Bookmarking Crypto Insights
DIGIT Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000. Go to Source Powered by WPeMatico
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. Go to Source Powered by WPeMatico
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent and detect “their possible use for money laundering or terrorism financing.” Moreover, “anonymous crypto asset wallets will be prohibited.” New EU Rules Ban Anonymous Crypto Transactions and Wallets The European Commission presented a set of … Read more
The project said it would be paying roughly 6,000 farmers for crops adversely affected by climate change before the end of the season. Go to Source Powered by WPeMatico
Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say. Go to Source Powered by WPeMatico
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space. Go to Source Powered by WPeMatico
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. Go to Source Powered by WPeMatico
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said. Go to Source Powered by WPeMatico
It is not the cryptocurrency industry that is an exploitative hustle, it is our capitalist world, and crypto is here to change it for good. Go to Source Powered by WPeMatico
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital assets. New Legislation to Regulate Turkey’s Crypto Market Following in the footsteps … Read more
