Venezuela Could Be Shifting to the US Dollar: Is It Bad for Crypto?
Venezuela is moving closer to formal dollarization, with economist Steve Hanke drafting a bill to abolish the bolivar. According to reports, the National Assembly appointed him as a special adviser this month. The Johns Hopkins economist drafted a full dollarization law that would abolish the bolivar and the central bank. He puts the odds of
Brian Armstrong: Crypto Regulatory Clarity Coming by Mid-September
CFTC officials are already preparing an alternative regulatory framework if lawmakers remain deadlocked and fail to pass the CLARITY Act.
Bitcoin Miners Had a $2 Billion Ghost Seller, Citadel Just Cleared It
Filings show a $1.99B Bitcoin miner book inside the fund that blew up. Citadel has now cleared most of it.
Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out
Bitcoin Magazine Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out Bitcoin's price continues to rise and those betting on it to fall are suffering. This post Bitcoin Has Its Best Week Since 2023 as Shortsellers Continue To Get Wiped Out first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Pakistan’s Crypto Pitch: “Come Build Here” as Virtual Assets Act Moves Forward
Bitcoin Magazine Pakistan’s Crypto Pitch: “Come Build Here” as Virtual Assets Act Moves Forward Pakistan has announced a new regulatory framework for crypto after banning the asset class for close to a decade, Announcing the news in an X post Friday, Bilal Bin Saqib, the special assistant to the prime minister on blockchain and cryptocurrency, invited…
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