On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money. Florida Puts the Brakes on CBDCs The …
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. “We are calling on all of the parties to come together, reach consensus, and resolve the matter as quickly as …
IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations Leggi altro »
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million. The address, established on June 19, 2011, has contributed to the year’s total of 1,125.37 bitcoin moved from dormant 2010 and 2011 wallets. 139.7 Bitcoin Worth $3.7 Million Suddenly Moves From Idle Wallet A vintage …
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail Request for Do Kwon, Puts Him Under …
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro Leggi altro »
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be at the helm of the social media giant in less than two months’ time. …
Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’ Leggi altro »
U.S. Congressman Brad Sherman has sent a letter to Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), regarding the situation of Grayscale Bitcoin Trust (GBTC). According to Sherman, as many as 850,000 retail investors, including some who used individual retirement account funds, are currently trapped in their GBTC investments due to the …
A group of United States senators have introduced a bill requiring reports on the adoption of bitcoin as legal tender in El Salvador. The “Accountability for Cryptocurrency in El Salvador Act,” introduced by Senator James Risch, Senator Bob Menendez, and Senator Bill Cassidy, requires the Secretary of State, in coordination with other relevant Federal departments …
U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption Leggi altro »
This is an opinion editorial by Hector Alvero, a Bitcoin educator who serves as co-host of the Broward County Bitcoiners meetup. Source As Bitcoiners, we love the exhilarating feeling of bringing a new person into the Bitcoin lifeboat. Many of us constantly work to orange pill our friends, our coworkers and our neighbors, trying to …
This Mother’s Day, Try Explaining Bitcoin To Your Mom Leggi altro »
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