Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law

Shanghai High Court Declares Bitcoin Is Virtual Asset With Economic Value Protected by Chinese LawThe Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value. Bitcoin Is Property Protected by Law in China The Shanghai High People’s Court has declared that bitcoin qualifies as a virtual asset protected by Chinese law despite the ban […]

Go to Source

Powered by WPeMatico

‘Dr. Doom’ Nouriel Roubini to Launch Tokenized Dollar Replacement — With Payment and ESG Features

'Dr. Doom' Nouriel Roubini to Launch Tokenized Dollar Replacement — a Global Store of Value With Payment and Serious ESG FeaturesEconomist Nouriel Roubini, a crypto skeptic known as “Dr. Doom,” is developing a tokenized asset intended to be a more resilient U.S. dollar. “Our goal is to create a global store of value … This is something akin to a substitute for Treasuries, or a digital asset that has payment features in it.” Nouriel Roubini’s […]

Go to Source

Powered by WPeMatico

Top 3 Metaverse Crypto Coins Below $27 Million Market Cap to Watch in May 2022

The past week has been extremely rough for cryptocurrency markets, with most Metaverse crypto coins dropping 30-40% in the past seven days. For those brave enough to buy the dip, this makes it an excellent opportunity to accumulate underrated projects with long-term potential that could see significant price growth in the coming months. This article looks at the top three Metaverse crypto coins below a $27 million market cap to watch in May 2022. Note: The list below is ordered by the current market capitalization, lowest to highest. 3. Star Atlas (ATLAS) – $25.5 million Launched in September 2021, Star

The post Top 3 Metaverse Crypto Coins Below $27 Million Market Cap to Watch in May 2022 appeared first on The Merkle News.

Go to Source

Powered by WPeMatico

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates

Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets AcceleratesSeveral major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto adoption.” The latest funding round values the company at $1.25 billion. Citi, Wells Fargo, BNY Mellon Participate in $105M Funding Round for Digital Asset Tech […]

Go to Source

Powered by WPeMatico