Flatcoiners should take a cue from TerraUSD's fate

Flatcoiners should take a cue from TerraUSD's fate
фото показано с : cointelegraph.com

2023-4-15 02:43

Flatcoins need to provide a more stable and decentralized alternative to traditional currencies — otherwise, they’re nothing but investment vehicles. origin »

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currencies traditional alternative decentralized otherwise investment vehicles

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New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms.

2022-4-10 21:49


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Citing Inflation Disaster, Forbes’ Avik Roy Explains Why The United States Should Embrace Bitcoin

The fact that Bitcoin is now a significant innovation rather than a fad that could soon render the dollar and most fiat currencies ineffective cannot be further from the truth. In the recent past, the crypto asset has steadily proven its value, emerging strongly from traditional iniquities that have always plagued fiat currencies due to […]

2021-10-18 16:22


Cryptocurrencies Are Elevating The Lives & Livelihoods Of Millions Across Under-Developed Economies

This year, the use and acceptance of cryptocurrencies have experienced brisk expansion, especially in developing and under-developed regions like Latin America and Africa. Clouded by hyperinflation, decades of political and economic problems, feeble national currencies, and scarcity of traditional financial services, young populations within these regions with access to smartphones and the internet are playing a critical role in driving the mainstream adoption of cryptocurrencies.

2021-10-15 21:11


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SEC Chairman Gensler Says Some Stablecoins Could Qualify as Securities

Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More

2021-7-22 04:00


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World’s Leading Auction House Sotheby Now Accepts Bitcoin And Ethereum For Payments Via Partnership With Coinbase

One of the world’s most respected auction houses, Sotheby, is now accepting two leading cryptocurrencies as a form of payment. Sotheby Will Let You Pay For Artwork Using Bitcoin, Ethereum An increasing number of companies have started to accept digital currencies as a payment alternative, taking the asset class that had been dismissed by traditional […]

2021-5-4 18:03


IRS is Developing ‘Exploitation Techniques’ to Break Into Crypto Wallets

According to its March report, the emergence and rapid adoption of cryptographic currencies have created a gap in digital forensic capabilities, and the decentralization and anonymity provided by cryptos are fostering an environment for the storage and exchange of value outside of the traditional purview of law enforcement and regulatory organizations.

2021-5-1 21:10


China Sets the Stage for Central Bank Digital Currencies, Proposing Global Rules for Nations

China recently proposed a set of global guidelines on central bank digital currencies (CBDC) earlier this Thursday, discussing potential uses and implications of a sovereign digital currency. With the coronavirus pandemic exposing inefficiencies in traditional payment systems, there has been a growing need to digitize legacy financial infrastructure.

2021-3-26 11:28


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Digital currencies disrupting the traditional finance world

Digital currencies, which include the well-known Bitcoin, Qoin, and Ethereum among others, are taking off across the world, particularly in emerging markets. The growth of digital currencies is bringing transformational change to the finance sector, partially as a result of adaptations that must be made by traditional financial institutions in order to stay competitive in a digital […]

2021-1-11 21:50


Does Bitcoin's layered solutions threaten its competition or its decentralization?

While Bitcoin was initially positioned as the future currency that would make traditional fiat currencies obsolete, the king coin's decentralized nature and its consensus mechanism have stood in the wThe post Does Bitcoin's layered solutions threaten its competition or its decentralization? appeared first on AMBCrypto.

2020-5-25 19:00