Stephen Graves
Stephen oversees sponsored content, Learn, and other special editorial and commercial projects at Decrypt. Previously he has contributed to titles including Stylus, Stuff, and LS:N Global. Disclosure: He holds BTC and SCRT, and has recused himself from writing or editing stories about SCRT.
8 articles
IMF Highlights Risks of Stablecoin Adoption in Nigeria
The International Monetary Fund (IMF) reports that Nigeria has seen significant stablecoin adoption, noting $59 billion in inflows from July 2023 to June 2024. The IMF warns of risks including digital dollarization and illicit finance, suggesting that suppression efforts may only be partially effective, as reported by Decrypt.
3 weeks ago·Decrypt·Reported by Stephen Graves
Lawmaker Addresses Concerns Over Government Payments in Stablecoins
During a House Financial Services Committee hearing, U.S. Representative Brad Sherman expressed strong opposition to using stablecoins for government payments, warning it could promote a 'tax-evasion economy.' Sherman reacted to proposals from NCUA Chairman Kyle Hauptman, who suggested stablecoins could expedite tax refunds and stimulus payments, according to Decrypt.
last month·Decrypt·Reported by Stephen Graves
Michael Saylor's Strategy Sells 32 BTC for $2.5 Million
Michael Saylor's Bitcoin treasury firm, Strategy, sold 32 BTC for approximately $2.5 million, according to an SEC filing. This marks a significant shift from their previous 'never sell' position, which caused a drop in Bitcoin's price to just over $72,000, as reported by Decrypt.
last month·Decrypt·Reported by Stephen Graves
Nigel Farage Under Investigation for $6.7 Million Gift from Tether Investor
The Parliamentary Standards Commissioner is investigating UK politician Nigel Farage for a £5 million (approximately $6.7 million) gift from Tether investor Christopher Harborne, according to Decrypt.
2 months ago·Decrypt·Reported by Stephen Graves
UK Treasury Plans Consultation on Digital Assets and AI Payments
The UK Treasury's Economic Secretary emphasized the transformative potential of digital assets and announced an upcoming consultation on regulations concerning payments involving digital assets and AI. The statement was reported by Decrypt.
2 months ago·Decrypt·Reported by Stephen Graves
Bank of England Considers Stablecoins a New Form of Money
The Bank of England considers stablecoins as a new form of money, according to Sasha Mills, a bank executive. Mills emphasized that the central bank is not favoring any specific approach in the discussions surrounding tokenized deposits and stablecoins, as reported by Decrypt.
2 months ago·Decrypt·Reported by Stephen Graves
Fireblocks CEO on Quantum Computing Threat to Bitcoin: A Coordination Challenge
Michael Shaulov of Fireblocks claims that Bitcoin's transition to post-quantum cryptography is primarily a coordination issue rather than a technical hurdle. This perspective highlights the urgency for stakeholders to collaborate in addressing potential quantum threats, as reported by Decrypt.
2 months ago·Decrypt·Reported by Stephen Graves
Zcash Gains 37% Following MultiCoin Capital Investment
MultiCoin Capital announces a substantial investment in Zcash (ZEC), prompting a 37% price surge as investors react to concerns over wealth seizure risks, according to Decrypt.
2 months ago·Decrypt·Reported by Stephen Graves
