Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.
Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ
The plan, which sounds similar to a proposal from Sen. Cynthia Lummis’ (R-Wyo.), doesn’t echo “freedom, sovereignty and independence from government coercion and control,” whi...
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Feds arrest Princeton grad ‘Diamondhands’ who raised $257 million for fake crypto social media site
Al-Naji ran a site called BitClout and, according to the SEC, siphoned millions for personal expenses, including a Beverly Hills mansion.
Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported.
Russia Legalizes Crypto Mining and Brings an Experimental Regime
The State Duma passed two bills on Tuesday.