Riot Platforms VP Says Company Will Continue To Sell Bitcoin From Treasury To ‘Fund Operational Needs’
Riot Platforms, Inc. (NASDAQ:RIOT) Executive Vice President Jason Chung affirmed Monday the company’s ongoing strategy of funding capital expenditures through Bitcoin (CRYPTO: BTC) sales. Bitcoin At Center Of RIOT’s Financing During Riot Platforms’ fourth-quarter earnings call, Chung responded to a question about Bitcoin sales and their relevance to the company’s...
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Jamie Dimon Reacts To Coinbase CEO’s Level Playing Field Pitch: ‘If They Want To Be A Bank, So Be It’ — But They Should Be Treated As One
Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), weighed in on the debate surrounding stablecoin rewards on Monday, insisting that any cryptocurrency firm offering should fall under banking regulations. ‘If They Want To Be A Bank, So Be It’ During an interview with CNBC, Dimon responded to a question about...
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Steak ‘n Shake Says It’s Paying Hourly Employees A Bitcoin Bonus For Every Hour Worked, Pledges Trump Account Contributions
Biglari Holdings (NYSE:BH)-owned fast food chain Steak ‘n Shake said Monday that it will start offering Bitcoin (CRYPTO: BTC) bonuses to all its hourly employees starting in March. Bitcoin Bonuses For Employees In an X post, the popular burger chain said it will pay employees Bitcoin worth 21 cents per hour....
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Sanae Takaichi Warns Public She’s Not Approved A Token, Makes Statement About Crypto To Avoid Misapprehensions
Japanese Prime Minister Sanae Takaichi on Monday denied ties to a cryptocurrency named after her and warned the public to stay vigilant. Takaichi Distances From Namesake Crypto In an X post, Takaichi said that neither she nor her office has any knowledge or involvement with the so-called SANAE TOKEN....
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US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline
The US Senate has moved to block the Federal Reserve from ever putting a government-issued digital dollar (CBDC) into Americans’ hands — at least for now. The ban is part of a sweeping housing affordability package and comes with an expiration date attached. A Housing Bill With A Hidden...
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Cardano Founder Sounds Alarm Over New US Crypto Bill
Cardano founder Charles Hoskinson is urging the crypto industry to take a harder look at H.R. 3633, arguing that the market structure bill could lock future US token projects into securities status rather than provide the regulatory clarity its backers promise. His criticism goes beyond process: Hoskinson says the...
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Ethereum Is Bullish In March: Here’s How It Has Performed In Previous Years
Historically, the Ethereum price has been very bullish for the first quarter of the year, with a few exceptions, and the month of March has been no different from the first two months of the year. Therefore, as the market ushers in another month of March, this report takes...
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CFTC Names New Enforcement Leader, Chair Promises End To Crypto Crackdown Era
The US Commodity Futures Trading Commission announced Monday that former federal prosecutor David Miller will serve as the agency’s new Director of Enforcement, a key role for crypto regulation. Key CFTC Appointment According to Reuters, Miller previously worked in the securities and commodities fraud task force at the US...
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No Crypto Market Structure Deal Could Lead To Increased Regulatory Crackdown, Expert Says
The long-anticipated CLARITY Act, widely viewed as the cornerstone of a comprehensive US crypto market structure framework, has failed to meet the March 1 deadline set by the White House two weeks ago. The administration had urged both the crypto industry and the banking sector to reach common ground...
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Bitcoin Just Got A $200 Million Vote Of Confidence From Saylor’s Strategy
Bitcoin moved into the headlines after Strategy completed its 101st buy, taking on 3,015 BTC at an average near $67,700. According to reports, the company spent roughly $204 million on the latest lot and now holds about 720,737 BTC in total. The new purchase nudges down the company’s overall...
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