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Blackrock CIO: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold


Blackrock’s Chief Investment Officer, Rick Rieder, said cryptocurrency, including bitcoin, “is here to stay.” In addition, he said bitcoin is a durable mechanism that could replace gold. Blackrock on Bitcoin and Gold Rick Rieder, Blackrock’s Chief Investment Officer (CIO)...

South Africa Unveils New Crypto Rules as Usage Soars Exponentially


The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...

Crypto Security in 2021: More Threats Against DeFi and Individual Users


In 2020, the crypto industry was no stranger to cyber-attacks and cybersecurity breaches. Hackers made off with millions after hitting the KuCoin exchange in September, while a range of DeFi (decentralized finance) platforms — Balancer, Opyn, Akropolis, and others — also received more than their...

Game of New Highs and 20 Crypto Jokes


Bitcoin and altcoins have witnessed another exciting week. Bitcoin has accelerated all the way up to USD 18,500, leaving previous levels of USD 16,000 and USD 17,000 in the dust. And while billionaire investor Ray Dalio acknowledged he might be missing something about BTC, Ethereum followed along...

In Argentina, a Politician Wants to Build a State-backed Crypto Exchange


A local government politician in Argentina has tabled a measure that – if passed – could see a province in the country launch a crypto trading platform. The measure is the brainchild of Roque Gervasoni, a provincial deputy (council member) of the northern Misiones province, who has created a bill...

US in Crypto Tax Balancing Act, ETH Miners Safe Until Nov. 2021 + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto tax news The US Treasury Department has told attendees at the OECD-arranged 2020 Global Blockchain Policy Forum that it is still undecided...

SoftBank Boss Glad to Be out of Bitcoin, But His Firm Is Still in the Game


Softbank CEO Masayoshi Son. Source: A video screenshot, Youtube/David Rubenstein The CEO of SoftBank – one of Japan’s biggest conglomerates, and a firm with multiple crypto interests – said he took a multi-million USD loss by selling his bitcoin (BTC) holdings in 2018 because he “didn’t understand”...

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