Warren Davidson believes that CBDCs and violating data privacy rights pave the way for a dark future for the U.S. Call To Ban CBDCs In the ongoing global discussions surrounding digital currencies, US Congressman Warren Davidson’s perspective on Central Bank Digital Currencies (CBDCs) stands out. While it is just one viewpoint among many within the […]

Florida Governor Ron DeSantis has pledged to ban CBDCs if elected, sparking debates about the future of money and the role of governments in financial systems. Governor DeSantis Opposes CBDC During the Family Leadership Summit 2023 on July 14, Governor Ron DeSantis stated that he would ban CBDCs “on day one” if elected in 2024. […]

Nigeria declared that Binance operates illegally in the country. Ordered to Halt Operations Immediately Nigeria’s securities regulator has ordered Binance, the world’s largest cryptocurrency exchange, to halt its operations in the country. The regulator states that Binance is not registered or regulated in Nigeria, which makes its activities illegal. Challenges for Binance Binance has faced […]

The digital financial world is witnessing a major shift as Pakistan, a country where digital assets have seen substantial investments, is leaning towards imposing a sweeping ban on all online cryptocurrency services. The government of Islamabad, which has taken a stern stand against the legalization of digital currencies like Bitcoin, appears set on taking an […]

US Senator Elizabeth Warren, known for her tough stance on Wall Street, has launched an anti-crypto re-election campaign. Warren has been a vocal critic of cryptocurrencies and their potential for illicit activities like money laundering and terrorism financing. In her latest campaign, she is targeting the crypto industry and calling for increased regulation and oversight. […]

The European Union (EU) lawmakers have voted in favor of a new regulation on cryptocurrency transactions, which will ban anonymous transfers above €1,000. However, according to a lead lawmaker, the new law will not prevent crypto payments. The regulation, which passed with 446 votes in favor, 79 against, and 17 abstentions, is aimed at reducing […]

The U.S. Securities and Exchange Commission (SEC) has issued an investor alert urging caution around crypto investments. The alert warns investors about the potential risks associated with investing in cryptocurrency and encourages them to thoroughly research any investment opportunity before committing funds. JUST IN: 🇺🇸 SEC issues investor alert urging caution around #crypto, citing assets […]

Senator Ted Cruz of Texas has introduced a bill that seeks to prevent the Federal Reserve from creating its own digital currency. The legislation, known as the “Holding the Federal Reserve Accountable for Digital Dollar Act,” would prohibit the Federal Reserve from issuing or creating a digital version of the U.S. dollar. Why Senator Cruz […]

Discussing The Need For A Global Regulation Of Cryptocurrencies The IMF published a press release about the ongoing discussion in the organization about the current state of the cryptocurrencies. All members are engaged in the discussion and they recently released a board paper titled Elements of Effective Policies for Crypto Assets. This paper discusses the […]

The Pro-Bitcoin Investor Robert Kiyosaki became famous for his best-seller book “Rich Dad Poor Dad”, but lately he is also known for his devotion to Bitcoin. He started out as a traditional investor and has been successful in the field. When he learned about cryptocurrencies and Bitcoin in particular, Kiyosaki became a strong supporter of […]

China has been on the forefront of banning Bitcoin, Altcoins and ICOs several times during the past few years. The first ban came around 2013 when the Chinese government banned its banks from handling Bitcoin transactions, but we still see restricting regulation attempts to this day even though blockchain as a concept and cryptocurrencies are […]

Vietnam has been very anti-crypto lately, which doesn’t look good for those dealing with these new assets in the country. One of the biggest nearby country, Thailand, has been going through a similar process before  when banning all banks from offering service to crypto related businesses back in February, only to come out with a […]