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Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’
16.10.2021
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks...
Epic Games Store Will 'Welcome' NFT Games After Steam Bans Them
16.10.2021
Epic Games and its CEO Tim Sweeney are open to letting games that use blockchain technology and NFTs onto its PC store, even as NFTs continue to be criticized for being a giant, planet-burning scam filled with grifters. This follows Valve’s decision to remove and ban all games that utilize NFTs...
Guernsey regulator approves Jacobi Asset Management’s Bitcoin ETF launch
16.10.2021
GFSC-approved Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument supported by Fidelity Digital Assets-provided Bitcoin custody
Asian CBDC projects: What are they doing now?
16.10.2021
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
Impossible to Run Away From Cryptocurrencies Says Zimbabwe Finance Minister
16.10.2021
Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s youth are now invested in cryptocurrencies....
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
16.10.2021
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch....
Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value
16.10.2021
Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s too early to do that in oil trade. While noting that it lacks backing, the Russian...
Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally
15.10.2021
Altcoin projects focused on privacy caught a bid today as the bullish sentiment building over a possible Bitcoin ETF approval spreads across the market
Valve removes blockchain games, tells users not to publish content on crypto or NFTs
15.10.2021
“Steam's point of view is that items have value and they don't allow items that can have real-world value on their platform,” claimed one game developer
Good Riddance: Steam Bans Games That Feature Crypto And NFTs
15.10.2021
Damn. Good Guy Steam is (sort of) back. The developer of an upcoming NFT-based PC game revealed in a tweet that Steam is no longer allowing games built on blockchain technology or that “issue or allow exchange of cryptocurrencies or NFTs.” Indeed, Valve’s onboarding rules page now says exactly...
Bitcoin all-time highs 'just a matter of time' after a BTC ETF approval looks certain
15.10.2021
Bitcoin price spikes above $61,800 as the promise of a BTC ETF approval reignites the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year
NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq
15.10.2021
NFT art and sales dominated headlines all throughout 2021, and now that crypto has gone mainstream, Shaq says the sector is primed for expansion
How will DOJ’s new crypto enforcement team change the game for industry players, good and bad?
15.10.2021
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place
CFTC slaps Tether and Bitfinex with a combined $42.5 million fine
15.10.2021
The settlement triggered concerns that the CFTC's role in stablecoin regulation could be misunderstood by the public
Bank of Russia to assess Bitcoin holdings volumes as $36M leave banks
15.10.2021
The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account
Second largest US mortgage lender UWM dumps Bitcoin payment plans
15.10.2021
United Wholesale Mortgage previously announced plans to test Bitcoin and Ether for mortgage payments in August
Bitcoin-related altcoins surge as BTC ETF rumors spread across the sector
15.10.2021
Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event
What else is moving as Bitcoin price inches toward a new ATH?
14.10.2021
ALCX and SLP are flashing bottoming signals while BTC is steadily climbing toward $60,000
Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation
14.10.2021
One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter
Mexico's president rules out accepting crypto as legal tender
14.10.2021
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject