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Texas Senators propose bill to create a state-issued, gold-backed digital currency (CBDC)

A bill to be ENTITLED by the State of Texas is amended by adding Chapter 404A to read as follows: "DIGITAL Gold CURRENCY" "Digital" means the digital gold currency established under t...

In chapter, number, money, Apr 08, 2023 · 63 points

Survey: 84% of Americans don't believe that Bitcoin investments are a threat to the environment

A new Forbes Advisor survey finds that many Americans familiar with crypto do not understand its negative environmental consequences. Bitcoin consumes electricity at an annualized rat...

In Apr 07, 2023 · 72 points

Crypto startups were hit with a one-two punch from bank collapses and increased SEC scrutiny. But one VC believes it’s the ‘best time’ to invest

Despite the turmoil, CoinFund’s David Pakman is bullish on investing right now—but perhaps not in the U.S.

In deals, increased, vc, Apr 07, 2023 · 60 points

Robinhood to Pay $10.2 Million in Penalty for Harming Investors

Robinhood now has to pay up to $10.2 million as settlement charges as ordered by NASAA for critical system failures that harmed the investors.

In main, robinhood, pay, Apr 07, 2023 · 48 points

Do Kwon converted stolen funds from Luna to Bitcoin: S.Korean prosecutors

Terra was a booming crypto ecosystem until its $40 billion collapse in May 2022.

In illicit, terra, assets, Apr 07, 2023 · 44 points

CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky

European Central Bank President Christine Lagarde says she is convinced of the need to move ahead with a digital euro in a conversation with pranksters impersonating Ukraine President...

In cbdc, video, ecb, Apr 07, 2023 · 67 points

'Bitcoin Is A Very Interesting Concept': Swiss National Bank

The Vice President of the Swiss National Bank (SNB) Martin Schlegel has caused a stir in the Bitcoin community. Here’s why.

In statement, swiss, snb, Apr 07, 2023 · 65 points

U.S. Senate Is Pushing to Ban Crypto Wallets

Cryptocurrency has been a controversial topic since its inception, with many people either praising or criticizing the new technology. However, the latest development in the cryptocur...

In ban, technology, world, Apr 07, 2023 · 49 points

US Presidential Candidate Opposes Fed’s CBDC Plans, Says It Will Pave Way for Banning and Seizing Bitcoin

A candidate for the US Presidency is opposing the Federal Reserve’s plan to create a central bank digital currency (CBDC), saying that it could ultimately lead down a path where the g...

In feds, way, bitcoin, Apr 07, 2023 · 36 points

Coinbase-Backed Motion Says Tornado Cash Ban is ‘Unconstitutional’

Coinbase argues policy preventing US citizens from using Tornado Cash is a violation of their Constitutional rights

In institutional, cash, policymakers, Apr 07, 2023 · 37 points