SENATE PASSES BILL TO OVERTURN SEC RULE ON BITCOIN AND CRYPTO CUSTODY, BIDEN THREATENS VETO
BY NIK HOFFMAN
Today, the US Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The bill now heads to President Biden's desk where it faces a potential veto.
Detractors claim Bitcoin to be a Ponzi scheme. While patently false, there is a kernel of truth... Paradoxically, Bitcoin is being used to perpetuate the largest Ponzi scheme in history: the fiat currency complex.
RUSTY RUSSELL AND THE GREAT BITCOIN SCRIPT RESTORATION PROJECT
BY SHINOBI
Rusty Russell, Blockstream CLN Lead Developer, sits down with Bitcoin Magazine Technical Editor Shinobi to discuss a proposal to activate a dozen opcodes disabled by Satoshi in 2010.
CHICAGO MERCANTILE EXCHANGE TO LAUNCH SPOT BTC TRADING
CME EXCHANGE TO LAUNCH BITCOIN TRADING FOR HEDGE FUNDS AND INSTITUTIONS
BY VIVEK SEN
"The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report.
This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin."
