The rule would have prohibited U.S. banks from denying services based on ideological factors.
While Congress is planning multiple hearings, it’s less clear what financial regulators might do.
GameStop’s “squeezening” is likely to increase calls for curbs on “memetic disturbances.” That could be dangerous for free speech.
Few are attributing the cryptocurrency’s rise to market fundamentals after the GameStop roller coaster.
Coinbase announced last month it had confidentially submitted a draft registration statement with the SEC.
GameStop, which had been soaring for days on short squeezing and mass speculation, began tumbling after the major retail trading hub implemented the hold.
GameStop’s stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
Jonas Schnelli joins other Bitcoin developers who are sponsored by high-caliber Bitcoin companies.
The vision of “one network, many chains” could be fast approaching.
Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.