NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts

New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like

Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears

Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. Podjetje, which will also open payment and digital account services, plans to attract users to crypto through cashback programs

Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He also explained why he invests in crypto. Recent

Economist Peter Schiff Warns the US Dollar Will Crash — Says ‘We’re Going to Default’

Economist Peter Schiff has warned that the U.S. dollar will crash. Noting that the U.S. je “in a much bigger fiscal mess than Great Britain,” with a much bigger debt problem, Schiff stressed: “Can we possibly repay this debt? Of course

Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dolar, je pisalo poročilo. ena…

US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans

Več ameriških. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon,…

Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge

Miners in Vietnam have expressed grievances over the loss of business following Ethereums transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, poročajo lokalni mediji, quoting entrepreneurs and mining enthusiasts. Kriptovaluta…

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this years surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’…

Milijarder Mark Cuban tožen zaradi domnevnega promoviranja ogromne kripto "Ponzijeve sheme"

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digitals crypto products. The plaintiffs claim that Voyager wasa massive Ponzi schemeand Cubanduped millions of

230 Ekonomisti opozarjajo, da bo zakon o znižanju inflacije, ki ga je predlagala ameriška vlada, spodbudil inflacijo

Prejšnji teden, Democrats unveiled climate and health care legislation called theInflation Reduction Act,” and theres a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the