Robert F. Kennedy Jr. spoke out about the Fednow service Monday, after the U.S. Federal Reserve published a advisory notice stating that it was not a digital currency or a CBDC or a cash substitute. Kennedy stated the claim would seem more plausible if people weren’t aware of the’stinking barrage of hostile broadsides directed against cryptocurrency’ by the Biden administration. He […]
Robert Kiyosaki is an investor, nonfiction writer, and entrepreneur. He is most well-known for his book on financial literacy, ‘Rich Dad Poor Dad’. Now, he has taken to Twitter again to predict an economic and financial crash. In his tweet, he mentioned Bitcoin, reminding the audience of the importance of the cryptocurrency and a few assets. […]
The National Bank of Rwanda (NBR), has stated that financial service providers in Rwanda are prohibited from engaging in crypto-related activities, until a regulatory framework is in place. Soraya Hakuziyaremye, acting governor of the NBR, wrote to CEOs and managing directors of financial service providers to suggest that the ban would allow for ‘efficient and sound’ […]
When it comes to Brazil’s use of cryptocurrencies, they are making progress. Banco do Brazil is one of Brazil’s oldest banks and it is partly owned by the Brazilian government. It has made it possible for Brazilians to use cryptocurrencies to pay their state taxes using its platform. According to reports, the bank uses Bitfy as a […]
As the price of bitcoin continues to plummet, cash-strapped Bitcoin miners are cutting back on loans and scaling down their operations. As the price of bitcoin continues to plummet, cash-strapped Bitcoin miners are cutting back on loans and scaling down their operations. Miners borrowed billions of dollars to finance their growing operations during the bull […]
