
“# UK drafting stablecoin regulations and researching a CBDC ” The Treasury Department of the United Kingdom has revealed it is drafting proposals to regulate private stablecoins, while also researching central bank digital currencies (CBDC) as an alternative to cash. In an announcement published on Nov. 9, U.K. Treasury Chancellor Rishi Sunak noted the forthcoming…
“# Ripple’s Garlinghouse disses Bitcoin’s energy use in advance of Biden administration ” Ripple CEO Brad Garlinghouse thinks corporations converting cash to Bitcoin (BTC) could be making a costly mistake as a more environmentally-conscious Biden administration takes the White House in January. Garlinghouse tweeted Monday that the incoming president will be much tougher on climate…
“# Monero podcaster loses NY congressional race ” Douglas Tuman, a crypto enthusiast and host of the Monero Talk podcast, has lost in his bid to represent New York’s 4th District in the U.S. Congress. According to election results from The Associated Press, Tuman, a Republican, received 134,243 votes to incumbent Democrat Kathleen Rice’s 147,580…