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US to Delay Approval of Proposed Crypto Bills until Early 2024

Republicans had hoped to get US crypto legislation through the House in 2023. However, now 2024 seems to be a more likely period. The introduction of comprehensive regulatory frameworks for cryptocurrencies in the United States has taken an unexpected turn, with lawmakers now eyeing 2024 as the prospective timeline for House approval of the bill. After months of waiting for the potential green light on two proposed regulations aimed at policing stablecoin issuers and the entire crypto...

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USDC Stablecoin Issuer Circle Rejects Accusations of Facilitating Illicit Financing

Stablecoin issuer Circle has dismissed false claims of facilitating illicit financing activities. In a letter addressed to US Senators Sherrod Brown and Elizabeth Warren, the company also said it does not provide banking services to Justin Sun, the Tron Foundation, or HTX (formerly known as Huobi Global). In February 2023, Circle terminated all accounts belonging to Sun and companies associated with him. “False” Claims of Illicit Financing In response to a previous letter...

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Dow Futures Slightly Up after closing at New 2023 High, Treasury Yields Remain Flat

Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year. The Dow Jones Industrial Average surged to a new high for the year on Thursday. This marked a stellar month-end performance amidst signs of reduced inflation and robust earnings reports. Climbing by 520 points, or 1.47%, the Dow closed at 35,950.89, surpassing its previous peak set in August. Similarly, the S&P 500 added 0.4% to hit 4,567.80, while the Nasdaq Composite dipped...

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Crypto Bank Seba Rebrands Itself as ‘Amina’ amid Major Transformation

The transition began at the company headquarters in Switzerland, with plans for an eventual change of name and transformation across other offices located in financial hubs like Abu Dhabi, Hong Kong, and Singapore. The cryptocurrency bank, formerly known as Seba, is embarking on a major rebranding effort as it transitions to a new name – Amina Bank. The change comes following confusion with another bank in Sweden named SEB. The report stated that there was an agreement to adopt a fresh...

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BTC Price Eyes $40,000 Soon as Massive Number of Bitcoins Move Off Exchanges

Anticipated interest rate cuts by central banks in the coming months could attract capital to various markets, potentially leading to increased volatility in speculative sectors like cryptocurrencies, according to some market observers. With the Federal Reserve pausing its rate hiking cycle and other central banks globally following suit, there is speculation that we may have reached the peak of this tightening cycle. To sustain a significant boost in risk assets, a clear trajectory toward...

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Ripple bald auf 11?

XRP ist die Kryptowährung des Zahlungsnetzwerks RippleNet, welches vom Unternehmen Ripple entwickelt wurde. Es gibt einige Experten, die einen Preis von Ripples XRP bei 11-12 US-Dollar prognostizieren. Wer also jetzt 1’000 Franken in XRP investiert, hat vielleicht bald das Zwanzigfache, also 20’000 Franken auf dem Konto, sollten diese Prognosen wahr werden. In Sache Bitcoin-Preis ist dies ebenfalls möglich, aber es braucht da einiges mehr. Denn in...

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Technikwelt Solothurn baut das Internet der 1990er Jahre nach

11/30/23, 15:00 Berner Fachhochschule geht Partnerschaft mit Enter Technikwelt Solothurn ein und baut das Internet der 1990er Jahre nach. Die Enter Technikwelt Solothurn öffnet am 1. Dezember ihre Türen im Neubau in Derendingen. Zur Eröffnung hat die Berner Fachhochschule eine Partnerschaftsvereinbarung mit dem Museum unterzeichnet. Mit der Partnerschaft ist ein erstes gemeinsames Projekt entstanden: Die BFH hat für die interaktive Ausstellung das...

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Cybercrime-Polizei Schweiz: Vorsicht vor geforderten Mietkautionen über gefälschte Airbnb-Plattformen

Vorsicht vor geforderten Mietkautionen über gefälschte Airbnb-Plattformen Die Schweizer Plattform Cybercrimepolice warnt vor Mietkautionsbetrüger. Dabei ist die Masche ziemlich perfide, denn u.a. werden ganze Wohnungsvermittlungs-Seiten und AirBnB gefälscht. Mit Blick auf die angespannte Situation auf dem Wohnungsmarkt suchen viele Personen händeringend nach einer Wohnung. Betrüger machen sich diese Situation zunutze und locken mit falschen...

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Bitcoin Cash Analysis: Key Resistance Intact But Bears Losing Strength

Bitcoin cash is attempting a recovery wave above the $220 zone against the US Dollar. The price is now trading below the $225 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $223 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $223 and $225 to start a steady upward movement in the near term. Bitcoin cash price is rising from $215 against the US Dollar, like...

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Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording from the Federal Senate, the new rule applies to crypto users with assets worth more than R$6,000 ($1,200) on all offshore exchanges. Brazilian Crypto Users to Pay 15% Tax The proposed bill has gained approval from the Chamber of Deputies and the Senate’s Economic Affairs Committee. It is on its...

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