DeFi cannot be fully regulated, Siam Commercial Bank president says
Dr. Arak Sutivong, CEO of SCB 10X, believes DeFi requires a framework for long-term and sustainable interactions with traditional finance. Go to Source Powered by WPeMatico
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Users Criticize Uniswap’s Decision to Remove Over 100 Tokens From Main Interface
The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens via accessing specific smart contracts themselves, as the company behind … Read more
DeFi industry draws in commercial banks? Siam bets with $110M fund
Thailand’s oldest bank sees blockchain and DeFi as the future of global finance and is seeking to invest in the emerging digital landscape. Go to Source Powered by WPeMatico
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds. Go to Source Powered by WPeMatico
Altcoin roundup: Crypto credit cards could be the missing link to mass adoption
Hodling is nice, but eventually, everyone wants to buy something. This is why crypto debit and credit cards are key to mass adoption. Go to Source Powered by WPeMatico
Rangers Protocol launches Ethereum Virtual Machine-compatible testnet
The project is branding its testnet as useful to “new developers without blockchain background knowledge.” Go to Source Powered by WPeMatico
Reddit deploys layer-2 solution aimed at scaling Ethereum-based community points
“You’ll notice transactions happen much faster, and once you’ve created a Vault, you won’t have to keep claiming Moons every month,” said Reddit if the solution is migrated to the Ethereum mainnet. Go to Source Powered by WPeMatico
Stacks (STX) price rallies 195% after revealing plans to bring DeFi to Bitcoin
STX price rallied 195% after the introduction of smart contracts enabled the launch of DeFi and NFTs on the Bitcoin network. Go to Source Powered by WPeMatico
Reserve Bank of India mulls first steps toward an eventual CBDC
RBI is looking for ways to test a CBDC while causing little to no disruption for the bank’s status quo. Go to Source Powered by WPeMatico
Alabama regulators accuse BlockFi of offering unregistered securities
BlockFi continues rejecting securities regulators’ allegations that its Interest Accounts are unregistered securities. Go to Source Powered by WPeMatico