Auto Added by WPeMatico

House members call for an end to lawmakers trading stocks — is crypto next?

"This would end the potential corruption of lawmakers pursuing policy outcomes that benefit their portfolios,” said 27 members of the U.S. House of Representatives in a letter calling for a…

Continue ReadingHouse members call for an end to lawmakers trading stocks — is crypto next?

Analysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’

Top traders are starting to search for optimal long entries for BTC even as concerns about the Federal Reserve’s new policy directive weighs on stocks and crypto markets.

Continue ReadingAnalysts say Bitcoin’s bounce at $36K means ‘it’s time to start thinking about a bottom’

No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech…

Continue ReadingNo Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

Decommissioned Power Plant in Armenia to Host Crypto Mining Farms

Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and the government intends to rent…

Continue ReadingDecommissioned Power Plant in Armenia to Host Crypto Mining Farms

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says

Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed…

Continue ReadingRussia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says