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Nifty News: Melania Trump drops NFT, Arabian Camels produces NFT film and Whitney Houston keeps selling hits
17.12.2021
NFT mania may have cooled, but the industry is still booming. Melania Trump, Whitney Houston and Applebee's made NFT-inspired headlines this week
‘I'm a huge believer in crypto technology,’ says former US SEC chair
16.12.2021
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it
US Senate confirms CFTC chair as President Biden announces commissioner picks
16.12.2021
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
16.12.2021
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply
Fed chair Jerome Powell says he isn't concerned about crypto disrupting financial stability in the US
15.12.2021
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell
Crypto in the House: Execs on the march, US partisan politics and Web3
15.12.2021
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill
Witnesses offer differing opinions on approach to stablecoins at congressional hearing
14.12.2021
Every witness who appeared in front of the committee seemed to have their own rallying cry for U.S. lawmakers, from calling for greater KYC/AML compliance to "avoid policies that encourage the growth of stablecoins."
'DeFi is the most dangerous part of the crypto world,' says Senator Elizabeth Warren
14.12.2021
The U.S. lawmaker claimed that the value of stablecoins would "take a nosedive," with small investors largely feeling the effects of a potential downturn
MGA Entertainment and Ioconic launch L.O.L. Surprise NFT platform in 20,000 retail stores worldwide
14.12.2021
The collectibles will be available at 20,000 retail locations including Walmart, Target, Walgreens
SEC chair's regulatory agenda fails to include clarity on crypto, says Hester Peirce
13.12.2021
"The Agenda — through its silence on crypto — signals that the market can expect continued questions around the application of our securities laws to this area of increasing investor interest,” said two SEC commissioners
Enterprise blockchain to play a pivotal role in creating a sustainable future
11.12.2021
Companies are turning to enterprise blockchain-based solutions to meet environmental sustainability goals as well as business demands
Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years
11.12.2021
The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation...
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
11.12.2021
Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike
Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
10.12.2021
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up...
Point of no return? Crypto investment products could be key to mass adoption
10.12.2021
Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common
Crypto market eyes recovery ahead of key US inflation data release
10.12.2021
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data
Florida governor's budget proposal wants to let residents pay fees in crypto
10.12.2021
Florida Governor Ron DeSantis proposed to allocate $750 million to enable a “crypto-friendly Florida.”
US lawmaker purchases exposure to Bitcoin through Grayscale shares
9.12.2021
Congressperson Marie Newman bought between $15,001 and $50,000 of GBTC in addition to up to $215,000 in Coinbase Global's COIN shares
WhatsApp starts testing currency payments with Meta’s Novi wallet
9.12.2021
Some U.S. activists previously asked the DOJ to stop Meta from offering its digital currency wallet Novi on its platforms