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Trump’s Team Evaluates Candidates for First White House Crypto Role
President Donald Trump and his team are making strides towards establishing a crypto council and a new office dedicated to digital assets at the White House. The transition team is currently vetting candidates to lead this first-of-its-kind crypto office, which will focus solely on digital asset policies in the United States. According to reports from…
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Will the Fed’s Rate Cut Boost Bitcoin? Experts Weigh In
In the world of cryptocurrency, all eyes are on Bitcoin as the Federal Reserve considers a potential rate cut that could have significant implications for digital assets. With Bitcoin reaching new highs of around $75,000, experts are divided on how Federal Reserve policy changes could impact the market. Market analysts are split on the potential…
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Minneapolis Fed Calls for Bitcoin Ban or Tax to Address Deficits
The Federal Reserve Bank of Minneapolis has recently stirred controversy with the release of a paper advocating for the ban or taxation of Bitcoin in order to maintain primary deficits. The working paper, titled “Unique Implementation of Permanent Primary Deficits?” and authored by Amol Amol and Erzo G.J. Luttmer, argues that governments should take action…
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Australia to Require Crypto Firms to Hold Financial Services Licenses: New Guidance Coming Soon
Australian regulators are taking steps to tighten regulations on cryptocurrency exchanges by requiring them to obtain financial services licenses. The move comes as the Australian Securities and Investments Commission (ASIC) prepares to extend licensing requirements beyond those related to digital currency exchanges, as reported by The Australian Financial Review (AFR). ASIC commissioner Alan Kirkland highlighted…
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Australia to Introduce New Legislation Requiring Crypto Firms to Obtain Financial Services Licenses
Australian regulators are taking steps to tighten regulations on cryptocurrency exchanges by requiring them to obtain financial services licenses. The move comes as the Australian Securities and Investments Commission (ASIC) considers extending licensing requirements beyond those related to digital currency exchanges. ASIC commissioner Alan Kirkland revealed the authority’s plans at the AFR Crypto and Digital…
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Why Strategic Investment VCs are Missing Out on Africa’s Blockchain Boom
VALR’s success story is just one example of the potential impact that strategic investment from venture capitalists (VCs) could have on Africa’s blockchain industry. Despite the continent’s vast potential, African nations received only 1% of global blockchain venture funding in 2020, compared to the US’s 40%. This underinvestment is a missed opportunity for VCs looking…
