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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More дальше »

2021-3-24 16:30


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What Makes DeFi More Disruptive than Bitcoin

The blockchain industry has managed to disrupt financial markets the world over with its transparent operation and ease of understanding. Users can send and/or receive money in the form of cryptocurrency through the system with a distributed network of ledgers that keeps all transactions, contracts and accounts public, leaving no room for mediation or third-partyRead More дальше »

2021-3-20 18:30


Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act

The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector. дальше »

2021-3-18 19:31


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Billionaire Ray Dalio: U.S. Could Impose “Shocking” Tax Increases That’d Have Huge Consequences On Bitcoin

Billionaire hedge fund manager Ray Dalio is well known for his criticism of holding fiat money in the face of unprecedented money printing and runaway inflation. Now, Dalio asserts that bonds — or anything, really in dollars, is also not a safe investment play, especially with governments producing insane amounts of debt. In a recent […] дальше »

2021-3-16 20:03


Bakkt Awarded BitLicense by NYDFS, Allowing Trading in New York

Bitcoin custody firm, Bakkt Marketplace has emerged as the 29th company to receive a BitLicense from the New York State Department of Financial Services (DFS), per an official statement. Bakkt’s New Licenses In addition to the BitLicense, the bitcoin-focused subsidiary of Intercontinental Exchange was also granted a money transmitter license. дальше »

2021-3-13 21:18


Платформе Bakkt удалось получить BitLicense

Платформа для торговли биткоин-деривативами Bakkt получила разрешение на работу с резидентами штата Нью-Йорк от Управления финансовых услуг (NYDFS) — BitLicense. Supt. @LindaLacewell announces #NYDFS grants virtual currency and money transmitter licenses to @Bakkt. дальше »

2021-3-12 08:48


Goldman Sachs COO on BTC: No question in our mind there will be more use of digital money

With Bitcoin nearing its all-time high and bullish traders anticipating a $60,000 breach, it comes as no surprise that one of the largest investment banks is facing unprecedented client demand for theThe post Goldman Sachs COO on BTC: No question in our mind there will be more use of digital money appeared first on AMBCrypto. дальше »

2021-3-12 00:30


South African Crypto Firms Threaten To Leave Amid Regulatory Uncertainty

The arrival of crypto-assets in Africa was seen as the end of financial exclusion in a continent that has remained in the dark ages for so long. With cryptocurrencies making it possible for retail investors to dictate how they spend their money and what they get in return, the continent quickly embraced the industry. дальше »

2021-3-10 20:19