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If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...
Spanish banks required to report 3-year digital currency plans
10.11.2021
Banco de España wants to assess the influence that digitalization has on financial services
Altcoins in for a Bumper 2022 as Number of Crypto Traders Set to Double – Report
10.11.2021
A tech management consultant has predicted a “massive runway ahead” for crypto in 2022, and a positive market for altcoins in the year ahead – claiming that the “number of consumers trading crypto will double in the next 12 months.”
The claims were made in a report from Activate Consulting, in...
India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report
9.11.2021
The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns....
Athletic Shoe Giant Nike Looks Poised to Tackle Metaverse and NFTs: Report
8.11.2021
Nike, the American multinational footwear and sports apparel giant, is getting ready to step into the metaverse and the world of non-fungible token (NFT) technology. Reports show Nike has a few employees “thinking about the metaverse” and a 2019 patent for “cryptokicks”...
Author Insists Current Gold Price Cheaper Now Than in 1980
8.11.2021
While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...
Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI
6.11.2021
Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement....
Q3 NFT Report Shows Non-Fungible Token Markets ‘Are in Phase of Dynamic, Unstoppable Growth’
6.11.2021
Non-fungible token (NFT) assets have seen significant demand since the beginning of 2021 and third quarter statistics show that key indicators have continued to rise. Just recently nonfungible.com published its Q3 2021 NFT Quarterly Report which shows active wallets increased, the number of...
Tampa mayor to accept pay in Bitcoin — Report
5.11.2021
The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC
Smartbch Defi Universe Expands — Dozens of SEP20 Tokens, $12.8M Total Value Locked in Dex Platforms
4.11.2021
On April 1, Bitcoin.com News published an in-depth report on the Smart Bitcoin Cash (Smartbch) protocol and its compatibility with Ethereum’s EVM and Web3 API before any Smartbch projects were seen in the wild. Seven months later, Smartbch has matured a great deal and metrics indicate that...
African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion
4.11.2021
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led...
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
Report: Hackers Laundered $10 Million On Twitch
4.11.2021
After an investigation into last month’s leaked data, it has been alleged that a group of hackers laundered almost $10 million in illegally-obtained funds by making a ton of tiny donations to Twitch streamers.Read more
Stablecoins report: SEC won’t lead regulation, Congress urged to act
3.11.2021
The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists
Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report
2.11.2021
Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While...
A Huge Crypto Report Issued by Biden Administration
2.11.2021
To regulate the crypto market, the Biden Administration wants the Congress to swiftly issue rules and regulations for stable crypto coins. It was suggested that token issuers should be converted to chartered banks or depository institutions. The broader crypto coin industry is warned of tougher...
Crypto Community Smarts at US Regulators ‘Fear-mongering’ Stablecoins Report
2.11.2021
A joint call from the United States Treasury Department, the Federal Reserve, and financial regulators for Congress to grant them power over stablecoins and their issuers has drawn a decidedly mixed reaction from the crypto community....
Read More: Crypto Community Smarts at US Regulators...
US Treasury report says stablecoin legislation is 'urgently needed' to address risks
1.11.2021
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks
South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies
1.11.2021
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe...
Patreon Considers Allowing Creators to Use Crypto for Monetization
31.10.2021
Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021...