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The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm of … Read more
The DC-based non profit believes the SEC is making a gross overreach with its new proposed definition of exchange as it would include the means of communication and not just trade. Go to Source Powered by WPeMatico
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan. Go to Source Powered by WPeMatico
After launching a museum district with a long list of top NFTs, punk6529 bullishly told their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.” Go to Source Powered by WPeMatico
Ripple CEO Brad Garlinghouse told attendees of the Paris Blockchain Week that the ongoing case with the SEC is going exceedingly well. Go to Source Powered by WPeMatico
The CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will “become bigger” and NFTs will continue to “grow very significantly.” CEO on Amazon Accepting Crypto Payments and Selling NFTs Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an interview with … Read more
Absolut Vodka is celebrating its tenth anniversary by bringing an experience to Decentraland’s Metaverse in a new experience called Absolut Land. Launching its experience during Coachella on April 15th, the collaborative partnership will be one-of-a-kind cooperation enabling users to get exclusive gear, collet-to-earn rewards, and teleport to Coachella IRL! Let’s take a closer look at … Read more
MicroStrategy will not be taking a break from buying and hodling Bitcoin any time soon according to a letter to investors from the company’s CEO, Michael Saylor. Go to Source Powered by WPeMatico
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor and founder of … Read more
Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (NFTs). The new service allows 90 million LINE users to send and exchange NFTs with their friends. ‘LINE NFT’ Marketplace Launched LVC Corp., the operator of LINE’s crypto asset and blockchain businesses, announced Wednesday that it has launched LINE NFT, … Read more