Protesters burn Bitcoin ATM as part of demonstration against El Salvador president
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”
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NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return…
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also…
Fidelity lobbies SEC to approve Bitcoin ETF in private meeting
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards.
Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of…
Sen. Warren goes after Ethereum network fees in committee hearing
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren.
Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial…
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.
SEC chair doubles down, tells crypto firms ‘come in and talk to us’
"Under our laws, they have to register with the Commission unless they qualify for an exemption," said Gary Gensler.
US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry
The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are…
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