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Biden administration is reportedly reviewing ‘gaps’ in crypto regulation
25.5.2021
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week
Bank of Indonesia joins central bank digital currency race
25.5.2021
After banning crypto payments back in 2017, Indonesia is looking to allow payments in a digital rupiah currency
Powers On... Why the SEC, CFTC or FTC needs to check in on Elon Musk’s frenzied crypto tweets
25.5.2021
Elon Musk, here we go again: It is not the first time his reckless tweeting has caused serious problems, but this time they’re for crypto
Bison Trails and Volt Capital bring 'secure staking' to Celo network
25.5.2021
“Bison Trails is committed to the growth of the crypto ecosystem and innovative networks like Celo,” said Joe Lallouz, CEO of Bison Trails
‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan
25.5.2021
Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital...
Gold hits four-month high following crypto crash
25.5.2021
Spot gold last week hit its highest price level since Jan. 8 after dipping to as low as $1,680 in early March
Greenpeace: Bitcoin energy problem speaks to wider challenge for internet’s future
25.5.2021
Greenpeace USA spoke to Cointelegraph about the organization's perspective on cryptocurrency and recent decision to scrap its Bitcoin donations channel
Tether mints more coins to break $60 billion market cap
25.5.2021
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted
Bank of Korea Seeking Technology to Develop Digital Currency
25.5.2021
South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to develop a test environment for the project. The news comes after major commercial banks expressed skepticism over their cooperation with domestic...
Chia raises $61M for ‘eco-friendly’ crypto despite critics
25.5.2021
Chia Network has raised $61 million in funding from leading tech investors including Andreesen Horowitz and Naval Ravikant for its supposedly eco-friendly crypto network
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
24.5.2021
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event."
Bitcoin Mining Council emerges following meeting with Michael Saylor and Elon Musk
24.5.2021
The CEO of MicroStrategy brokered a successful meeting between Elon Musk and North American Bitcoin miners
Total crypto market cap gains $400B as DeFi tokens lead the recovery
24.5.2021
Bitcoin’s move back to $38,000 triggered strong relief rallies in DeFi tokens and a handful of altcoins
Coinbase recruits former White House adviser to new policy role
24.5.2021
With expansion comes a greater focus on policy and regulatory issues. Coinbase’s hire comes with decades of experience in the public and private sectors
Cardano sees largest weekly inflows from institutional managers — CoinShares
24.5.2021
Environmental FUD concerning Bitcoin seems to be everywhere these days. But is it enticing more investors to seek out proof-of-stake projects?
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...
China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst
22.5.2021
China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. Digital Yuan Push Could Raise Demand for Crypto Boris...
Kenyan Regulator Commends Its Regulatory Sandbox— Says the Test Phase Enables It to Have Interactions With Innovators
21.5.2021
According to a new report published by the Capital Markets Authority (CMA) of Kenya, the country’s regulatory sandbox has now received 24 applications, queries, and proposals since March 2019. From this total, only seven firms have been admitted into the sandbox, and “a few more (are...
Bank of Russia to Launch Digital Ruble Prototype by End of Year
21.5.2021
The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on...