Daily News Headlines | Latest Crypto News (5th June) | Cryptoknowmics
Here are the top 5 crypto news for the day!
Let’s dive into the news headlines one by one and see how they’ll be affecting the crypto space as we know it, in the coming days.
Rep. Warren Davidson Claims Fed Reserve is ‘Dogecoining The US Dollar’
The Fed is literally ‘Dogecoining’ the US dollar, Rep. Warren Davidson has claimed, referring to the Federal Reserve’s massive monetary expansion. Senator Cynthia Lummis, a co-panelist of Rep. Warren Davidson, called trillions of dollars in debt creation ‘anti-American.’
Ripple Wants World’s Biggest Exchanges Assistance to Combat SEC
Ripple is soliciting assistance from 15 of the world’s biggest exchanges that it says might be used to dismiss the SEC claims. On May 3rd, the corporation had filed a motion in a New York court, requesting the judge to allow it to contact Bitfinex, OKEx, and other exchanges for material relevant to the lawsuit.
Jack Dorsey’s Square is Considering Developing A Bitcoin Hardware Wallet
According to Square CEO Jack Dorsey, the company is considering developing a Bitcoin hardware wallet. He claims that it will be constructed “completely in the open,” while sharing some of the company’s core ideas.
RBI Governor Shaktikanta Das Strengthens its Anti-Crypto Stance
Governor Shaktikanta Das of the Reserve Bank of India or RBI has said that the recent withdrawal of a 2018 ban was merely legal housekeeping. Even after the Supreme Court reversed the ban in March 2020, commercial banks continued to claim it as a justification for refusing to service crypto firms, according to Indian crypto executives.
JPMorgan to Hire Crypto Experts, Experience with BTC and ETH Preferred
Investment giant JPMorgan Chase is looking to hire crypto experts with experience in Bitcoin and Ethereum markets. The multinational bank has advertised 34 positions based in several countries, some of which will be filled by blockchain engineers and product managers.
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