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News Bytes – 4

Bitcoin Permabull Max Keiser Hints at Muslim World Petrobitcoin Announcement

Bitcoin Permabull Max Keiser Hints at Muslim World Petrobitcoin AnnouncementMax Keiser, an international journalist and cryptocurrency advisor to the Bukele administration in El Salvador, has hinted at an upcoming announcement for the Muslim world regarding bitcoin. On social media, Keiser, now in Abu Dhabi, recalled the first time he declared that bitcoin complied with Sharia law, stressing it was no “riba,” meaning it doesn’t […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Bolivian Attorneys Spearhead USDT Index Proposal to Energize a Dollar-Starved Economy

Bolivian Attorneys Spearhead USDT Index Proposal to Energize a Dollar-Starved EconomyBolivian attorneys Iver von Borries and Javier Romero Mendizabal proposed introducing Tether’s USDT, the largest stablecoin in the cryptocurrency market, as an index asset for commercial and civil contracts. The submission aims to link USDT’s value in global markets to the national fiat currency, allowing for more flexibility in pricing certain obligations. Bolivia has maintained […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Phantom Wallet Gets a Boost, Adds Support for Sui

Phantom Wallet Gets a Boost, Adds Support for SuiPhantom Wallet, one of the most popular cryptocurrency wallets in the market, has recently announced that it will add support for Sui, an agile blockchain platform offering users fast processing times and low transaction fees. The wallet, which boasts a monthly active user base of over 7 million, will now add Sui to the four […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Brazil Groups Stablecoins With Foreign Currency in New Regulatory Draft

Brazil Groups Stablecoins With Foreign Currency in New Regulatory DraftThe Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Ripple CLO Calls to Isolate Anti Crypto Attorneys From the Digital Asset Ecosystem

Ripple CLO Calls to Isolate Anti Crypto Attorneys From the Digital Asset EcosystemStuart Alderoty, chief legal officer (CLO) of Ripple, has made a petition to the cryptocurrency industry to avoid providing jobs for attorneys involved in anti-crypto initiatives. On social media, Alderoty stated: “As crypto enters its renaissance, please don’t hire any lawyer who was involved in suing any crypto company or project, or those who cheered […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Coinbase CEO Calls D.O.G.E to Address AML Regulation Failure

Coinbase CEO Calls D.O.G.E to Address AML Regulation FailureCoinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these constituted a “police failure.” Linking them to the harm caused to victims of the so-called Operation Chokepoint 2.0, Armstrong stressed these […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Spanish Securities Watchdog Approves First Tokenization License

Spanish Securities Watchdog Approves First Tokenization LicenseThe Spanish securities watchdog, the CNMV, has approved the first tokenization license in the country, opening the doors for tokenizing real-world assets (RWA). Ursus-3 Capital, in partnership with Onyze, is the first consortium that will be able to offer this kind of service to Spanish companies seeking to enter the decentralized ledger world. “We firmly […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Analysts: Gold Transactions Fuel Russian Shadow Trading Payments

Analysts: Gold Transactions Fuel Russian Shadow Trading PaymentsGold would be one of the commodities enabling payments between China and Russia. According to market analysts, the abundant Russian gold stash, representing almost a third of the country’s reserves, could be key in sidestepping the current trade difficulties originated by economic sanctions. “While it’s unclear how much of a role gold plays in Russia’s […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Trump’s Crypto Aide: Crypto to Become the ‘Most Critical’ Voter Block in the US

Trump’s Crypto Aide: Crypto to Become the ‘Most Critical’ Voter Block in the USDavid Bailey, CEO of BTC Inc. and one of the crypto aides of President-Elect Trump’s campaign, has referred to the newfound state of the crypto as a determinant element among single-issue voters. Bailey reported that during this election, the crypto block moved to deliver over 3 million voters, spending over $200 million. Nonetheless, this influence […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves

Still Early: Taylor Swift Remains More Popular Than Bitcoin for Now

Still Early: Taylor Swift Remains More Popular Than Bitcoin for NowJon Erlichman, a BNN Bloomberg commentator, recently conducted an informal survey on the streets, asking several people whether they would prefer a ticket to a Taylor Swift concert or a bitcoin. Most of those polled stated they preferred to receive a ticket to see the singer, who has won 14 Grammy Awards, an Emmy, and […]

3 Crypto Titans—Blackrock, Grayscale, and Fidelity—Dominate 85% of US Bitcoin ETF Reserves