Regulators in the United States believe stable coins will be the first digital assets to come under scrutiny. Stable Coins Are the Object of Regulators’ Suspicions Stable coins are digital currencies that are not as volatile as standard forms of crypto like bitcoin or Ethereum. They are tied to fiat currencies like USD, the yen, and the euro, and thus experience far fewer price swings. This has made them “staples” of any crypto portfolio looking to ease selling pressure...
Read More »Elizabeth Warren Drafts New Crypto Sanctions Bill
Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against Russia and cut off business stemming from that neck of the woods. To make sure this happens, she is now drafting a bill that she believes will make it much more difficult for countries or individuals to use crypto in the future to evade sanctions. Elizabeth Warren Is Clearly...
Read More »Opinion: Biden Has Been Bad for Crypto… And Everything Else
Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...
Read More »Jesse Powell: Regulators May Come For Your Assets
Is it possible that bitcoin and cryptocurrencies get so big with time that governments around the world feel threatened? Is it possible that they become so scared that they ultimately decide to come after our assets and stop all trading activities everywhere? According to Jesse Powell, the CEO of popular cryptocurrency exchange Kraken, they could certainly try. Jesse Powell Is Warning Crypto Investors Several financial regulators over the past few months – including U.S....
Read More »Lloyd Blankfein: Regulators Are Likely to Try and Step in When It Comes to BTC
Bitcoin has taken a bit of a dip in recent days. While the currency is stronger than where it was 24 hours ago, the asset is still short of its recent $40,000+ all-time high. However, there’s no denying that the world’s number one digital currency by market cap has surged like there’s no tomorrow, and according to Lloyd Blankfein – a former Goldman Sachs chief executive – the government could really try and get in the way of bitcoin’s growth should it continue to surge like this.Lloyd...
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