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News, Notes and more Regulation Talk
There was a lot of news this week! It seems we continue the inexorable slide to a worldwide Great Depression. With interest rates spiraling up (and choking off long term capital expenditures) and inflations rates continuing to move higher it's almost inevitable at this point.The battle for how crypto regulations will develop continues to be fought. You should take the time watch the Youtube session between Erik V and SBF about Sam's draft legislation proposal.And BTC (as well as the rest of the crypto market) finally makes a move of more than 100 dollars ...News and LinksToday (October 31) is the 14th anniversary of the day Satoshi Nakamoto published the BTC white paperBTC White PaperErik Voorhees and SBF Debate Italy Inflation hits 12.8% - highest since 1996 Costa Rica lawmaker proposes law eliminating BTC taxesEgypt’s currency slides 13.5% to a record low against the US dollar, as IMF and Cairo reach a $3 billion loan agreementGerman CPI hits 11.6%Japan spending $200 Billion to counter inflationUK Lawmaker Committee Approves Stablecoin Regulation BillUS Q3 GDP rises by 2.6%, the first increase in 2022World's Largest Public Bitcoin Mining Firm Core Scientific Says It May Run Out of Cash: Halts Debt Payments Amid Solvency RiskEuropean Central Bank hikes interest rates by 75 BPS to 2%FTX/SBF working on a new StablecoinCredit Suisse cutting 9000 jobsBank of Canada hikes 50bps, less than the expected 75bpsA year after Nigeria launched its CBDC, only less than 0.5% of Nigerians are using itCashapp enables lightning
