Leading regulator argues Bitcoin energy use outweighs economic benefits and seeks public disclosures

Today at POLITICO’s Sustainability Summit, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam, when asked about digital assets in the context of environmental sustainability, said that there is a “… own digital assets. This may rebalance over time, but it is now clearly distorted.” The CFTC is one of the top US regulators that is … Read more

Bitcoin may not attract more strength from a weak dollar

London, UK – 04 15 2021: Bitcoin coins cryptocurrency on US dollar bills background. getty The US Dollar Index (DXY), which tracks the value of the Dollar against major currencies, is under pressure this week and could continue to lose ground in the short term. While dollar reversals are historically bullish for bitcoin, things could … Read more

African Nations Resisting Bitcoin Only Delay the Inevitable

There are two forward-looking countries on Earth when it comes to Bitcoin: El Salvador and the Central African Republic. These two very different countries on different sides of the globe have come to the same conclusion: Bitcoin is the best money ever invented and adopting it early will be beneficial both for the people of … Read more

Madeira ’embraces’ Bitcoin, and how its president met Michael Saylor

The small Portuguese archipelago of Madeira has “adopted” Bitcoin (BTC) – but what does that mean? The announcement, made during the Bitcoin 2022 conference in Miami, dismissed confusion and misinformation. Miguel Albuquerque, President of the Regional Government of Madeira, took the stage in April to announce: “I believe in the future and I believe in … Read more

Bitcoin rebounds after stablecoin collapse sends cryptocurrency markets into a tailspin | business news

If you know of local business openings or closings, let us know. on here. · · · Rene and Grisellies Benique opened Coffee Ezekiel 47 at 10 S. Fifth Ave., off Fifth and Penn Avenues in West Reading. · Alter Ego Salon and Day Spa in Emmaus is holding a grand opening on Sunday, May … Read more

Authorities seize more than 1,500 cryptocurrency mining rigs in Dagestan crackdown – Mining Bitcoin News

Law enforcement and other authorities in Dagestan closed two illegal cryptocurrency farms, confiscating more than 1,500 mining machines. Government agencies of the republic, considered one of Russia’s underground coin minting capitals, carry out regular attacks against these facilities. Cryptocurrency Miners in Dagestan Accused of ‘Illegal Entrepreneurship’ Officials from the Dagestan Ministry of Internal Affairs and … Read more

Bitcoin is bad

Why not all cryptocurrencies are the same and why you should care and (re)act Bottom For as long as I’d like to admit, I’ve developed experience in the banking and retail payments infrastructure. Being very curious about all digital subjects, especially within my profession, I have added distributed ledger technology, blockchain, tokenization, cryptocurrencies as well … Read more