A new report by the International Monetary Fund (IMF) has moderated previous calls for outright bans of cryptocurrencies.
Tag: cryptos
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BLOCKCHAIN BATTLES
Cryptos were born in the wake of a major banking and financial crisis that unfolded in 2007-2008.
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NEW CONGRESSIONAL BILL: CRYPTO WON’T BE UNLEASHED UNLESS GENSLER IS CAGED
Crypto utility and innovation in the U.S. won’t truly take-off unless Gary Gensler is leashed.
That’s the premise of “The SEC Stabilization Act,” which was introduced this past week in Congress.
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CRYPTO OWNERSHIP WIDER THAN THOUGHT, STUDIES SHOW
Bitcoin has lost 60 percent of its value after peaking in November 2021. The FTX crypto exchange spectacularly collapsed last November, vaporizing billions of dollars in clients’ holdings. The U.S. is suing exchanges Binance and Coinbase.
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BLOCKCHAIN BATTLES
Call it more Chokepoint, or crippling “regulation by enforcement”, but the Securities and Exchange Commision (SEC) suing Binance and Coinbase in the space of two days galvanized crypto supporters and Congress last week.
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WEB3 THE KEY, POLYGON HEAD TELLS CONGRESS
It’s all about decentralization and putting users in control of their data and assets. That’s how Ryan Wyatt of Polygon Labs explained the fundamental importance of blockchain technologies to members of Congress this past week.
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CRYPTO WALLETS FOR NFTS MIGHT BE COMING WITH A FUTURE ETHEREUM UPGRADE
NFTs (Non-fungible Tokens) might have built-in crypto wallets, if a new development proposal is incorporated into the Ethereum network protocol.
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TRAD FOR DAD: FINANCIAL TIMES PROMOTES TRAD-FI FIRMS AS “SAFER” FOR CRYPTO EXPOSURE
Firms like Charles Schwab and Nomura are promoting new crypto services as a safer way to gain exposure to assets like Bitcoin and Ethereum, according to a recent Financial Times report. (“Traditional finance firms set to challenge digital pioneers,” 31 May 2023.)
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THIS WEEK IN SURVEILLANCE
The whole world needs a digital ID now more than ever, right?
With AI susceptible to use by “bad actors” to create video and voice prints that can realistically mimic anyone from celebrities like Joe Rogan, to AI visionaries like…well, Sam Altman of OpenAI, many are now saying that the case for digital IDs is getting more urgent.
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BLOCKCHAIN BATTLES
The draft of a bill that would provide clarity to class some crypto assets as digital commodities has been released by key Republican Chairs on the House Financial Services Committee and House Agriculture Committee.