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Italian central bank calls for stablecoin regulations in new report
The Bank of Italy (Banca d’Italia), called for thorough stablecoin regulations in a report published on June 28. Bank questions the reliability of stablecoins The central bank described cryptocurrency regulation in general but emphasized a need to regulate stablecoins, which it alleges “have not proved stable at all. дальше »
2023-7-1 01:00 | |
BlackRock calls AI a ‘mega force’
BlackRock acknowledged artificial intelligence (AI) as one major economic shift in a mid-year outlook report published on June 28. BlackRock calls AI a “digital disruption” The asset management giant called artificial intelligence a “digital disruption” and a force that can be leveraged through new investment opportunities. дальше »
2023-6-29 09:34 | |
Canadian lawmakers publish recommendations in support of blockchain adoption
While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate. дальше »
2023-6-29 06:00 | |
Reclusive Binance co-founder Yi He speaks on SEC case
Binance’s famously private co-founder and CMO, Yi He, commented on the company’s regulatory standing in an interview published by Bloomberg on June 28. Yi He discusses regulations In several interviews, Yi He commented on regulatory challenges, noting: “If [regulators] really took the time to understand our industry, they would see that if Binance isn’t compliant, […] The post Reclusive Binance co-founder Yi He speaks on SEC case appeared first on CryptoSlate. дальше »
2023-6-29 23:32 | |
OKX’s monthly reserves report shows over $11.3b in crypto holdings
Crypto exchange OKX, a well-known exchange, has published its eighth consecutive monthly report on proof-of-reserves (PoR). The report reveals the balances of BTC, ETH, and USDT held by OKX, totaling a significant amount of $11.3 billion. According to the report,… дальше »
2023-6-28 12:49 | |
Singapore regulator backs private networks over public in framework for digital assets
The Monetary Authority of Singapore published a framework on June 26 detailing the benefits of decentralized finance (DeFi) and how it can fit into the financial system of the world. The regulator believes that private blockchain networks are the best option for financial market infrastructure due to their centralized nature. дальше »
2023-6-26 20:36 | |
IMF Highlights Effective Management of Crypto Risks While Encouraging CBDC Adoption
In a blog post published on Thursday, the IMF underlined that a few nations in the LAC region have decided to outright prohibit cryptocurrencies due to their associated risks. However, the IMF cautions that a ban could not be a viable long-term option. дальше »
2023-6-23 11:22 | |
Polygon's PoS chain to transition to a ZK layer-2 solution? Details inside...
zkEVM Validum will gain the advantage of lower fees and higher scalability over zkEVM rollup. The proposal was published by keeping in mind the core vision of Polygon 2.0. In a major milesThe post Polygon's PoS chain to transition to a ZK layer-2 solution? Details inside... appeared first on AMBCrypto. дальше »
2023-6-22 04:30 | |
Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards for the use of digital money. This crypto-friendly act is a testament to the growing adoption of digital assets in the island country of Singapore. дальше »
2023-6-21 18:00 | |
Global crypto revenue to hit $1.1 trillion by 2030 amid increased crypto adoption: report
The global crypto revenue is projected to reach $1. 1 trillion in the next seven years, according to a new report on the industry’s growth. In its recently published report dubbed “Thematic Intelligence: Cryptocurrencies,” GlobalData, key trends likely to impact the growth of crypto over the next few years will be macroeconomic trends and crypto regulation. дальше »
2023-6-21 22:19 | |
ZachXBT Slapped With Defamation Lawsuit For MachiBigBrother Expos
A throwback article just came back to haunt one of the crypto industry’s favorite crypto investigators. ZachXBT, a popular crypto on-chain sleuth recently got slapped with a defamatory lawsuit over an article he published last year. дальше »
2023-6-17 16:00 | |
