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Also Read: Shiba Inu News: Whale Moves 4.6 Trillion SHIB Tokens As Shibarium Restarts advertisement A Proponent of Civil Liberty and Bitcoin Kennedy’s support for Bitcoin is rooted in his longstanding advocacy for civil liberties. The presidential candidate firmly believes that Bitcoin can serve as a guarantee of such freedoms. RFK said; “I am a long life defender of civil liberty; Bitcoin is both an exercise and a guarantee of those freedoms.” Further cementing his pro-crypto stance, Kennedy had previously promised to exempt the cryptocurrency from capital gains taxes should he be elected. During the Miami-based Bitcoin Conference held from May 18 to 20 this year, the Democratic candidate spoke favorably about Bitcoin and its potential. After the conference, he further demonstrated his commitment to cryptocurrency by purchasing two Bitcoin s for his seven children. Recommended Articles ...

Stablecoins, such as USDC, could face a complex situation if a new national defense bill approved by the US Senate becomes law. The 2024 National Defense Authorization Act could introduce new KYC and anti-money laundering requirements that stablecoin issuers won’t be able to comply with. Berenberg analyst Mark Palmer explained that the amendment would require the U.S. Treasury Secretary to “establish examination standards for crypto assets” to help regulators ensure compliance with money laundering and sanctions laws. Palmer added that the identities of the stablecoin holders can be known only when the stablecoins are issued and redeemed. He said the new KYC law could directly impact the value and market cap of stablecoins like USDC. You might also like: USDT market cap rises, USDC declines The act’s impact on Coinbase Palmer explained that the 2024 National Defense Authorization Act could impact Coinbase negatively. He said the exchange “derived...

Also Read: Court Rules in Favor of IRS in Coinbase Documents Seizure Case advertisement Binance Says No To Privacy Coins In France The new restrictions on privacy coins adds to the growing concerns of the Crypto Market in terms of regulatory scrutiny. In the form of the U.S. Securities and Exchange Commission (SEC), the crypto industry participants are facing the biggest stumbling block in the most important financial market, the United States . The email from Binance said, “From June 26, 2023, users residing in France will no longer be able to buy or sell the following Enhanced Anonymity (“EAC”) crypto-assets on our platform: Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In ...

Ted Cruz Ultra Bullish On Bitcoin The Texas Republican commented that the comparison between Bitcoin and digital gold was compelling, and he was adamant in his belief that Bitcoin is “the alpha in the crypto sphere.” Moreover, he mentioned that he has a standing order to buy more Bitcoin next Monday morning and is willing to tolerate the volatility that comes with a long-term investment in risk-assets like cryptocurrencies. advertisement Read More: First Republic Bank Crisis Deepens As US Govt. Refuses Intervention Furthermore, he remains confident of the 21-million Bitcoin cap that was hard-coded into the digital currency during its creation. Addressing the panel, Cruz noted that he sees this number as a hedge against inflation, especially when U.S. politicians have been printing money at an alarming rate, coupled with Federal Reserve’s incessant rate hikes. The 52-year-old Republican was quoted as saying: Trending...

Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community. Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community, leading many to come back to crypto roots, reviving the Bitcoin white paper published just weeks after the Lehman Brothers meltdown in 2008.  It's truly amazing how many people are scared that a couple Banks went down. Someone tell these people WHY BITCOIN WAS CREATED. — Toby Cunningham (@sircryptotips) March 11, 2023 "There’s an entire generation of builders who only read about Lehman and the financial crisis and scoffed at Bitcoin. Now, their eyes are wide open. Welcome new friends," stated on Twitter Ryan Selkis, founder and CEO of Messari.  in shock that is all the SPEED at which all of this is happening is unbelievable — Meltem Demirors (@Melt_Dem) March 10, 2023 Approximately six weeks after the dramatic collapse of the...