According to a financial disclosure filed on February 4, US senator Ted Cruz bought the last Bitcoin dip.The filing shows that the Texas Republican bought between $15.001 to $50.000 worth of Bitcoin on January 25, and used the brokerage River to make the transaction.Cruz joins the US Senate Bitcoin boostersUntil recently, Wyoming’s Cynthia Lummis and Pennsylvania’s Pat Toomey … [Read more...] about Texas senator Ted Cruz bought the last Bitcoin dip
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A Former US Senator and Ambassador to China on the Need for Stablecoin Regulation
This episode is sponsored by Nexo, Abra and FTX US.Download this episodeThis week’s “Long Reads Sunday” reading is Max Baucus’ “The Urgent Need for Regulatory Clarity on Stablecoins.”See also: Strike App Won’t Support Bitcoin in Argentina“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and … [Read more...] about A Former US Senator and Ambassador to China on the Need for Stablecoin Regulation
Senator Warren calls DeFi the most dangerous space in crypto
Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more attention to stablecoins.DeFi is the most dangerous space in cryptoWhile describing DeFi, the U.S Senator said decentralized finance is the most dangerous niche in crypto.To her, it is a … [Read more...] about Senator Warren calls DeFi the most dangerous space in crypto
Senator Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
“Given the extraordinarily high energy usage and carbon emissions associated with Bitcoin mining, mining operations at Greenidge and other plants raise concerns about their impacts on the global environment, on local ecosystems, and on consumer electricity costs,” she wrote, asking for a detailed response by Dec. 17. Source link … [Read more...] about Senator Warren Targets Bitcoin Miner Greenidge’s Environmental Footprint
US senator submits resolution to allow crypto payments in Capitol Complex
United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions, or ACCEPT, also prohibits the … [Read more...] about US senator submits resolution to allow crypto payments in Capitol Complex