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EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...
Why This Crypto Crash Is Different
29.6.2022
There can be no return to the highly-leveraged, fractionally-reserved cryptocurrency system whose illusory riches are now giving way to real losses, says our columnist
EU Finalizes Crypto Money Laundering Rules
29.6.2022
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers which the industry warns could prove harmful for innovation and privacy
Surprise twist as BlockFi receives Money Services License in Iowa
29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state
Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
28.6.2022
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The company has rejected the allegations in the anonymous attack, which comes after Nexo offered a buyout deal to troubled rival Celsius....
Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon
27.6.2022
The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco’s money laundering...
British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’
26.6.2022
British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker...
Gnox: One of the Few Ways to Make Money During Bear Market. Will Bitcoin & Ethereum Continue Their Downtrend?
24.6.2022
Investors are scrambling to find sound investments to help them navigate the bear market. So far, 2022 has been brutal for markets, with a global economic recession driven by rising interest rates, soaring inflation, and ever-increasing oil and energy prices due to the war in Ukraine. This article...
Binance-owned Trust Wallet adds buy option via Binance Connect
22.6.2022
Binance's self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
22.6.2022
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money...
Crypto resonates better with BIS' vision of ideal monetary system
22.6.2022
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.”
Tether to launch GBPT stablecoin pegged to British pound sterling
22.6.2022
Tether expects to be part of industry innovation in the United Kingdom as the country is planning to adopt stablecoins as a means of payment
Bitcoin in Zimbabwe: Importing cars and sending money to family
21.6.2022
A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during the COVID-19 pandemic
After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing
21.6.2022
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. ...
Read More: After Inflation Fiasco, Central...
What is Vulcan Forged (PYR) and how to make money playing it?
21.6.2022
Vulcan Forged is a play-to-earn game that allows players to earn cryptocurrency by winning, selling, and upgrading their in-game assets
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...
Meta Launches Metaverse Digital Clothing Store
20.6.2022
Meta announced that it was launching a designer digital clothing store that will allow users to purchase pieces of clothing for their avatars in its metaverse. The company believes that clothing and other accessories will become an important part of the users’ identity expression and that...
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
19.6.2022
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it
Defi Protocol Abracadabra’s Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
19.6.2022
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly dropped to a low of $0.914 per unit. The Abracadabra-issued stablecoin dropping in value follows the recent terrausd (UST)...