Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies

The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.

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Salceda Sees Peso Could Depreciate to 68 Pesos to One Dollar

Salcedo gave a possible economic solution which can be a mix of policy and program intervention. He suggested that the government needs to encourage the “Big 4” in service Dollar earners.

The post Salceda Sees Peso Could Depreciate to 68 Pesos to One Dollar appeared first on BitPinas.

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Algorithmic Stablecoins Could Be Banned For Two Years, According To U.S. Bill

The bill lays out a series of steps before approving the issuance and circulation of Terra-like stablecoins.

Continue reading Algorithmic Stablecoins Could Be Banned For Two Years, According To U.S. Bill at DailyCoin.com.

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Bipartisan Bill to Eliminate Taxes for Small Bitcoin Transactions

The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency.

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US House Committee to Discuss Stablecoin Regulation

The US House of Representatives Committee on Financial Services will conduct a hearing on stablecoin regulation on April 19th, following the introduction of a draft bill on stablecoin regulation. The hearing will include testimonies from experts, including Austin Campbell, a managing partner at Zero Knowledge Consulting and adjunct professor at Columbia Business School, who believes stablecoins will expand the reach of the US dollar and increase financial inclusion. (Read More)

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ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default [...]

The post ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations appeared first on Crypto Breaking News.

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Regulate or Restrict? Salcedas Tax Plan vs. Infrawatchs Push to Ban Unregulated Exchanges

Weigh in on what is the better policy for foreign crypto exchanges; ban them or tax them instead?

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Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital [...]

The post Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard appeared first on Crypto Breaking News.

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Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate

In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central bank, a federal agency, or a foreign government issue a CBDC, its [...]

The post Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate appeared first on Crypto Breaking News.

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