Brazil's Rio de Janeiro will accept crypto-payments for property taxes
The city will allow taxpayers to make crypto payments through third-party service providers. Source link
Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away
The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation. Source link
Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision
Michael Barr suggested that financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities regarding the use cases of innovative technologies. Source link
The SEC was right to whack Kim Kardashian for shilling Ethereum Max
Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight. Source link
Coin Center files lawsuit against US Treasury over Tornado Cash sanctions
The advocacy group alleged OFAC “exceeded their statutory authority” in sanctioning Tornado Cash because the mixer was a “privacy tool beyond the control of anyone.” Source link
Price analysis 10/12: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
Bitcoin and most altcoins are likely to witness a pick in volatility following the CPI print on October 13. Source link
Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon
The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed. Source link
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
According to a letter penned by seven U.S. lawmakers, ERCOT was “intimately connected” with the growth of crypto mining in Texas. Source link
BTC price wobbles on US PPI as Bitcoin futures open interest hits peak
Bitcoin-denominated futures open interest hits 660,000 BTC despite volatility remaining comparatively flat. Source link
Greg Foss says Bitcoin is a hedge against monetary inflation: Bitcoin Amsterdam
As global inflation rumors continue to circulate, debates rage on both inside and outside of the decentralized finance space on whether Bitcoin is the answer. Source link