Cryptocurrency
Wyoming commission floats whether stablecoin is ‘covered’ by SEC rules
The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the Securities and Exchange Commission (SEC).In an April...
Cryptocurrency
Kyrgyzstan President Brings CBDC a Step Closer to Reality
Kyrgyzstan President Sadyr Japarov took his country a step closer to issuing its own central bank digital currency Thursday, signing legislation that gives the "digital som" legal status.The central Asian country is still deciding whether or not to issue...
Cryptocurrency
Cash-based crypto can enable financial inclusion for billions
Opinion by: Alexander Guseff, founder and CEO of TectumCrypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world. Here’s the reality: 1.4 billion people remain unbanked, and crypto adoption has...
Cryptocurrency
‘Powell’s Termination Cannot Come Fast Enough’: Trump Turns Up Heat on Fed Chair – Economics Bitcoin News
U.S. President Donald Trump takes issue with Federal Reserve Chair Jerome Powell, asserting the central bank leader is “always too late and wrong.” Trump insists Powell should cut the federal funds rate immediately, declaring that his “termination cannot come...
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Police investigate explosion in Palm Springs, California
Officials in Palm Springs, California are investigating an explosion on Saturday morning that killed one person and damaged a...