Bitcoin

Hey there, welcome back! Here is a recap of all that happened in the last 24 hours in the crypto community. Taking a strategic move to improve their financial structure, Amazon shareholders urged the tech giant to acquire Bitcoin. Considering the crypto&#39;s increase over the last week, the members urged that the purchase would enhance the firm&#39;s growth.The proposal, undertaken by the National Center for Public Policy Research focused on using Bitcoin as a hedge for their $88B cash reserves. Also, the shareholders pinpointed that the U.S. inflation was about 4.95% over the last four years and had risen to 9.1% in 2022. If allocated, <a href="https://cryptotale.org/amazon-shareholders-urge-acquisition-of-bitcoin-for-treasury/" rel="noopener noreferrer nofollow">Amazon </a>would have to provide at least 5% of its assets to Bitcoin. Although the cryptocurrencies are highly volatile, it reflects the growing interest in the digital assets.Related: <a href="https://cryptotale.org/michael-saylor-to-present-btc-investment-case-to-microsoft/" rel="noopener noreferrer nofollow">https://cryptotale.org/michael-saylor-to-present-btc-investment-case-to-microsoft/</a>On the other hand, Ripple Labs founder <a href="https://cryptotale.org/garlinghouse-slams-secs-crypto-war-on-60-minutes-interview/" rel="noopener noreferrer nofollow">Brad Garlinghouse</a> slammed the U.S. Securities and Exchange Commission (SEC) for their lawsuits, terming it as a &#34;war on crypto.&#34; Recently, in an interview, Garlinghouse addressed the formation of FairShake PAC to fight against SEC&#39;s anti-crypto conditions. He stated that if Gensler was not head of the SEC, PAC would not have been formed.The main contributor of PAC was Ripple, which spent a whopping amount of $45 million, followed by Coinbase. Further, Garlinghouse stated that he would spend another $25M to bring in pro-crypto candidates in the future. Considering Gensler’s resignation from the SEC, Garlinghouse suggested the new administration to enhance the regulatory framework for the community.<a href="https://cryptotale.org/the-blockchain-bulletin-dec-10-czech-republic-accepts-crypto-reforms/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

The Blockchain Bulletin, Dec 10: Czech Republic Accepts Crypto Reforms

CryptoTale

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