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Mayoral Front-Runner Vows to Make New York City the Bitcoin Center in One Year
26.6.2021
The New York City mayoral candidate in the lead, Eric Adams, has promised that in one year New York will be “the center of all technology,” including “the center of bitcoins.” He will compete with Miami where Mayor Francis Suarez had a head start turning Miami into a bitcoin...
Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies
25.6.2021
Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to...
Bitcoin in uptrend but BTC may never beat gold's $10T market cap — ex-NYSE head
24.6.2021
Thomas Farley, former chief operating officer of the New York Stock Exchange, is "sanguine" about recent price action
FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’
24.6.2021
U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country without proper registration. “This is a very real risk so we are worried about that,” said the regulator’s head of enforcement...
While Bitcoin Hits New Lows Gold Bug Peter Schiff Blasts the Top Crypto and Supporters
23.6.2021
The American economist, financial commentator, and gold bug Peter Schiff had a lot to say about bitcoin’s price sliding on Tuesday. Schiff has always claimed bitcoin’s value will one day drop to nothing. This week he insists bitcoin’s chart shows a head and shoulders top pattern...
Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...
Cornell Economist Says Bitcoin Has 3 Flaws Driving People to Search for Better Alternatives
20.6.2021
Cornell University professor of economics and former head of the IMF’s China division, Eswar Prasad, sees three major flaws in bitcoin. Because of these flaws, the professor says that “bitcoin really has set off something of a search for a better alternative.” Cornell...
Even Elon Musk can't save Dogecoin from crashing another 60%, analyst asserts
18.6.2021
The meme cryptocurrency has crashed by over 60% from its May 8 peak and one analyst believes it has another 60% deeper to go
Star Wars Studio Head At Ubisoft Steps Down
17.6.2021
Following a rocky year that included allegations of abuse and misconduct, Ubisoft once again finds itself in uncertain territory. Ubisoft Massive managing director David Polfeldt is stepping down.Read more
Faster than the speed of news: What a 41 minute head start means to crypto traders
17.6.2021
Information asymmetry is at the heart of crypto investing. Here's how to be on the right side of emerging news
Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender
17.6.2021
The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration...
Head of South Korean Opposition Party Admits Crypto Trading Experience
17.6.2021
Lee Jun-seok. Another major political leader has come out as a crypto enthusiast – as the new leader of the biggest South Korean opposition party has admitted to trading tokens “for fun.”
Lee Jun-seok, aged just 36, stunned the political world last week when he won the leadership election for...
Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’
8.6.2021
Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks” and someone who can build innovative “business use cases” across...
Former SEC head and treasury undersecretary defend US crypto regulations
8.6.2021
Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures
Goldman Sachs: Bitcoin Is an Alternative Inflation Hedge to Copper, Not Gold
3.6.2021
Goldman Sachs’ head of commodities research says bitcoin is more like copper as a hedge against inflation than gold. He explained that they are both “risk-on” inflation hedges whereas gold is a “risk off” asset. Bitcoin Is More Like Copper Than Gold as Inflation Hedge...
US regulators must collaborate on ‘regulatory perimeter’ for crypto: OCC head
31.5.2021
Acting OCC head, Michael Hsu, wants greater inter-agency cooperation in establishing regulatory guidelines for the crypto sector
Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets
27.5.2021
Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...
SEC’s Head Wants to 'Fill in the Gaps' in Crypto Investor Protection
27.5.2021
Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), told US lawmakers that he wants to work with other regulatory agencies and the Congress to “fill in the gaps of investor protection in these...
Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes
22.5.2021
According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only...
New OCC head requests review of cryptocurrency rules
19.5.2021
The new head of the OCC thinks that the authority’s crypto rulemaking under Brian Brooks was not done in full coordination with all stakeholders