South Dakota governor Kristi Noem has vetoed a bill that aims to exclude digital assets from the legal definition of money – with the exception of central bank digital currencies (CBDCs). In an interv...
Tag: definition
South Dakota’s Governor Vetoed HB 1193 Bill on Money Definition
The Governor of South Dakota vetoed the new proposal of changing the definition of money. The bill considers Central Bank Digital Currencies (CBDC) as money does not recognize any other digital asset ...
South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money
South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state’s Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies and other digital assets fro...
South Dakota governor vetoes bill excluding cryptos from definition of money
South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified ...
South Dakota gov vetoes bill excluding crypto from definition of ‘money’
Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies. In a March 9 notice to South Dakota house s...
New Law Wants to Exclude Bitcoin From Definition Of Money
The state of South Dakota is looking to pass a bill that will redefine the characteristics of money, preventing cryptocurrencies, including Bitcoin, from becoming legal money. Introduced by Mike Steve...
What is opportunity cost? A definition and examples
Opportunity cost, explained Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternati...
South Dakota proposes bill to change definition of money to exclude Bitcoin
The state of South Dakota is making moves seeking to redefine what constitutes money, with a keen interest on classifying cryptocurrencies. The bill titled ‘An Act to amend provisions of the Uniform ...
What is Man United share price plunges 12%, will sale go ahead?? | Definition & Examples
I put together a (very long!) deep dive last September into the controversial ownership of Manchester United, a football club I have hated for as long as I can remember. But partisan divides apart, I...
What is S&P 500 technical analysis ahead of the FOMC Minutes? | Definition & Examples
The FOMC Meeting Minutes follow three weeks after the Federal Reserve of the United States announces the funds rate. It is a detailed report about what the FOMC members have discussed at their last me...
What is 2 reasons why the Bank of England might hike again in March? | Definition & Examples
Yesterday was a good day for British pound investors. The currency gained across the FX dashboard on positive economic data. GBP/USD rose close to two big figures (i.e., 200 pips points), GBP/CHF too,...
What is USD/JPY price forecast ahead of Ueda’s speech? | Definition & Examples
The Japanese yen (JPY) pairs rallied in 2022. In particular, the USD/JPY was in a sustained bullish market that started with a breakout above 116 and ended last October when the exchange rate exceeded...
What is Swarm Markets launches world’s first DeFi-compatible stocks and bonds? | Definition & Examples
Swarm Markets GmbH, a regulated blockchain platform whose trading activities fall under the purview of Germany’s BaFin, has today launched the world’s first tradable, DeFi-compatible stocks and bonds....
Definition, Objective, Advantages, and Future Developments
Advertisement     In the age of cryptocurrencies, trading platforms for these digital assets are making non-stop progress by introducing cross-chain trading, scalable ...
Monetary policy: Definition, types and tools
What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting e...
Ripple CTO Weighs In on Upcoming Ruling in SEC Lawsuit, Says XRP Fits the Definition of a ‘Commodity’
Ripple’s chief technology officer David Schwartz says the company’s XRP token is a “commodity” despite an ongoing legal dispute over its status. Schwartz claims XRP fits into the definition of a commo...
‘Big Short’ Investor Michael Burry Warns of Another Inflation Spike — Expects US to Be ‘in Recession by Any Definition’ – Economics Bitcoin News
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says inflation has peaked in the U.S. but there will be another inflation spike. He expects the U.S. economy to be in...
Additional Taxes on Qualified Plans Definition
What Is Form 5329: Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts? Form 5329, entitled “Additional Taxes on Qualified Retirement Plans (including IRAs) and O...
Merriam Webster’s 2022 Word Of The Year, Here’s Its Definition
Look-ups of the word “gaslighting” on Merriam-Webster’s online dictionary jumped by 1740% this year … [+] compared to the year prior. (Photo: Getty) getty Merriam-Webster wasn’t gasl...
A new definition of crypto comes from the IRS — Law Decoded, Oct. 17–24
No matter how much attention the United States Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission gets in the crypto industry, for individual traders and investors, it of...
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
Goldsmith Romero, who is the lead commissioner for the agency’s technology advisory committee, suggested that a new retail definition could be employed if the agency is weighing rules – for instance –...
Cryptocurrency Marketing Definition and Active Strategies You Can Use For Business Growth
The blockchain market demonstrates rapid growth, which might reach an annual revenue of $20 billion by the end of 2024. With more companies entering the crypto industry, the competition is going to be...
Nokia is ‘the definition of dead money’
Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter. Cleveland-Cliffs: “If we̵...
US Lawmakers Move to Clarify Definition of ‘Brokers’ in 2021 Infrastructure Law
Supported by Senators Pat Toomey (R-Pa.), Mark Warner (D-Va.), Cynthia Lummis (R-Wyo.), Kyrsten Sinema (D-Ariz.) and Rob Portman (R-Ohio), the bill would exclude miners or other node operators and wal...
The U.S. Had 6 Months Of Economic Decline. So What’s The Definition Of A Recession?
TOPSHOT – Traders work on the floor at the opening bell of the Dow Industrial Average at the New … [+] York Stock Exchange on March 18, 2020 in New York. – Wall Street stocks resumed...
White House alters the definition of a recession to avoid one
According to a new blog post released by the White House, an economic recession can no longer be quantified by its traditional definition of “two successive quarters of falling real growth”. What’s th...
Biden Administration Accused of Propaganda and ‘Redefining’ a Recession’s Technical Definition – Economics Bitcoin News
After people have accused bureaucrats and government agencies of changing definitions during the last few years, Joe Biden’s administration now claims that a second consecutive quarter of negative gro...
Fiat Currency: Definition, Examples, Fiat Vs Crypto, Advantages And Disadvantages
What Is Fiat Currency? A Fiat currency is money that is issued by a local government and is used for real-world payments. Fiat money lacks intrinsic value and is not redeemable in gold or silver. Fia...
Is the Stock Market Going Up? It Depends on the Definition of Recession.
Text size Tradersat the New York Stock Exchange. Seth Wenig/AP Not since Bill Clinton testified about the meaning of the word “is” has so much hinged on the meaning of one simple word. The word is “re...
Why Peter Brandt Thinks Cardano Is The Definition Of “Ugly”
Cardano (ADA) has been unable to follow through with its weekend bullish momentum. The cryptocurrency lost last week’s gains and seems poised for further losses as the crypto market trends sideways. R...