Auto Added by WPeMatico

Stablecoin Bill Delayed to September After Treasury Raises Concerns

The House Financial Services Committee has pushed back its long-awaited stablecoin bill to September following objections from Treasury Secretary Janet Yellen. This will delay congressional discussions on the subject until…

Continue ReadingStablecoin Bill Delayed to September After Treasury Raises Concerns

Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to…

Continue ReadingHuman Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress

Yeonmi Park Co-Signs Letter to Congress Explaining Bitcoin’s Importance for Human Rights

Famous North Korean defector and activist Yeonmi Park has petitioned U.S. congress to remain open-minded when legislating Bitcoin and stablecoins. Together with another 19 human rights activists from around the…

Continue ReadingYeonmi Park Co-Signs Letter to Congress Explaining Bitcoin’s Importance for Human Rights

Senator Warren’s Bill Will Hurt Crypto, Not Russia (Opinion)

Democratic Senator Elizabeth Warren is seldom reserved with her distaste for the crypto industry. Name any common criticism of Bitcoin, and she’s probably shared it already: volatility issues, environmental damage,…

Continue ReadingSenator Warren’s Bill Will Hurt Crypto, Not Russia (Opinion)

Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US

The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer…

Continue ReadingPro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US

US Congress Votes to Up Debt Ceiling by $2.5 Trillion, What Does it Mean for Bitcoin?

The US government is close to postponing its federal default for at least a year after Congress finally approved a debt limit increase by a whopping $2.5 trillion. With the…

Continue ReadingUS Congress Votes to Up Debt Ceiling by $2.5 Trillion, What Does it Mean for Bitcoin?