Texas Republican Party aims to enshrine cryptocurrencies in the state Constitution

Avatar James Lochner 2 years ago

The Texas Republican Party platform demands that the state’s Bill of Rights include a clause allowing citizens to own, own and use any medium of exchange they choose, including cryptocurrencies.

Many Republican officials in the state are eager to make sure Texas builds on its status as a cryptocurrency hub. Despite fears by some lawmakers that the industry could overload an already overstretched power grid.

“The right of individuals to own, maintain and use a mutually agreed medium of exchange. Including cash, currency, bullion, digital currency or vouchers, when the trade and procurement of goods and services is infringed.” Thus begins the clause Texas Republicans would like to see it added to the state’s Bill of Rights.

The Council urges the Bank of Central African States to introduce a common digital currency

The Bank of Central African States, or Banque des √Čtats de l’Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon and the Republic of Congo, could be closer to launching a central bank digital currency. Reportedly at the behest of its board of directors.

According to a report in fact, the council sent an email asking the regional bank to introduce a digital currency in an effort to modernize payment structures. And, promote regional financial inclusion.

The Central African Republic, or CAR, passed legislation in April adopting Bitcoin (BTC) as legal tender in the country. But it has not recognized a central bank digital currency, or CBDC.

The Bank of Central African States also criticized Nigeria’s acceptance of BTC as legal tender. Calling the move “problematic” and something that could have a “substantial negative impact” on the Central African monetary union.

The bank’s board sent an email to the bank in which it detailed how the use of a common digital currency would modernize payment structures and promote regional financial inclusion.

The United States cancels the extradition request of BTC-e operator Alexander Vinnik

The request for the extradition of BTC-e operator Alexander Vinnik from France to the USA is pending. UU. it was canceled. Russian news agency Tass first reported the news on Thursday.

However, according to Belot, the move will allow the US authorities to keep Vinnik in prison for longer, and then extradite him to Greece, where he was first arrested in 2017, and ultimately to the USA. UU.

Vinnik was indicted there in 2020 by a California court on allegations of “computer intrusions and hacking incidents, ransomware scams, identity theft schemes, corrupt public officials and narcotics distribution networks.”

Belot refused to explain the legal mechanism used by the US authorities.

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