The US presidential administration sees cryptocurrencies as a tool to circumvent sanctions. The United States imposed so far more than 9,000 sanctions against legal entities and individuals from countries such as Iran, Russia and North Korea.
International brokerage firm Interactive Brokers announced the launch of cryptocurrency trading for registered investment advisors in the United States. They will be able to offer their clients investments in BTC, ETH, BCH, and LTC.
Bloomberg, citing sources, announced the readiness of the US Securities and Exchange Commission to approve the first Bitcoin ETF next week. Although the rumor turned out to be false, Bitcoin surpassed $60,000.
The governor of the Irkutsk region in Russia complained to the government about illegal miners. Because of them, power outages may begin in the region.
The United States reaches leadership in the bitcoin mining market after China imposed ban on the mining of cryptocurrencies. The US now accounts for 35.4% of the hashrate of the bitcoin network.
The total value of assets blocked in DeFi protocols exceeded $200 billion. Since the beginning of 2021, the indicator grew by 855%.
Edward Snowden calls the central bank digital currencies “the newest danger cresting the public horizon,” whose goal is to deprive users of the right to control their money.
Institutional investors see bitcoin as the best inflation hedge and prefer it over gold, JPMorgan said in a research note.
A special law enforcement unit will appear in the US Department of Justice. Its employees will be engaged in overseeing operations with cryptocurrencies.
The head of the Duma committee on the financial market stated the need to limit investments of unqualified investors in crypto assets in order to protect their interests.
Analysts at one of the largest American banks, Bank of America, urge not to ignore the ecosystem of digital assets, as it has already become too prominent in the sky of financial instruments.
Aureo Ribeiro, a member of the Brazilian Chamber of Deputies, prepared a bill that recognizes bitcoin as a legal tender, and also toughens the fight against cryptocurrency Ponzi schemes.
The international payment network Visa announced it would create a platform for the compatibility of various blockchains. It will allow to perform cross-border transactions and convert central-bank digital currencies and stablecoins.
US Federal Reserve Chairman Jerome Powell said the US has no plans to ban bitcoins and cryptocurrencies.