Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from. Go to Source Powered by WPeMatico
Month: December 2022
Institutional investors still eye crypto despite the FTX collapse
Data sent by crypto exchange Bitstamp shows that institutional registrations in the trading platform increased by 57% in November. Go to Source Powered by WPeMatico
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed to the concurrent crises.” Impact of the … Read more
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia. Go to Source Powered by WPeMatico
BTC price hits new December low as Bitcoin dips 2% with Asia stocks
Bitcoin fails to hold $17,000 as BTC price correlation with Asia stocks stands out on the day. Go to Source Powered by WPeMatico
Japan recommends against algorithmic backing in stablecoins
The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins. Go to Source Powered by WPeMatico
Decentraland launches virtual property renting for LAND owners
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace. Go to Source Powered by WPeMatico
Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.” Go to Source Powered by WPeMatico
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell Partners With Ledger to Launch a New Crypto Hardware Wallet … Read more
US lawmakers want State Department to justify crypto rewards and disclose payouts
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it’s more encouraging for whistleblowers. Go to Source Powered by WPeMatico
