Tag: finance

SEC's Atkins: A Conservative Case for Crypto Regulation Now

SEC's Atkins: A Conservative Case for Crypto Regulation Now

Believe me, this ain’t your usual changing of the guard. It’s a potential paradigm shift, a rare opportunity to bring a little bit of that long overdue pragmatism into the wild west that is cryptocurrency. So let’s try to put the partisan bickering below us. This isn’t a left or...

Atkins' SEC: Crypto Regulation's New Era?

Atkins' SEC: Crypto Regulation's New Era?

The regulatory landscape for cryptocurrencies in the United States is poised for a significant shift with the potential appointment of Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC). This points to a potential reversal from the current leadership’s inflexible anti-enforcement approach. This represents a significant...

Trump's Crypto Monopoly: Genius Move or Web3 Dice Roll?

Trump's Crypto Monopoly: Genius Move or Web3 Dice Roll?

The confluence of Donald Trump and cryptocurrency has been an endlessly interesting, and frequently contentious, subject. Today, with the news of a Monopoly-style crypto game, it’s a whole different ballgame. We’d like to think it’s a smart new tactic to court crypto-savvy voters. Or is it a risky bet in...

Trump's Crypto Monopoly: 3 Reasons It's Genius (And Good For Crypto)

Trump's Crypto Monopoly: 3 Reasons It's Genius (And Good For Crypto)

Okay, let's be real. So when I heard for the first time that Trump was getting further into crypto, I was skeptical. So needless to say, the concept of a “Monopoly-style” game intrigued me! This is the same dude who recently called Bitcoin the “synthetic currency” a “scam against the...

Bitcoin's $90K Ceiling A Stark Warning About Reckless Leverage

Bitcoin's $90K Ceiling A Stark Warning About Reckless Leverage

Bitcoin flirting with $90,000 again? Don't uncork the champagne just yet. This isn't a story of organic growth or widespread adoption. It's a tale of leveraged speculation and it carries a stark warning for anyone seduced by the allure of quick riches. Seeing Bitcoin's price nudging that ceiling should make...

China's Crypto Stash: Opportunity or Threat to Global South?

China's Crypto Stash: Opportunity or Threat to Global South?

China’s crypto problem – a literal ton of it, in fact, recently-crushed crypto seized from all kinds of illegal activities. But here's the twist: this problem could be a solution for the Global South, or it could be a new kind of exploitation. Which way it tips is completely up...

China's Crypto Crackdown Creates a Hidden Bitcoin Stash?

China's Crypto Crackdown Creates a Hidden Bitcoin Stash?

Meanwhile, China has made an all-out assault on crypto especially Bitcoin, entirely illegal. Ironically, it is now local governments that are tasked with storing millions of dollars in seized Bitcoin. This surprising turn of events produces a confusing legal, ethical, and financial tangle. It raises an alarm to critical debates...

Senator Ted Cruz Champions Crypto with Bill to Repeal IRS 'DeFi' Rule

Senator Ted Cruz Champions Crypto with Bill to Repeal IRS 'DeFi' Rule

Senator Ted Cruz is currently leading the most aggressive effort in favor of cryptocurrency in the history of the U.S. Senate. He recently led the charge for FEIC’s repeal of the IRS’s misguided ‘DeFi broker rule.’ In order to do so, he introduced a bill under the Congressional Review Act....

New York Considers Allowing Cryptocurrency Payments for State Obligations

New York Considers Allowing Cryptocurrency Payments for State Obligations

New York is contemplating a bill that would permit residents to utilize cryptocurrencies like Bitcoin and Ethereum for state-related payments, including taxes. The model legislation, dubbed Assembly Bill A7788, has been introduced by Assemblyman Clyde Vanel. Cryptocurrencies for any payments they need to make. This proposal could pave the way...

NY State Might Accept Bitcoin: What It Means For You

NY State Might Accept Bitcoin: What It Means For You

Little did we know that New York is on the cusp of its own financial revolution. In one such development, a proposed bill might soon let state agencies accept crypto payments. This decision has the potential to reshape what it means for residents, businesses and the wider burgeoning crypto industry...