The time has come for policymakers and regulators to provide a workable pathway that allows blockchain tech to develop and grow. In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram. She declined to comment at the time, as SEC officials do…
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Venezuelan mayors agreed to join the government’s plan to expand the adoption of Petro despite some municipalities not having the technology to handle it. The Bolivarian Council of Mayors in Venezuela signed the so-called “National Tax Harmonization Agreement” for 305 municipalities in the country, including the Petro (PTR) as a means to collect payments of…
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Grayscale Investments released a 30-second TV spot on its nine crypto trusts on major news networks this Monday. Amid sky-high expectations, the latest television ad from Grayscale Investments has proven a disappointment to many Bitcoiners. The 30-second ad is running on business and finance cable TV channels and there were hopes before it was unveiled…
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File this one in the “stranger than fiction” category. A resident from Lincolnshire, United Kingdom, was accused by local authorities of attempting to blackmail the supermarket chain, Tesco. According to The Yorkshire Post, Nigel Wright, a sheep farmer, allegedly wrote Tesco a series of letters claiming that he had planted contaminated baby food in their…
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A contested election between president Alexander Lukashenko and Svetlana Tikhanovskaya leaves the future of crypto in Belarus in limbo. Protests have erupted in Belarus following the country’s presidential election on Sunday, but the possible continued presidency of Alexander Lukashenko may be good news for crypto. Lukashenko reportedly won re-election against opposition candidate Svetlana Tikhanovskaya in…
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Scammers are going to greater lengths than ever to acquire other people’s crypto. A new cryptocurrency scam in India is targeting wealthy individuals using a fake mobile app. According to India TV News, cybercriminals are targeting high income individuals across India. Victims receive messages through social media groups asking them to sell and buy Bitcoin…
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Binance’s debit card process makes it a more of a centralized bank-like institution than the decentralized tech dreamed by Bitcoin’s creator. Satoshi Nakamoto years ago envisioned an ecosystem that would be independent of the centralized financial system that dominates the global economy today. His creation sparked a global community of enthusiasts and an entire industry…
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The regulator responsible for issuing licenses to crypto firms in NY greenlisted 8 coins for trading, including all 3 Paxos tokens. The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities. According to a Aug. 3…
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The president of the Minneapolis Federal Reserve calls for stricter lockdowns to help save the economy. The president of the Minneapolis Federal Reserve, who once claimed the Federal Reserve was flush with cash, called for a nationwide lockdown to fight COVID-19. In an op-ed in The New York Times, Neel Kashkari and co-writer Michael T.…
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Strategies from the world of traditional finance could offer promise for miners who want to lower the risk associated with holding inventory. To a newcomer, crypto mining may sound deceptively easy — essentially, a way to switch on a machine, walk away and watch the lucrative crypto rewards roll in. But the reality is a…
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