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@anhsang

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@anhsang
Another Bill Targets CBDCs A second bill, House Bill 4511, sponsored by Rep. Bryan Posthumus (R-MI), targets federal efforts to roll out a central bank digital currency (CBDC). It proposes a ban on any state agency or department from supporting, testing, or promoting a U.S. CBDC. The legislation also seeks to shield digital asset holders from additional state-level restrictions or taxes
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@anhsang
“Bitcoin Reserve,” Mizrachi wrote on X on May 16, shortly after sitting down with Max Keiser and Stacy Herbert, key figures behind El Salvador’s Bitcoin policies. Though no formal details were released, the timing of the post comes just ahead of Mizrachi’s scheduled appearance at the Bitcoin 2025 conference in Las Vegas.
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@anhsang
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Fold notes that the bell ringing is a milestone on the company’s road to integrating BTC into the mainstream and everyday financial activity. They will do so through tangible utility and consumer-first products, the team claims.
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@anhsang
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Mining Crypto: VAT Charges Incoming in Russia Per the Russian media outlet RBC, the plans are the brainchild of the Ministry of Finance. The ministry said it wants to clarify the procedures for taxing the lease of crypto mining equipment.
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According to a local report, the Ontario Securities Commission (OSC), the country’s top securities watchdog, has raised concerns about a “massive surge” in online scams that utilize AI-generated deepfakes and fake crypto trading platforms to deceive investors and siphon off millions.
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@anhsang
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New Staking Mechanism Aims to Restore sUSD’s $1 Peg by Reducing Supply The goal is to reduce circulating sUSD and help restore the token’s $1 peg. However, Warwick admitted the mechanism is currently “very manual” and lacks a user-friendly interface—though one is in development.
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@anhsang
“Powell’s termination cannot come fast enough!” Trump wrote, sparking renewed concern over political interference in monetary policy. While acknowledging that the Fed is already viewed by many as politicized, Pompliano insisted that retaliating through executive overreach isn’t the solution.
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The report, published on April 17, highlights how U.S. sanctions targeting the Houthi group—designated a terrorist organization by Washington—are driving the shift toward crypto.
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@anhsang
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Bitcoin experienced a sharp drop in value following the announcement, falling below the critical $76,000 mark.
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In a press release shared with Cryptonews, Ripple called the acquisition one of the largest in the digital asset space, making it the first crypto firm to own and operate a global, multi-asset prime broker.
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@anhsang
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The single-day market loss amounted to $3.25 trillion—exceeding the total valuation of the global cryptocurrency market, which stood at $2.68 trillion at the time. Among major tech players, dubbed the “Magnificent 7,” Tesla led the plunge, falling 10.42%. Nvidia and Apple also saw steep losses, dropping 7.36% and 7.29% respectively, according to TradingView data.
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@anhsang
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@anhsang
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@anhsang
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