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Crypto Should Disrupt Current Anti-Money Laundering Practices, Not Adopt Them
31.3.2022
Modern know-your-customer, anti-money laundering regulations are ineffective; crypto represents a better option to address this problem
‘No Plan to Issue CBDC’ — Bank of Japan Governor
31.3.2022
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...
Financial Markets Not Ready for Bitcoin-Backed Bonds – MicroStrategy CEO
31.3.2022
The financial markets of the world are not ready for bonds backed by bitcoin (BTC) yet, according to the CEO of the enterprise software firm MicroStrategy, Michael Saylor. However, El Salvador’s planned “volcano bonds” could be a different story....
Read More: Financial Markets Not Ready...
Shiba Inu Unveils its Metaverse Project, But Investors Do Not Seem Excited
31.3.2022
The team behind the popular meme coin shiba inu (SHIB) has unveiled their anticipated metaverse project dubbed "SHIB: The Metaverse," a virtual world that would contain more than 100,000 land plots. However, investors are ostensibly not excited by the announcement as SHIB has seen a relatively...
Wonky Mars Protocol launch shows ecosystem expansion may not add to network value
29.3.2022
Terra’s “liquidity bootstrapping pools” were meant to prevent DeFi protocol token pump and dumps at launch but the model is not as effective as expected
Fintechs See Strongest Payments Challenge From Stablecoins and CBDCs, Not Bitcoin: Cowen
29.3.2022
The team at Cowen recently held fireside chats with executives from PayPal and Visa, among others
CSS :has
28.3.2022
For as long as developers have written CSS code, we’ve been desperate to have a method to allow styling a parent element based child characteristics. That’s not been possible until now. CSS has introduced the :has pseudo-class which allows styling a parent based on a relative...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision
27.3.2022
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting proof-of-work (PoW) cryptocurrencies, which was recently dropped from the draft...
Is Miner Concentration Once Again Jeopardizing Bitcoin? Not Exactly
26.3.2022
The high percentage of hashrate now located in North America may look like China 2.0, but the reality is more complicated
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
26.3.2022
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender...
Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation
25.3.2022
On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after lots...
Web 3 Needs Africa, Not the Other Way Around
25.3.2022
The continent has shown a willingness to embrace new financial services technologies, and crypto addresses a pressing need in every country
‘Big Holes’ Undermine Russia Sanctions – And It's Not Crypto (Psst! It's Traditional Politics & Finance)
24.3.2022
An opinion columnist writing for Bloomberg has identified two flaws that “fundamentally undermine” the United States and EU-led “sanctions regime” against Russia – and neither have anything to do with the use of crypto.
Since the start of the conflict in Ukraine, senior lawmakers in the USA...
‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
24.3.2022
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720
24.3.2022
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules...
The Fed Could Take 10 Years to Get Inflation Under Control, Says Almonty Industries CEO
24.3.2022
The CEO of Almonty Industries has warned that it could take the Federal Reserve 10 years to get inflation under control if they do not act now and stop spending money. “And they need to raise rates. That’s the only tool that works,” he said. Federal Reserve Could Take a Decade...
Bitcoin is 'not regulated' — Honduras' central bank pushes back against legal tender rumors
23.3.2022
The central bank said “for the time being” Bitcoin was not regulated in the country, but it was exploring the feasibility of introducing a CBDC
Mining Industry Not That Worried by SEC’s Proposed New Climate Reporting Rules
23.3.2022
The CEO of public miner Marathon Digital says he welcomes the new rules for the transparency and incentives to use renewable energy they would introduce
Sony's Latest PlayStation Update Did Not Proceed As Planned
23.3.2022
Sony rolled out a firmware update for the PlayStation 4 and PlayStation 5 this morning. Around the same time, PlayStation’s online services went down, with players reporting connection issues with Elden Ring and GTAV, among other titles. It’s not yet clear if there’s a connection between the update...
$43K BTC flipping support? Not anytime soon, according to derivative metrics
23.3.2022
Short sellers got liquidated to the tune of $150 million, but two metrics show pro traders did not flip bullish after the recent Bitcoin rally