Ex-New York Governor Consulted OKX Amid $505M Federal Investigation: Report

Former New York Governor Advised OKX Over $500 Million Federal Probe, Bloomberg Reports According to a recent report by Bloomberg, it has been revealed that a former New York governor provided advice to OKX, a cryptocurrency exchange, during a federal probe concerning over $500 million. The ex-governor, who remains unnamed in the report, reportedly offered [...]

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Wyoming Governor Mark Gordon Urges State to Launch Stablecoin by July

Wyoming Governor Reveals Collaboration with State-Backed Stablecoin Wyoming’s Governor recently announced a groundbreaking partnership with a state-backed stablecoin. This move signals a significant step towards the integration of cryptocurrencies into traditional financial systems. The collaboration aims to explore the potential of utilizing stablecoins for various government-related transactions. By embracing this innovative technology, Wyoming is setting [...]

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Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

This week, the Statistics Bureau of Japan unveiled the latest core consumer price index (CPI) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the end of the quarter. It’s worth noting that Japan’s inflation has been steadily rising [...]

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Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’

Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their capabilities to travel and their reach on social media [...]

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Governor Ron DeSantis slams Biden Administration’s CBDCs plan

While the 2024 election campaigns are underway, Governor DeSantis issues remarks that echo those of Robert F. Kennedy Jr, a Democratic presidential candidate, who (last week) supported Bitcoin as censure and an example of democracy to authoritarians. Florida’s Governor Ron DeSantis heavily criticized the Biden Administration’s Central Bank Digital Currencies (CBDCs) plan (on Wednesday). That …

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Florida Governor Ron DeSantis Joins US Presidential Race, Promises to Protect Bitcoin

During a virtual discussion with Twitter’s proprietor Elon Musk on Wednesday, governor Ron DeSantis of Florida declared that he is throwing his hat into the ring for the presidency of the United States in 2024. DeSantis will confront the reigning president Joe Biden in addition to the existing presidential candidates: Donald Trump, Robert F. Kennedy [...]

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South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State's Definition of Money

Governor Kristi Noem of South Dakota has vetoed House Bill 1193, which sought to exclude cryptocurrencies from the state's definition of money. The governor believes that the bill would put South Dakota at a disadvantage and potentially lead to future overreach from the federal government in issuing a digital dollar. (Read More)

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Australian CBDC receives unexpected interest but could hurt banks: RBA

The pilot "eAUD" program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

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Fed Governor Christopher Waller Says US CBDC Not Necessary for Dollar’s Supremacy

Waller said the Fed has not made decisions concerning CBDCs. He stated that his remarks are aimed at giving a free and open dialogue on the utility of such digital currencies. (Read More)

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NYC Mayor Eric Adams speaks out against PoW mining ban legislation

The Mayor has been a proponent of the crypto industry and has now pledged support for sustainable Bitcoin miners by asking Governor Hochul to veto a two-year moratorium on mining.

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Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’ – Regulation Bitcoin News

The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people committing ransom attacks usually demand payment in?’ The answer is crypto.” Bank of England’s Governor Warns About Cryptocurrency Bank of […]

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Washington state passes bill aiming to expand local blockchain adoption

The northwest pacific state’s governor has finally passed a bill into law to form a working group to explore the opportunities for industry and commerce to benefit from blockchain.

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DeSantis: Florida May Soon Accept Crypto for State Business Taxes

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NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry – Regulation Bitcoin News

The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to the digital asset industry because clear rules of the road foster technology and innovation,” said the governor. NH Executive Order […]

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Will make bitcoin a legal tender in Texas if elected: Texas governor candidate Don Huffines

Don Huffines, Texas governor candidate, recently announced that he would make bitcoin a legal tender if he gets elected. He recently tweeted: “I have owned Bitcoin for years and am a firm believer in both its value as an asset and potential as a currency. As a leader in innovation, Texas must lead the nation […]

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Breaking: Leading Gubernatorial Candidate Plans To Make Texas A World Leader In Crypto

Leading Texas Gubernatorial candidate, Allen West, announced that, under his leadership, his state will lead the world in leveraging Bitcoin and blockchain technology.  Covered: Allen West Wants Texas To Lead The Blockchain Revolution The Candidate’s Thoughts On DeFi And NFTs Allen West Wants To Lead The Blockchain Revolution With the Texas primaries coming up, top […]

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Bank of Russia to allow crypto investment via foreign firms: Report

Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure.

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By December, India Could Start Digital Rupee Trials, Says The Governor Of The Central Bank

Central Bank Governor Shaktikanta Das told CNBC that the Reserve Bank of India may launch its first digital currency trial programs by December. According to Das, the RBI is researching various aspects of digital currency, such as its security, impact on India’s financial sector, and how it would affect monetary policy and currency in circulation.…

BuyUcoin Blog | By Anubha Singh

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Fed Governor Waller Endorses Regulated Stablecoins to Strengthen US Dollars International Influence

Federal Reserve Governor Christopher Waller has expressed his approval of stablecoins, emphasizing their potential to improve the efficiency of payment systems. Waller highlighted the benefits of stablecoins, noting their ability to facilitate faster and cheaper transactions compared to traditional banking methods. In a speech delivered at a virtual event hosted by the American Enterprise Institute, [...]

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Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says

International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with the issue. Regulation in Single Jurisdiction Insufficient

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