The Chinese regime’s penchant to control and surveil all mechanisms, in order to exert and maintain its political will, is facing greater challenges from crypto technology, now supercharged by the U.S. embrace of it.
Tag: crypto
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WHY IS ETHEREUM THE “NEW” OLD CRYPTO WUNDERKIND?
Since early 2023, Bitcoin has obviously led the way in terms of recovery from a particularly bleak “crypto winter” period. But is the recent renewed interest and price appreciation of Ethereum just a regular sign of a bull run “altcoin season”, or is something more happening?
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
The surging popularity of dollar-backed stablecoins could cost the European Central Bank (ECB) its control of monetary policy, according to a study by Jurgen Schaaf, an analyst in the bank’s market infrastructure and payments office.
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SPECIAL REPORT: STABLECOINS ARE TAKING CRYPTO MAINSTREAM
On 17 July, the U.S. House of Representatives passed the first federal legislation governing stablecoins, legitimizing their broad use in finance and commerce. The 308-to-122 vote was broadly bipartisan.
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CRYPTO INNOVATION IS THE PRIZE
Crypto technology represents real innovation compared to current legacy financial—and other institutions and organizational structures.
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SPOTLIGHT: CRYPTO GOES MAINSTREAM
Crypto services company BitGo, stablecoin issuer Circle, and Ripple, a crypto payments business, have applied to be chartered as U.S. banks, the Financial Times reported.
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SPECIAL REPORT: CRYPTO IS BECOMING THE NEW NORMAL
Chinese consumers are using mobile payment systems almost exclusively now, French newspaper Le Monde reported, so much so that cash “has dwindled to near extinction,” it said.
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TRUMP’S SONS TALK AT BITCOIN CONFERENCE, TAKE AIM AT TRADITIONAL BANKS
Eric Trump and Donald Trump Jr., were two of the marquee guests at last week’s bitcoin conference in Las Vegas and spoke about the promise of cryptocurrencies—just as their family has taken a major stake in the industry that has raised ethical concerns.
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PARDONED SILK ROAD FOUNDER TELLS CRYPTO COMMUNITY TO UNITE UNDER FREEDOM
Ross Ulbricht wasn’t focused on financials in his address to the Bitcoin 2025 conference this past week.
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ONE BIG CLUB: WITKOFF’S LITTLE BOY AIMS TO CLEAN UP IN CRYPTO
Zach Witkoff, the 32-year-old son of U.S. President Donald Trump’s special envoy Steve Witkoff, recently announced the purchase of $2 billion in stablecoins from World Liberty Financial, a company that includes Trump’s older sons in its management structure, by Tahnoon bin Zayed al Nahyan, the billionaire sheik who met five months earlier with his father at a cryptocurrency conference in Abu Dhabi, according to a report.