The leader of JPMorgan Chase, Jamie Dimon, voiced strong criticism against bitcoin and other cryptocurrencies during his remarks Wednesday at the U.S. Capitol, suggesting the need for their ban, CNBC reports.
"I have always been strongly opposed to cryptocurrencies, Bitcoin, and so on," said the…
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Kraken founder assures that actions against Binance are positive
In a statement on X, Jesse Powell, co-founder of Kraken, expressed his satisfaction with the results of the investigation into Binance. He highlighted the importance of visionaries and shareholders with a long-term focus in the world of…
Venezuela creates the National Association of Cryptocurrency Exchanges
Venezuela has a new organization to regulate and strengthen the crypto ecosystem. The exchange platforms with operations in the country recently created the National Association of Cryptocurrency Exchange Houses and Related Activities,…
Russia authorizes tracking of cryptocurrency operations
The Russian government has authorized local banks to track transactions that their clients make with cryptocurrencies.
Through a pilot plan, the government seeks to establish a regulatory framework for such operations within the territory,…
Argentina could become Binance’s new market
The cryptocurrency market in Argentina could soon have a new provider, Binance, which is seeking approval to enter the South American country.
In recent statements to local media Télam, the exchange's regional vice president for Latin…
California passes bill to regulate cryptocurrencies
California Governor Gavin Newsom signed a bill to regulate cryptocurrency operations, which will come into effect in 2025.
According to information in a press release on Friday, the legal tool “will force cryptocurrency companies to comply…
IMF warned about the risks of cryptocurrencies in the financial system
The International Monetary Fund (IMF) issued a report aimed at addressing the rapid changes in the cryptocurrency market. In this report, titled "Assessment of the macrofinancial risks of cryptocurrencies", the IMF highlights the…
United States: An inhospitable terrain for cryptocurrencies according to Ripple CEO
In a forceful statement, Brad Garlinghouse, CEO of Ripple, pointed out the United States as one of the least favorable places to establish a cryptocurrency company today. This statement occurred during his participation in the 2049 Token in…
The SEC asked Coinbase not to trade any other cryptocurrency apart from bitcoin
The United States Securities and Exchange Commission (SEC) urged the crypto asset exchange platform Coinbase to cease trading any other cryptocurrency besides bitcoin before proceeding in early June to sue the company for operating as an…
US agriculture committee passes cryptocurrency bill
The US House Committee on Agriculture met to discuss the Financial Innovation and Technology for the 21st Century Act.
The bill, drafted collaboratively by Republican members of the Farm Committee and the Financial Services Commission,…
Ron de Santis would ban CBDCs if he becomes president
Ron DeSantis, candidate for the presidency of the United States, reiterated his criticism of digital currencies issued by central banks (CBDCs), specifically opposing the possibility of implementing a digital dollar in the country.
During…
The EU agrees on the reform of banking regulation
The European Union reached an interim agreement on banking regulatory reform to increase the resilience of banks operating in the Union and strengthen their supervision and risk management by finalizing the implementation of globally agreed…