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US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...
SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
8.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real...
Tesla CEO Elon Musk Opposes ‘Hasty’ Cryptocurrency Regulation
7.8.2021
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. government should not pick winners or losers in cryptocurrency innovation. Elon Musk and Coinbase CEO Agree on Crypto Regulation Tesla CEO Elon Musk...
US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto
7.8.2021
U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said. US Senator Urges Lawmakers Not to Crush Crypto Innovation Following...
South African Start-Up Aims To Shield Merchants From Crypto Price Swings
5.8.2021
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented...
Bitcoin 'Innovation Is Real' & 9 Other Key Takeaways From Speech By SEC Chair
4.8.2021
This is a speech by the US Securities and Exchange Commission (SEC) chief Gary Gensler before the Aspen Security Forum on August 3.
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Top 10 key statements:
Satoshi Nakamoto’s innovation is real. It has been and could continue to be a catalyst for change in the fields of finance and money.No...
US Infrastructure Bill Hurts Privacy, Innovation & Decentralization - EFF
3.8.2021
Source: Adobe/DEN_EFC
The US Senate draft of President Joe Biden's infrastructure bill "contains a poorly crafted provision that could create new surveillance requirements for many within the blockchain ecosystem" - potentially including developers and other entities who do not control...
'Nakamoto's innovation is real,' says SEC Chair Gary Gensler
3.8.2021
Gary Gensler describes Satoshi Nakamoto as an important innovator in cryptography and that their "innovation spurred the development of crypto assets and the underlying blockchain technology."
Mastercard Launches Global Program to Help Cryptocurrency Startups Scale Their Innovations
28.7.2021
Payments giant Mastercard has launched a new, global program for cryptocurrency startups. Seven crypto companies have already joined the program. Together with Mastercard, they will work to “expand and accelerate innovation around digital asset technology and make it safer and easier...
Solana hackathon aims to bolster crypto innovation in India
27.7.2021
Solana invites students, Web2 & Web3 developers, engineers and anyone looking to get into crypto organized in collaboration
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...
Amazon’s Payment Team Hiring Digital Currency Expert to Develop Cryptocurrency Strategy and Products
24.7.2021
Amazon’s Payments Acceptance & Experience team is hiring a digital currency and blockchain expert to develop the company’s digital currency and blockchain strategy and product roadmap, including a launch strategy. “We’re inspired by the innovation happening in...
Argentinian Province Misiones Plans to Issue Its Own Stablecoin
23.7.2021
The Argentinian province of Misiones plans to issue its own stablecoin in the future. This is one of the objectives that a recently approved law, the Missionary Financial Innovation Program with Blockchain and Cryptocurrency Technology, proposes. Misiones will also use a blockchain to issue...
Mars4 Leads Innovation in Blockchain With NFT and DeFi Powered Metaverse
22.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
20 July, 2021,
Metaverses and NFT gaming in the crypto space are very successful and currently the talk of the town with Axie Infinity setting new records in virtual land sales and the likes of Decentraland...
Study suggests Canadian CBDC could promote digital innovation within the country
20.7.2021
The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction fees from debit and credit cards
Neon Labs deploys cross-chain Ethereum Virtual Machine on Solana
20.7.2021
Solana CEO Anatoly Yakovenko said Neon Labs’ Ethereum Virtual Machine “represents a commitment to a multi-chain future.”
Chinese artist showcases NFT real estate at Alibaba-sponsored innovation festival
19.7.2021
NFT artworks depicting “socialist cyberpunk” housing are being showcased at the Taobao Maker Festival in Shanghai
Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
18.7.2021
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with...
Spotlight on Asia’s Best Innovators at the Asia Innovation Summit 2021
16.7.2021
The largest online conference in Asia with over 7,000 attendees participating in 20+ Panel Discussions, Tech Talks, and contextual networking sessions Powered by Lumos Labs, Woodstock Fund, Dao Maker, and Tezos Bangalore, July 14, 2021: Global blockchain player, Lumos Labs, an innovation...
Musée – the User Owned NFT Marketplace and Gallery
7.7.2021
2021 continues to bear witness to the continual rise in non-fungible token (NFT) prevalence and innovation. Following on from 2020 – where the NFT market was claimed to have tripled in total transaction value – NFT sales in just the first quarter of 2021 reached over a whopping...