Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move th...
Tag: Citizens
Central Bank of Bolivia Selling Dollars Directly to Citizens as Devaluation Fears Rise – Economics Bitcoin News
The Central Bank of Bolivia is now selling dollars directly to citizens in order to curb what it is calling a speculative attack that has increased the demand of the population for foreign currency. T...
CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman
United States Congressman Tom Emmer believes the launch of programmable central bank digital currency (CBDC) in the country could strip American citizens of their financial privacy. Speaking at the Ca...
Bitcoin Bounces at $20,000 As Biden Administration Fights 50 Million American Citizens Who Own Cryptocurrency
Bitcoin just bounced off a historic line of support at $20,000 as the Biden Administration launches an all-out assault on cryptocurrency and the 50 million registered American voters who own digital a...
Hong Kong citizens reject the digital yuan – Here is why – Cryptopolitan
The Chinese government’s project of central bank digital currency (CBDC), the “digital yuan,” has been met with low demand and disinterest from Hong Kong citizens. Low demand for digital yuan hard wal...
Citizens Trust Bank Holds $65 Million in USD Coin reserves
Citizens Trust Bank, a financial institution that is regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coi...
US citizens still own crypto despite bear market, survey shows
The vast majority of Americans want to see the financial system modernized. They believe that cryptos could be a potent part of the answer, according to a February 2023 nationwide survey of 2000+ gene...
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
Citizens Trust Bank, a financial institution regulated by the Federal Deposit Insurance Corporation (FDIC), has partnered with Circle Internet Financial to hold some of its reserves in USD Coin (USDC)...
Citizens Trust Bank To Hold $65 Million in USDC Reserves
2 hours ago | 2 mins read Altcoin News On April 1, 2022, Circle announced that BNY Mellon would be holding USDC reserves. Circle’s USDC stablecoin is the second biggest U.S. dollar-pegged cryptocurren...
SBF to hire tech expert to consult on trial after breaching bail conditions – private citizens urge arrest
Sam Bankman-Fried’s lawyers said Feb. 21 that the defense has acquiesced to the court’s request to hire an independent technical expert to consult on bail conditions and is currently looki...
Private Citizens Urge Judge To Jail Bankman-Fried Before Fraud Trial
Topline In a handwritten note filed in court Tuesday, a retired Connecticut police officer chided the judge overseeing criminal proceedings against Sam Bankman-Fried for allowing the one-time billiona...
Bank of Brazil Now Allows Citizens to Pay Tax in…
Brazil’s oldest bank, Banco do Brazil, or Bank of Brazil will now allow citizens to pay their tax bills using cryptocurrencies. The Bank is making this initiative possible in collaboration with Brazil...
Bank of Brazil Now Allows Citizens To Pay Taxes With Crypto
Bank of Brazil, a.k.a Banco do Brasil, has announced that citizens can now pay their taxes with cryptocurrency. According to a post on their official website, Brazil’s oldest bank stated that this fin...
Argentine Crypto Bill Encourages Citizens to Disclose Holdings
The government of Argentina has proposed a new bill that encourages its citizens to disclose their cryptocurrency holdings with the promise of discounted tax rates. Argentines may soon be motivated to...
15% of US citizens made crypto transactions as of mid-2022
JP Morgan’s recent report revealed that almost 15% of individuals in the U.S. have issued transfers into crypto accounts, according to numbers from mid-2022. The detailed demographic data also indicat...
Netherland citizens protests against Euro CBDC – crypto.news
Earlier, Thursday 24th of November, Dutch Citizens took to the streets to protest against the launch of Euro CBDC in the country. The protesters were seen with different placards and posters stating t...
Coinbase Makes Cardano (ADA) Available For Japan Citizens
– Advertisement – Coinbase Japan adds ADA support. ADA Is Now Listed For Trading On Coinbase Japan. Coinbase Japan has listed Cardano’s native token ADA for trading per a tweet from the cr...
Two Estonian Citizens Charged With Running a Series of Crypto Scams Totaling $575M
Their first company, HashCoins, which launched in December 2013, purported to be a manufacturer of crypto mining equipment, and took orders (and payment in full) from customers who wanted to purchase ...
Total Economy crashes in Lebanon: Citizens adopt Bitcoin and Tether as option
Lebanon is facing its worst economic crisis. The local currency plunged by 90%. Citizens are looking at Bitcoin and Tether as alternatives. What is going on in Lebanon? Lebanon was once among the de...
Lebanese Citizens Rob Bank Accounts and Mine Bitcoin to Survive
Desperate Lebanese citizens turn to cryptocurrency as a lifeline following years of fiscal mismanagement in the region once known as the ‘Paris of the Middle East.’ As triple-digit inflation continues...
Binance Aids Transfers Worth $7.8 Billion Since 2018 From Iranian Citizens Despite U.S. Regulations – crypto.news
Blockchain data reveals that cryptocurrency firm Binance has handled $8 billion in Iranian transactions since 2018. This move is despite U.S. sanctions aimed at isolating Iran from the global financia...
Two U.S. Citizens Killed In Seoul Halloween Crowd Surge, Embassy Says
Topline At least two American citizens were among the 153 people killed Saturday in a deadly crowd surge at a Halloween event in South Korea, the U.S. Embassy in Seoul said Sunday, as Korean authoriti...
Recent Poll Shows Citizens of El Salvador Still Not Sold on Bitcoin – Emerging Markets Bitcoin News
A recent poll completed by the Public Opinion University Institute, part of the Simeon Canas Centroamerican University, has found that El Salvador is still not attracted by the idea of bitcoin as lega...
Almost 80% of El Salvador’s citizens believe the country’s Bitcoin strategy has failed
Just a little over one year after El Salvador became the first country in the world to adopt Bitcoin (BTC) as a legal tender, the policy appears to be unpopular among most residents. In particular, r...
South Korea to provide blockchain-based Digital IDs to its citizens
South Korea is planning to introduce blockchain-based digital IDs for its citizens with a smartphone by 2024, according to Bloomberg. These digital IDs will be installed on smartphones and work as eff...
South Korea to Provide Blockchain-based Digital Identities to Citizens by 2024
South Korea plans to provide digital identities encrypted by blockchain with smartphones to citizens in 2024 to facilitate its economic development., Bloomberg reported Monday. The South Korean govern...
Rio de Janeiro citizens will be able to pay property taxes with crypto
Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry is getting rapidly adopted throughout South America, with multiple nations exploring different ways to adopt ...
13% of Canada Citizens Hold Bitcoin (BTC) as per Report
7 hours ago | 2 mins read Bitcoin News 13% of Canadians have Bitcoin, up significantly from 5% in 2018-2020. Additional research on Bitcoin has been conducted by the Bank of Canada since 2016. Key fig...
Namibia Now Allows Citizens to Use Bitcoin
While Bitcoin and other cryptocurrencies still do not enjoy the status of legal cash in Namibia, the Bank of Namibia (BON) has announced that it has now included “virtual assets (VA) and virtual asset...