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“# HK production company plans to launch crypto-themed drama series on NFTs ” A production and investment firm is launching a drama series on nonfungible tokens featuring a competition between Hong Kongers and Americans to create a digital currency. In a Sunday report from entertainment publication Variety, the AMM Global production company will be creating…
“# The digital euro: Something Europe can’t afford to get wrong ” Europe knows it will have to embrace a digital euro soon. To become a global digital leader and avoid dependence on American and Asian technological infrastructures, European policymakers and regulators have to make progressive decisions. A critical stumbling block for Europe’s digital economic…
“# Are cryptocurrency ransom payments tax deductible? ” About 2,000 years ago during its Han dynasty, China made peace with some of the nomadic people of Central Asia who continuously ransacked Silk Road traders for an easy payday. It did so in order to fully establish the Silk Road trade route, which stretched from China…
“#Celebrate America this 4th of July” Katharine Lee Bates, a 33-year-old English literature teacher at Wellesley College, was on “a merry expedition up Pike’s Peak” in Colorado in 1893 when she looked out “over the sea-like expanse of fertile country spreading away so far under those ample skies.” In an instant, she said, “the opening…
“#Young Americans need to appreciate the good fortune of the US” A friend of mine who immigrated to the United States from one of the poorest countries in the world, Haiti, once joked to me, “Do you know why I love the US? Toilet.” He laughs easily. He grew up without one. His family didn’t…
“# Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May ” Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency, chairperson Jerome Powell met with Coinbase CEO Brian Armstrong. According to Powell’s meeting calendar which was made public on Friday, the…
“# Greenidge plans to expand mining operations to South Carolina ” Bitcoin mining company Greenidge Generation announced it would be starting operations in South Carolina as early as this year. In a Friday announcement, Greenidge said it would be operating in a carbon neutral crypto mining facility in the city of Spartanburg. The company said…
“# Crypto ownership has nothing to do with distrust in fiat: BIS study ” The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a…
“# US state dept urges El Salvador to be ‘responsible’ about Bitcoin adoption ” The U.S. Department of State’s Under Secretary of State for Political Affairs Victoria Nuland said El Salvador should ensure Bitcoin is well regulated under its new legal framework. In a Wednesday press conference following a meeting with President Nayib Bukele, Nuland…
“# Study names United States ‘most crypto-ready’ country ” Despite not having a clear regulatory framework on cryptocurrencies, the United States has positioned itself as the “most crypto-ready” nation in the world based on several key metrics, such as Google searches, crypto ATM saturation and legislation. The 2021 Crypto-Ready Index, courtesy of research firm Crypto…