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“# The stablecoin scourge: Regulatory hesitancy may hinder adoption ” The stablecoin market has been growing exponentially — from only $21.5 billion in mid-October of last year to $130 billion at the start of November; a six-fold increase — so it was only reasonable to expect that the United States government would have to come…
“# American grocer Kroger says Bitcoin Cash press release was fraudulent ” Disclaimer: This article initially reported that Kroger would accept Bitcoin Cash. It has since been amended following new information. American grocery store chain Kroger has denied claims that it is accepting cryptocurrency payments. The major retailer said that a press release stating it would…
“# New study reveals which US cities lead crypto hires in 2021 ” Metropolises led the crypto-related hires in the United States during 2021, but jobs in the space are well dispersed around the country, LinkedIn data revealed. A new study conducted by LinkedIn for Bloomberg shows that there is not a single hub for…
“# NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate ” Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4 response on Twitter to Francis…
“# Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars ” Prime Blockchain (PrimeBlock), a new cryptocurrency mining company in the United States, is hiring its inaugural management team after starting mining Bitcoin (BTC) in September. PrimeBlock told Cointelegraph on Thursday that it appointed Goldman Sachs veteran Gaurav Budhrani as the…
“# Crypto at the polls: Eric Adams wins NYC mayoral race ” Democrat Eric Adams, who said he planned to make New York City “the center of Bitcoins” if elected mayor, has won his race against Republican Curtis Sliwa. Following the Nov. 2 Election Day results, Adams will be replacing Bill de Blasio as the…
“# US Senator submits resolution too allow crypto payments in US Capitol Complex ” U.S. Republican Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol complex. The resolution, titled Adopting Cryptocurrency in…
“# NYSE Arca files with SEC to list Bitwise Bitcoin ETP Trust ” NYSE Arca, a subsidiary of the New York Stock Exchange (NYSE) Group, wants to list and operate a trust based on Bitcoin (BTC) exchange-traded products (ETP). In a rule-change proposal with the United States Securities and Exchange Commission, NYSE Arca proposed to…
“# Connecticut jury finds crypto-related products are not securities ” A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted by ZenMiner LLC on Nov. 1. “It’s the…
“# Miami mayor plans to accept first paycheck entirely in Bitcoin ” Francis Suarez, who has served as the mayor of Miami since 2017, has said he’s going to take his next paycheck in Bitcoin. In a Tuesday Twitter post, Suarez said he aimed to be the first United States lawmaker at the state or…