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Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency
16.11.2021
At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal...
Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’
16.11.2021
Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank.
In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber...
Investments in Bitcoin Increased, in Ethereum - Dropped + More News
16.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
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Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry
16.11.2021
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting was an outcome of a consultative process involving the central bank, the Reserve Bank of India (RBI), the Ministry of Finance, and the Home Ministry. PM Modi...
Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'
16.11.2021
The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment....
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Binance Releases Bill of Rights for Crypto Users
16.11.2021
Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a "technology company to a financial services company." Along those lines, the exchange published a 'crypto bill...
US Infra Act: Cryptoverse Says the Fight Isn’t Over, But Things Could Get ‘Messy’
16.11.2021
Crypto advocates have vowed to keep fighting the controversial Infrastructure Investment and Jobs Act despite the fact that the United States President Joe Biden signed the act into law on Monday, leaving much-maligned “digital asset broker” status clauses intact....
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Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude
16.11.2021
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...
Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market
16.11.2021
Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar....
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China warns state-owned enterprises to cease involvement in Bitcoin mining
16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies
BTC Markets hires former ASX and Tyro executives to advisory board
16.11.2021
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets
Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now
16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...
President Biden signs infrastructure bill into law, mandating broker reporting requirements
15.11.2021
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8
Law Decoded: Crypto cities, investor protection nation, Nov. 8–15
15.11.2021
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around
London assembly member calls for ban on crypto ads in trains and buses
15.11.2021
The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London's public transport
Indian Parliament Committee Discusses Crypto Regulation With Industry Experts
15.11.2021
India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated”...
Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies
15.11.2021
The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is...
All-Time High Weekly Close for Bitcoin Boosts Sentiment as 2022 Nears
15.11.2021
The bitcoin (BTC) price closed last week above the USD 65,000 mark, the highest level ever for the cryptocurrency. The new milestone boosted sentiment among bitcoin holders, with many being optimistic that bullish predictions for the remainder of 2021 will come true....
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Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire
15.11.2021
A massive advertising campaign in London launched by Floki Inu (FLK), a memecoin named after Tesla chief Elon Musk’s Shiba Inu dog, has pushed some local politicians to demand a ban on ads featuring unregulated financial products displayed by Transport for London (TfL)....
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