The Securities and Exchange Commission (SEC) has brought former Senate staffer Corey Frayer on board to serve as a new advisor regarding crypto and digital currency-related issues. The SEC Is Pushing Its Crypto Agenda Forward The SEC has long been a thorn in the side of the crypto space. Despite all the bitcoin-based exchange-traded fund (ETF) applications that have made their way across SEC desks during the past four or five years, the agency has long thought the space...
Read More »Bankman-Fried: Regulation Will Get Institutions Involved in Crypto
Sam Bankman-Fried – the man in charge of popular and fast-growing cryptocurrency exchange FTX – says there is likely to be more institutional adoption of cryptocurrency in the year 2022 granted regulation becomes a solid thing. Sam Bankman-Fried On What Will Attract Institutions Regulation has been a controversial topic in the crypto space for many years. For some, the idea of bringing regulation into the mix goes against everything crypto stands for. After all, it was...
Read More »Matt Damon Crypto.com Ad Gets Criticized On Social Media
What could have easily been an innocent gimmick is getting mocked mercilessly on Twitter and other social media platforms. Not long ago, Live Bitcoin News put out an article discussing a new crypto commercial starring Oscar-winner Matt Damon, who won an Academy Award for penning the screenplay to “Good Will Hunting” in 1997. Matt Damon Is Getting Some Flak It appears the commercial has not sat well with many viewers, with some sources calling it an “embarrassing cash...
Read More »MoneyGram Is Now Part Owner of Crypto Exchange Coinme
MoneyGram International, Inc. has announced it’s purchased a minority stake in U.S. crypto exchange Coinme. At the time of writing, it is believed MoneyGram owns as much as four percent of the company. MoneyGram Has Bought a Stake in Coinme The move closes out a recent Series A funding round held by Coinme, which is quickly becoming one of the largest and fastest growing crypto trading platforms in the world. MoneyGram chairman and CEO Alex Holmes said in a statement: At...
Read More »Melania Trump Unveils New NFT Crypto Project
It appears First Lady Melania Trump likes bitcoin. She was just one of several people over the past day or so to congratulate the world’s number one digital currency on its 13-year anniversary. Melania Trump Is the Newest “Face” of Crypto Melania put out the following tweet: It is widely reported that bitcoin’s market cap exceeds USD $1 trillion. Today marks the 13th anniversary of the bitcoin genesis block. Happy anniversary, #SatoshiNakamoto, #MelaniaNFT. The First...
Read More »Kosovo Says “No” to Crypto Mining, Follows in China’s Footsteps
The European nation of Kosovo has banned all bitcoin and crypto mining as a means of saving electricity. The country is currently facing one of the worst energy crises it’s ever experienced, and it’s allegedly due to production outages. Kosovo Becomes the Next Country to Ban BTC Mining Artane Rizvanolli – the economy and energy minister – explained in a statement: All law enforcement agencies will stop the production of this activity in cooperation with other relevant...
Read More »Matt Hougan: The Government Won’t Harm Bitcoin
Matt Hougan – the CIO of Bitwise Asset Management – has stated in an interview that the U.S. government is likely seeing bitcoin as a threat to the dollar, which may be why they’re so eager to regulate it and get in the way of its potential success. Matt Hougan On BTC: It’s Not Going Anywhere However, Hougan was quick to say that the U.S. has no choice but to “play along” when it comes to bitcoin, and that the currency’s size and scope really gives them no choice. The...
Read More »Cantaloupe Survey: Many People Want to Use BTC for Purchases
Per a new survey conducted by Cantaloupe, more than a third of users between the ages of 18 and 54 own cryptocurrency. However, this isn’t the big clincher. The good news is that approximately 67 percent of those taking part in the study said that they are willing and able to use their digital currency for purchases if their money is linked to a mobile wallet. Another 19 percent said they would consider using crypto for payments if they could do so through a mobile...
Read More »Thomas Peterffy Has Become a BTC Fan in Just 5 Years
Thomas Peterffy was once a bitcoin skeptic. Now, he has changed his mind, suggesting the cryptocurrency has come much farther than he – and several others – ever could have imagined. Thomas Peterffy Seems to Like BTC Bitcoin began its financial journey about 13 or 14 years ago. The asset was first brought to our attention through a 2008 whitepaper and the currency was first mined in early 2009. Since then, while it had something of a slow start, the currency has risen in...
Read More »Abu Dhabi Wants to Be the World’s Biggest BTC Haven
Abu Dhabi – the capital of the United Arab Emirates (UAE) – has stated that it is looking to become one of the biggest crypto hubs in the world. The region is looking to reduce its reliance on standard gas and oil while boosting its investments in the crypto space. Abu Dhabi and Crypto… A Solid Match? The UAE was one of the first nations to establish regulation for the growing crypto space, having done so in 2018. Since then, many new digital currency trading platforms...
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