5 months ago
🇮🇳 India Considers Banning Bitcoin, ETH in Favor of Its CBDC.
According to an Indian official, “CBDCs can do everything that cryptocurrencies do.
In fact, CBDCs have more advantages than cryptocurrencies, without the risks associated with private cryptocurrencies.”
The government will make a final decision after extensive consultation.
According to an Indian official, “CBDCs can do everything that cryptocurrencies do.
In fact, CBDCs have more advantages than cryptocurrencies, without the risks associated with private cryptocurrencies.”
The government will make a final decision after extensive consultation.
7 months ago
🚨 SWIFT launches system to simplify tokenized asset (RWA) transactions.
SWIFT is updating its system to support real-time transfers of tokenized assets, connecting blockchains, CBDCs and fiat currencies for seamless global transactions.
“Our vision is that our members can use their Swift connection to transact interchangeably using both existing and emerging asset and currency types.”
https://www.swift.com/news...
SWIFT is updating its system to support real-time transfers of tokenized assets, connecting blockchains, CBDCs and fiat currencies for seamless global transactions.
“Our vision is that our members can use their Swift connection to transact interchangeably using both existing and emerging asset and currency types.”
https://www.swift.com/news...
7 months ago
🇺🇸 North Carolina passes anti-CBDC bill.
The North Carolina General Assembly passed a bill that prohibits state involvement in testing a CBDC
The North Carolina General Assembly passed a bill that prohibits state involvement in testing a CBDC
8 months ago
💥 Understand that you are simply ahead of the rest of the world. #Bitcoin is only a few years old, it is something very recent, just like the internet was before the 2000s.
Today, the richest own #Bitcoin , while the masses will tell you: "Your thing is a scam."
- Today, everyone uses the Internet.
- Tomorrow, everyone will use cryptocurrency, because CBDCs are not a question of “if” but “when”.
Today, the richest own #Bitcoin , while the masses will tell you: "Your thing is a scam."
- Today, everyone uses the Internet.
- Tomorrow, everyone will use cryptocurrency, because CBDCs are not a question of “if” but “when”.
8 months ago
AMERICA AND BITCOIN
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
A historical speech. Here is Donald Trump's full speech at the Bitcoin Conference with timestamps and transcript.
TIMESTAMPS
1:36 - Shoutouts to David Bailey, Winklevosses, Michael Saylor, Cathie Wood, Ron Paul and Rand Paul, Vivek, and the victims of the July 13 assassination attempt.
7:00 - How Bitcoin rose from an idea on an anonymous message board to the 9th most valuable asset in the world.
10:00 - America is a nation in decline, and we cannot let China dominate Bitcoin. The US must lead in tech, science, manufacturing, AI, space, and power generation.
14:50 - Bitcoin will be mined, minted, and made in the USA. If it goes to the moon, it'll get there from America.
16:20 - How the Biden/Harris administration has waged war on crypto for the last three and a half years, by choking off banking support.
22:00 - The Biden/Harris administration is against Bitcoin, because it stands for freedom, sovereignty, and independence from government coercion and control.
25:00 - The day Trump takes the oath of office, Joe Biden, Kamala Harris, and Elizabeth Warren's anti-crypto crusade will be done. He will fire Gary Gensler on day one!
27:57 - Trump commits to immediately shutting down Operation Chokepoint 2.0, and creating a Bitcoin and Crypto Presidential Advisory Council. In 100 days, fair rules written by people who want crypto to thrive.
29:28 - There will never be a CBDC. And he will defend the right to self-custody, freedom of transaction, freedom of association, and freedom of speech.
30:25 - He'll support USD stablecoins and global savings in Bitcoin. And he recognizes that the behavior of the current US government is the threat to the dollar, not Bitcoin.
35:30 - Biden/Harris has presided over the biggest inflation in the history of America.
38:30 - Inflation destroyed Weimar Germany. Bitcoiners understood inflation better than anyone else. Inflation is stealth taxation, a national disgrace.
43:30 - Make the US the lowest cost energy producer in the world, given its natural resources, and turn it into a Bitcoin mining powerhouse. Americans will not need to move to China.
44:20 - The US government has violated the cardinal rule: never sell your Bitcoin. He will stop the US government from selling its Bitcoin. This will serve as the core of the strategic national Bitcoin stockpile.
46:00 - He will commute the life sentence of Ross Ulbricht to time served.
46:26 - He commits to becoming the pro-innovation, pro-Bitcoin, and pro-tech president that America deserves. And will make America and Bitcoin stronger, richer, freer, and greater than ever before.
9 months ago
🇺🇸 “Republicans will end Democrats’ illegal, anti-American crackdown on cryptocurrencies and oppose the creation of a CBDC.”
“We will defend the right to mine bitcoin and ensure that every American has the right to self-custody their digital assets and transact without government surveillance and control.” .
According to a draft of the Republican program
https://decrypt.co/238907/...
“We will defend the right to mine bitcoin and ensure that every American has the right to self-custody their digital assets and transact without government surveillance and control.” .
According to a draft of the Republican program
https://decrypt.co/238907/...
9 months ago
"The Governor of North Carolina, Roy Cooper, vetoed a bill prohibiting the state from implementing a central bank digital currency issued by the Federal Reserve.
He said the bill was too "premature, vague and reactionary" to be signed into law.
Although the veto can be annulled by legislators, some criticize this decision as politically motivated. #CBDC #CarolineDuNord”
https://cointelegraph.com/...
He said the bill was too "premature, vague and reactionary" to be signed into law.
Although the veto can be annulled by legislators, some criticize this decision as politically motivated. #CBDC #CarolineDuNord”
https://cointelegraph.com/...
9 months ago
TRUMP OR BIDEN - WHO’S BETTER FOR CRYPTO?
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?
For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.
Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?
BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.
Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.
With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.
The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”
Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”
DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.
Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.
More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.
These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?
For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.
Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?
BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.
Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.
With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.
The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”
Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”
DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.
Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.
More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.
These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.
9 months ago
. Uniswap Wallet integrates Transak to facilitate fiat-crypto conversions :
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
Uniswap partners with Transak to integrate fiat-crypto conversion services into Uniswap Wallet. Users will be able to buy cryptos directly with fiat currencies via Apple Pay, Google Pay, credit cards.
. The Bahamas wants to force local banks to integrate their CBDC :
The Bahamas is preparing legislation requiring banks to support their CBDC, the "Sand Dollar". According to the governor of the central bank, banks will have to offer access to this digital currency to their customers within two years.
. Cometh and Worldcoin collaborate to facilitate account abstraction :
The French startup Cometh has received a grant from the Worldcoin Foundation to develop a mobile library integrating access keys, ERC-4337, and Safe smart accounts in World Chain wallets.
. Bitfarms increases its production capacity :
In June, Bitfarms increased its Bitcoin production by 21%, reaching 189 BTC, despite a decrease of 51% compared to June 2023 due to the last halving. The company sold 134 BTC for $8 .8 million and now holds 905 BTC.
