Search
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...
Big Miners and Holders Keep Accumulating Bitcoin: Kraken’s ‘Shocktober’ Report
29.10.2021
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits...
Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’
29.10.2021
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala...
MicroStrategy added 9,000 BTC last quarter, its stash is now worth $7 billion
29.10.2021
As of Sept. 30, MicroStrategy held 114,042 BTC at an average purchasing price of $27,713
Is Bitcoin price mimicking the 2017 bull run? Find out on The Market Report with ETF expert Eric Balchunas
28.10.2021
“The Market Report” with Cointelegraph is live right now with special guest Eric Balchunas, senior ETF analyst for Bloomberg
Indian Crypto Regulation Is Planned for February: Report
28.10.2021
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....
Report: Vicarious Visions Changing Its Name After Blizzard Merger
28.10.2021
Back in January it was announced that Vicarious Visions, the studio famous for its work on the Tony Hawk remakes and a whole library of excellent licensed games, was going to be merging with Blizzard. Now it’s emerged that this corporate move means the developer will be changing its name...
Robinhood shares tank 10% after crypto revenue falls by three quarters
27.10.2021
Robinhood posted $51 million worth of transaction-based revenue from crypto in Q3, marking a 78% decrease compared to the previous quarter
Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
26.10.2021
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial...
IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
26.10.2021
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet...
South Korean pension fund to invest in Bitcoin ETF: Report
26.10.2021
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said
Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
26.10.2021
The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate
Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Arrest
26.10.2021
Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate. Shezi out on Bail The bitcoin trader’s court appearance came just days after he honored his pledge to surrender himself to the police....
SEC expected to head U.S. stablecoin regulation and enforcement
26.10.2021
The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
25.10.2021
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional...
Beijing Presses Fast-Food Chain McDonald’s to Support Digital Yuan — China’s CBDC Expected to Launch in February
24.10.2021
According to a recent report, Beijing is pressing the fast-food retail chain McDonald’s to support the digital yuan before the Winter Olympics in China scheduled for February 2022. The report notes that China is also pushing companies like Visa and Nike to join in on the central bank digital...