Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I
7.11.2021
Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a broker, awaits U.S. president Joe Biden’s signature after...
Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion
7.11.2021
SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%
6 Questions for Daniela Barbosa of Hyperledger
7.11.2021
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
7.11.2021
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this...
Bitcoin soft fork days away as Taproot upgrade closes in
7.11.2021
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes)
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...
The Ethereum Premine Debate On Fairness, Regulation, and Centralization
7.11.2021
You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contributors and the Ethereum Foundation. At ETH 72m, this total accounts for around...
Regulators are coming for stablecoins, but what should they start with?
7.11.2021
Regulators are coming for stablecoins, and the best place to start is with transparency standards for collateral and financial activities
How Climate Change Might Heat Up Inflation Too
7.11.2021
Osman Ouattara, Reader in Development Economics, University of Manchester.____
Ahead of a day of talks on climate finance at the COP26 climate change summit in Glasgow, the former Bank of England governor Mark Carney announced the launch of a coalition of financial companies committed to hitting...
Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics
7.11.2021
Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface...
Brazilian federal deputy proposes crypto payment option for workers
7.11.2021
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies
Bank of America Executive Sees Crypto as Asset Class: ‘I Don’t View It as Competition at All’
7.11.2021
Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO on Crypto: ‘I Don’t View It as Competition...