NFL reportedly bans teams from crypto advertisements and NFTS sales
The NFL has reportedly restricted cryptocurrency and NFTs until the league establishes a strategy “for sports digital trading cards and art.” Go to Source Powered by WPeMatico
Month: September 2021
African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency
A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African digital currency,” hence this needs to be considered. Cryptocurrencies Show the Way In remarks published by Joy Online, Obele insists that cryptocurrencies have already shown … Read more
Crypto exchange FTX launches NFT marketplace for US-based customers
Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year. Go to Source Powered by WPeMatico
BTC Markets taps licensed neobank Volt for integrated banking features
Fintech companies see an opportunity in the negligence and reluctance of traditional banks toward the cryptocurrency ecosystem. Go to Source Powered by WPeMatico
Regulating crypto could give it ‘halo’ of legitimacy, says UK watchdog
The chair of the United Kingdom’s Financial Conduct Authority has warned that overextending the reach of regulators could backfire in the case of some cryptocurrency tokens. Go to Source Powered by WPeMatico
US SEC releases fresh investor alert against crypto investment scams
The “rising popularity” of initial coin offerings, including cryptocurrencies, coins, and tokens, is considered the main reason for growing scams and exploits among retail investors. Go to Source Powered by WPeMatico
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure. This is the government’s answer … Read more
Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. Go to Source Powered by WPeMatico
BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week
It’s a bullish leap of faith as Monday begins with Bitcoin above $51,000 resistance and set to become an official national currency for the first time ever. Go to Source Powered by WPeMatico
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and … Read more
