BITCOIN

Former U.S. President Donald Trump has promised to stop the creation of a U.S. central bank digital currency (CBDC) if he is elected president of the United States. He explained that a digital dollar would give the federal government “absolute control over your money,” warning that the government could take your money and you wouldn’t even know that it’s gone. “This would be a dangerous threat to freedom, and I will stop it from coming to America,” Trump vowed. Donald Trump Says He ‘Will Never Allow’ CBDC in the US Former U.S. President Donald Trump held a rally in the state of New Hampshire on Wednesday. Among various promises Trump made was the creation of a U.S. central bank digital currency (CBDC). The former president said: Tonight I’m also making another promise to protect Americans from government tyranny. As your president, I will never allow the creation of a central bank digital currency. “You know what they’re doing. Such a currency would give a federal government — o

Jamie Dimon, the CEO of JPMorgan Chase, has advised investors to stay away from bitcoin. “My personal advice is don’t get involved,” he said. “But I don’t want to tell anyone what to do. It’s a free country.” T he executive added that he doesn’t care about Blackrock, the world’s largest asset manager, embracing bitcoin, insisting that the cryptocurrency’s use cases are illicit activities. JPMorgan CEO’s Bitcoin Investing Advice The CEO of JPMorgan Chase, Jamie Dimon, once again weighed in on bitcoin and crypto investing in an interview with CNBC on Wednesday. His comments came amid growing institutional interest in crypto, with major asset management firms, like Blackrock , embracing BTC following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Dimon began by stating: “Blockchain is real. It’s a technology. We use it. It’s gonna move money, it’s gonna move data, it’s efficient. We’ve been talking about that for 12 ye

Economist and gold bug Peter Schiff has predicted that U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler “will soon introduce new onerous crypto regulations” that will result in “a sharp decline” in the price of bitcoin. Schiff expects the new regulations to focus on anti-money laundering (AML) rather than securities law. Peter Schiff’s Crypto Predictions: Onerous Regulations, Sharp Bitcoin Price Decline Economist and gold bug Peter Schiff, a vocal bitcoin skeptic, has shared his predictions on crypto regulations and BTC ’s price outlook following the U.S. Securities and Exchange Commission (SEC)’s approval of spot bitcoin exchange-traded funds (ETFs). He wrote on social media platform X Tuesday: Since Gary Gensler was backed into a corner on spot bitcoin ETF approval, I think he will soon introduce new onerous crypto regulations that will substantially increase the cost of Bitcoin transactions, further undermining its ‘use’ case, resulting in a sharp decline in pr