Bank of England Completes Key Retail CBDC Study, Moves One Step Closer to Digital Pound
The Bank of England and the Bank of International Settlements have published the findings of their latest investigation into retail CBDCs. The post Bank of England Completes Key Retail CBDC Study, Moves One Step Closer to Digital Pound appeared first on BeInCrypto. дальше »
2023-6-17 15:30 | |
Crypto sleuth ZachXBT sued in defamation case, invites donations
ZachXBT, an on-chain crypto “sleuth”, is named in a June 15 lawsuit that alleges he published a defamatory article. Crypto entrepreneur Machi Big Brother wrote on June 16: A year ago, [ZachXBT] published a Medium article about me that damaged my reputation … I have consistently maintained that the allegations in his article are false. дальше »
2023-6-17 03:58 | |
Binance withdraws from Netherlands following VASP license snub
Binance, one of the world’s largest cryptocurrency exchanges, has recently announced its departure from the Dutch market. According to a notice published by the company, the company had failed to secure registration as a virtual asset service provider (VASP) – despite exploring “many alternative avenues” with Dutch regulators. дальше »
2023-6-16 12:55 | |
Brazil has adopted a law on cryptocurrencies and has given the Central Bank the powers of a regulator
Brazil has become one of the first countries in the world to adopt a comprehensive law regulating the cryptocurrency and virtual assets market. The law was published in the official journal of the government on June 14 and will come into force in six days. дальше »
2023-6-15 22:04 | |
SEC Emails Reveal: Hinman Wasn’t Only Official Deliberating ETH Security
Recently released email exchanges from 2018 reveal that multiple U.S. Securities and Exchange Commission (SEC) officials were in deliberation over Ethers status as a security. These emails were published by... дальше »
2023-6-14 18:48 | |
Hedera, Fantom, XRP, Filecoin prices rise as US inflation dips
The headline consumer price index dropped to 4. 0% in May. The data came as the FOMC prepares to conduct its June meeting. Economists expect that the bank will leave interest rates unchanged. Altcoin prices jumped on Tuesday after the US published encouraging consumer inflation data. дальше »
2023-6-13 15:59 | |
Ripple Vs. SEC: Hinman Docs Are Out, XRP Is Up 8%
The eagerly awaited “Hinman documents” in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) have been published today! After the XRP price initially reacted moderately, the altcoin experienced a rise of about 6% at the time of writing. дальше »
2023-6-13 14:55 | |
Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing
Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate. дальше »
2023-6-13 01:07 | |
EU’s Crypto Law MiCA Receives Publication In Official Journal
The European Union’s Markets in Crypto Assets law (MiCA) has been published in the Official Journal of the European Union (OJEU), marking the beginning of the implementation of comprehensive cryptocurrency licensing regulations. дальше »
2023-6-10 21:00 | |
Exodus sees Q1 revenue drop to $13M but reports high customer loyalty
Crypto wallet company Exodus published its Q1 report on June 8, reporting over $13 million in revenue and its active users remained largely consistent and only saw a small decline. Exodus Movement Inc. дальше »
2023-6-9 02:48 | |
Less Than 100 XRP Needed To Become A Millionaire? New Research Suggests
Valhil Capital has published a new research paper assessing the fair value of XRP, and the results are astronomical. The private equity firm explains in the research paper, using six pricing models, that the fair value is somewhere between $3,500 and $21,900 per token. дальше »
2023-6-8 12:45 | |
Republican lawmakers distinguish crypto commodities and securities in draft bill
Republican House members published a draft bill on June 2 that aims to set out clear roles for regulators in the crypto industry. SEC’s abilities The draft bill specifically aims to separate the regulation of cryptocurrencies as securities from the regulation of cryptocurrencies as commodities. дальше »
2023-6-3 01:37 | |
CFTC Moves To Reassess Risk Management – Could This Mean Big Changes For Crypto?
