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Nalezeno "News": 121720

Uruguay Introduces Cryptocurrency Law in Parliament

13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...

Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO

13.9.2022
While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus

Mean Girls set to make Web3 comeback as “crypto-collectibles”

13.9.2022
Newly filed trademarks from Paramount Pictures suggest elements of the teen cult classic may come back in the form of "crypto-collectibles" and non-fungible tokens (NFTs)

Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says

13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...

Bitcoin Holds Strong While Ethereum Dips, RVN Jumps

13.9.2022
Bitcoin price gained pace and settled above the USD 22,000 pivot level. BTC is currently (04:00 UTC) showing positive signs and eyeing more upsides. If there is a correction, the bulls might appear near USD 21,500. Besides, most major altcoins are slowly moving lower. ETH declined a few points...

Canadia's new opposition leader is a Bitcoiner

13.9.2022
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance

Ubisoft cools off on NFTs and blockchain, says it's in 'research mode'

13.9.2022
Ubisoft CEO Yves Guillemot appears to be walking back some of the company's enthusiasm for NFTs, months after receiving strong pushback for its NFT project Quartz

Merge 'jitters' sees outflow from Ether-based investment products

13.9.2022
CoinShares' head of research James Butterfill said the outflows come despite "the improved certainty of the Merge."

Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors

13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...

Tokenization of illiquid assets to reach $16T by 2030 — Report

13.9.2022
A large chunk of the world's wealth today is locked in illiquid assets, notes the report's authors

Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’

13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...

Blockchain Association unveils BA PAC to support pro-crypto from both US parties

13.9.2022
The trade group includes many of the industry’s biggest names among its members; director Kristin Smith calls them “a great group to help steer the success of this enterprise.”

Abra announces plans for US bank supporting digital assets

12.9.2022
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively

‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%

12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...