May 19, 2024
Crypto

Biden blocks Chinese-backed crypto miner from land ownership

WASHINGTON (AP) — President Joe Biden on Monday issued an order blocking a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base. The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. It also forces the removal of certain equipment

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Finance

Yellen says funding bill allows lending of $21 billion to IMF trust

By Andrea Shalal WASHINGTON, March 23 (Reuters) – A $1.2 trillion government funding bill passed by Congress will allow the U.S. to lend up to $21 billion to an International Monetary Fund (IMF) trust to help the world’s poorest countries, U.S. Treasury Secretary Janet Yellen said on Saturday. Yellen said the funding would make the

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Crypto

Decentralization Vs. Regulation: The Crypto Community’s Crossroads

table in Legal office getty Decentralization is the most fundamental value of the cryptocurrency space, as well as the main obstacle to its adoption. While decentralization empowers individuals and fosters innovation, the lack of clear rules and oversight has attracted bad actors and has fueled concerns about financial stability, money laundering, and consumer protection. Governments

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Crypto

‘Deathly Afraid’—Fed’s Powell And Yellen Could Be About To Accidentally Trigger A Huge Bitcoin And Crypto Price Earthquake

BitcoinBTC and crypto prices have bounced back from their 2022 price crash (with a U.S. dollar “paradigm shift” underway that could rock the financial system). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” ahead of next year’s historical bitcoin halving! The bitcoin price has climbed by

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