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US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar

A group of U.S. lawmakers announced Monday that they introduced a law bill that calls for developing an electronic version of the U.S. dollar that has the same privacy expectations and legal status as fiat currency. Supported by serval lawmakers, including Stephen Lynch (D-Mass.), Jesús Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass.) and Rashida Tlaib (D-Mich.), the […]

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The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday

The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday

Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8. Ross Ulbricht Is

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Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen

Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen

The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others. While it’s still early innings for crypto, management teams at leading fintech companies regard stablecoins and possibly central bank digital currencies (CBDCs) as more “elegant” than bitcoin (BTC) with respect to payments, according to a research report from financial services firm

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GREENPEACE, RIPPLE LOBBY TO MOVE BITCOIN AWAY FROM PROOF-OF-WORK

GREENPEACE, RIPPLE LOBBY TO MOVE BITCOIN AWAY FROM PROOF-OF-WORK

Climate activists and crypto billionaire Chris Larsen want to convince Bitcoin companies, miners and developers into changing Bitcoin’s consensus mechanism. Several climate activist groups including Greenpeace and billionaire Ripple co-founder Chris Larsen are launching a campaign to advocate for Bitcoin moving away from Proof-of-Work, a consensus mechanism they argue consumes an unsustainable amount of energy, Bloomberg reported

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Cryptocurrency regulation: where are we now, and where are we going?

Cryptocurrency regulation: where are we now, and where are we going?

Early in March, President Biden signed off on the long-awaited Executive Order on Ensuring Responsible Development of Digital Assets, a high-profile acknowledgement of the potential of the cryptocurrency industry. That Executive Order commits the White House to taking part in research on cryptocurrencies and to engaging departments across the government to collaborate in the creation of

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Poland’s economy is standing strong for now, but the Ukraine war casts a ‘dark cloud’

Poland’s economy is standing strong for now, but the Ukraine war casts a ‘dark cloud’

KEY POINTS Poland’s economic performance in February was robust, but there are concerns looking ahead. The Ukraine war is expected to hit exports, create supply-chain disruptions and push inflation higher in the country. Poland is Europe’s sixth-largest economy by GDP and a major producer of machinery, vehicles and electronics, as well as a host of

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Krafton Partners with Solana Labs to Develop blockchain-based Games

Krafton Partners with Solana Labs to Develop blockchain-based Games

Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world. Krafton, stylized as KRAFTON which was formerly known as Bluehole, is a South Korean company that develops and distributes video games based in Bundang-gu, Seongnam. The South Korean gaming giant hopes to boost its position

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Cardano founder talks about Web3 and the comfort of Bitcoin at Binance Blockchain Week

Cardano founder talks about Web3 and the comfort of Bitcoin at Binance Blockchain Week

“When you move past the comfort of Bitcoin, you start entertaining many other ideas,” said Cardano founder Charles Hoskinson in his keynote speech. Cardano founder Charles Hoskinson gave a keynote speech on the first day of this year’s Binance Blockchain Week, held at the Dubai World Trade Centre in the United Arab Emirates. Addressing the

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Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year

Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year

Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country to do so, recognizing there is a boom in the cryptocurrency market. These actions form part of a plan that

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