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Bitcoin not a currency? South Africa to regulate crypto as financial asset
13.7.2022
South Africa’s Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months
Crypto needs regulation to mitigate risks, says Bank of England exec
11.7.2022
Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows
10.7.2022
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that...
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’
10.7.2022
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the stability of the broader financial system.”...
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
9.7.2022
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over...
5 events that could put an end to the current crypto bear market
8.7.2022
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
8.7.2022
Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms
8.7.2022
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current...
Credit unions warn about the cost of developing a CBDC
8.7.2022
A lobby group suggests supporting the credit union engagement instead, applicating consumer protection rights to digital assets holders
Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout
8.7.2022
Traders rejoice after BTC price spikes 7% to $21,800, but analysts say the macro downtrend is likely to prevail for the foreseeable future
Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — report
7.7.2022
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators
Key Bitcoin chart 'will confirm bottom is in' by July 15, says trader
7.7.2022
It's all about two moving averages crossing over as proof that BTC price action is done with the dip
Zimbabwe Central Bank: Gold Coin Sales to Commence in Late July
7.7.2022
Starting on July 25, the Zimbabwean public will be able to buy and hold gold coins which weigh one troy ounce each. In addition to their use as an alternative store of value, the central bank says the coins can be traded and used as “security for loans and credit facilities.” Coins...
Crypto owners banned from working on US Government crypto policies
7.7.2022
A new legal advisory notice from the US Office of Government Ethics prohibits any employee who owns cryptocurrency from working on Federal crypto regulation
Fed conference hears stablecoins may boost USD as global reserve currency
6.7.2022
The underlying tech of a central bank digital currency wasn’t enough to convince some panelists at a Fed conference that it could change the international currency system
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow
4.7.2022
India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI on Crypto’s Danger and Financial Stability Risks...
Bitcoin's inverse correlation with US dollar hits 17-month highs — what's next for BTC?
3.7.2022
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin
Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes
1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...
Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism
30.6.2022
India's central bank has been a vocal critic of cryptocurrencies over the years; it previously stated that CBDCs could thwart the adoption of digital assets