As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation. The Commodity Futures Trading Commission (CFTC) has published an advanced notice of proposed rulemaking (ANPRM) seeking public comment on potential amendments to the Risk Management Program (RMP) requirements in […] дальше »
2023-6-3 23:00 | |
China publishes national blockchain standard
China’s Ministry of Industry and Information Technology (MIIT) has published a national standard for blockchain technology to guide the development of the industry in the country, a state-run news channel CGTN reported on June 2. дальше »
2023-6-2 17:30 | |
Uniswap’s proposal to collect fees from LPs stumbles during first poll
A poll of Uniswap’s governance community on June 1 found divided support for a feature that could eventually draw fees from liquidity providers. Poll finds mixed support On May 10, GFX Labs published a proposal titled “Making Protocol Fees Operational,” which suggests collecting fees from liquidity providers for a project treasury. дальше »
2023-6-2 03:26 | |
Polygon's zkEVM vs zkSync - The 'how' of it all
zkEVM’s number of transactions reached a new all-time high on 25 May. zkSync was still ahead of zkEVM in terms of active addresses and transactions. Polygon [MATIC] published a new blog hiThe post Polygon's zkEVM vs zkSync - The 'how' of it all appeared first on AMBCrypto. дальше »
2023-5-31 21:30 | |
CoinDesk Apologizes to Alex Grebnev
On 25 May 2023 we published a story headed “Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by Coin Telegraph Owner Gregory Fishman. ” Those individuals are engaged in a lawsuit (a claim and counterclaim) in the High Court in London relating to the meaning and effect of a 2020 US$750,000 option agreement. дальше »
2023-6-1 20:45 | |
UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
UK Prime Minister Rishi Sunak aims to update his government’s guidelines around regulating artificial intelligence (AI) and its development, The Guardian reported May 26. Earlier suggestions are out of date The Guardian said that Sunak’s government published a white paper in March, but the suggestions in that paper are now out of date. дальше »
2023-5-27 00:02 | |
DLT Viable Solution For Cross-border, Multi-currency Payments – New York Fed/MAS Study
In a May 18, 2023 press release, the New York Fed and the Monetary Authority of Singapore (MAS) published the results of a research study, known as Project Cedar Phase II x Ubin+. Project Cedar is a Federal Reserve Bank of New York’s New York Innovation Center initiative that seeks to develop a technical framework […] дальше »
2023-5-27 23:59 | |
Norges Bank urges nation to forge ahead with national crypto regulation
In a recently published report, Norway's central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies. дальше »
2023-5-25 22:50 | |
How to make money with ChatGPT
Earlier this month, CNBC published a report which claimed that the shares of online education company Chegg had fallen as ChatGPT hampered its expansion. The firm, which provides homework help and onlThe post How to make money with ChatGPT appeared first on AMBCrypto. дальше »
2023-5-25 15:30 | |
Hong Kong SFC eases requirements as exchanges face crypto talent crunch
Hong Kong is gearing up to usher in a new regime for virtual asset regulation. The Securities and Futures Commission (SFC) published the conclusions from its weeks-long consultation on regulatory guidelines for crypto platforms on May 23. дальше »
2023-5-24 18:32 | |
Global securities watchdog urges governments to regulate crypto like traditional financial assets
The International Organization of Securities Commissions (IOSCO) published a statement today contending that cryptocurrencies should be treated in the same way as traditional financial assets, such as stocks and bonds, as they are very similar in nature. дальше »
2023-5-23 20:50 | |
Treasury Secretary Yellen repeats warning of US debt default
U.S. Secretary of the Treasury Janet Yellen published a letter on May 22 warning of a debt default within as little as ten days. Inability to pay bills Yellen wrote in a letter to U.S. Congress: “… It is highly likely that Treasury will no longer be able to satisfy all of the government’s obligations […] The post Treasury Secretary Yellen repeats warning of US debt default appeared first on CryptoSlate. дальше »
2023-5-23 02:15 | |
Vitalik Buterin highlights Ethereum (ETH) consensus limitations
Ethereum (ETH)‘s co-founder recently published a blog warning against overloading the Ethereum consensus. The post revealed several developers and users watching to ensure correct chain recovery upon crypto-economic consensus failure. дальше »
2023-5-24 15:04 | |
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said. дальше »
2023-5-19 04:41 | |
Tether to allocate 15% of its profits to purchase Bitcoin
The latest Tether news is that the company behind the leading stablecoin in the market USDT, is looking to allocate a portion of its profits towards the purchase of Bitcoin. The “investment strategy [is] aimed at further strengthening its reserves portfolio,” Tether said in a press release published on Wednesday. дальше »
2023-5-18 16:59 | |
Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling
A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. дальше »
2023-5-17 13:30 | |