CFPB Is Promoting Open Banking Through Uniform Rules
[ad_1] The Consumer Finance Protection Board (CFPB) is prodding banks and fintechs to move ahead toward open banking — a legal framework for individuals to let a third party have secure access to some of their bank records. On Oct. 19 the CFPB proposed its Personal...
Singlesig vs. Multisig: Bitcoin Self-custody Approaches Compared
[ad_1] If you want to remove custodial risk from your bitcoin holdings, you must take self-custody. Bitcoin custody is determined by whoever has the keys to control the bitcoin—if you aren’t holding the keys to your bitcoin, then someone else is. As the saying goes,...
Bitcoin Open Interest Surges To A 2-Year High, BTC Breaks Above $51,000
[ad_1] Bitcoin’s open interest has surged past $11 billion for the first time in over two years. This uptick comes when the world’s most valuable coin surges, recently easing past $51,000, the highest level since December 2021. Bitcoin open interest | Source: Kaiko...
Resisting the EIA: One Possible Playbook
[ad_1] The Biden Administration has intensified oversight on the U.S. bitcoin mining sector through an Energy Information Agency (EIA) emergency survey, portraying electricity usage by miners as a significant threat to national grid stability. This move, which demands...
