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CryptocurrencyA bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allowing crypto to be used as a means of payment of fines, civil penalties, rent, rates, taxes, fees, charges, and more.
New York City Considers Bill to Establish Cryptocurrency as a Payment Method for Government Agencies
Stock MarketsInvestment management firm Ark Invest says bitcoin is likely to scale into a multi-trillion dollar market. In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as an insurance policy for everyone against the confiscation of wealth.
Ark Invest Expects Bitcoin to Become a Multitrillion-Dollar Market — Predicts BTC Price Could Reach $1.48 Million – Markets and Prices Bitcoin News
CryptocurrencyNickel Digital Asset Management published the results of a survey Thursday showing how high institutional investors expect the price of bitcoin to reach. Nearly nine out of 10 professional investors predict bitcoin price rise this year. 65% of institutional investors surveyed agree bitcoin could still hit $100,000 in the long term.
Institutional Investors Forecast 'Strong Year' for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows – Markets and Prices Bitcoin News
South Korea · South KoreaThe South Korean Ministry of Justice will introduce a "cryptocurrency tracking system" in the first half of this year. The system will be used to monitor transaction history, extract information related to transactions and check the source of funds before and after remittance. The South Korean police previously established an agreement with five local crypto exchanges to cooperate in criminal investigations.
South Korea to deploy cryptocurrency tracking system in 2023
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FTXAuthor of The Price of Tomorrow, Jeff Booth, has warned of debt deflation if the U.S. Federal Reserve keeps hiking interest rates. Former FTX US president Brett Harrison has explained why he left the company and his relationship with co-founder Sam Bankman-Fried (SBF), of FTX infamy. Former SEC official has warned the crypto industry that a regulatory onslaught is just beginning. buzz about the anticipated layer two (L2) scaling solution known as Shibarium has been the backdrop for dynamic price movements in shiba inu.
