China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says Go to Source Powered by WPeMatico
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Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. Also read: Maduro’s Petro … Read more
Without Disobedience, Bitcoin Is No Better Than Gold
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely peer-to-peer electronic cash system and that third parties and regulators must be … Read more
The Reasons Why Blockchain Is Not Quite Ready for Facebook’s Dreams
Facebook is ready to enter the cryptocurrency arena but blockchain technology does not look ready enough for bright Facebook plans Go to Source Powered by WPeMatico
US SEC’s Crypto Mom: ‘I Think We Need to Be a Little Less Paternalistic’
U.S. SEC Commissioner Peirce, also known as Crypto Mom, encourages regulators to “be a little less paternalistic” Go to Source Powered by WPeMatico
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
The US Internal Revenue Service (IRS) might be tracking your crypto addresses Go to Source Powered by WPeMatico
US House Financial Services Committee and SEC: Whose Move on Crypto?
A follow-up to Tuesday’s U.S. House hearing with the SEC asks where to look for coming crypto regulation Go to Source Powered by WPeMatico
Brazilian Securities Regulator Bans Bitcoin, Forex Broker
Brazilian financial authorities shut down a forex broker offering Bitcoin options Go to Source Powered by WPeMatico
McAfee Hints Institutional Money Won’t Bring Bitcoin Revolution
In a tweet posted Monday, September 23, Libertarian presidential candidate and crypto rebel John McAfee wrote: “BAKKT goes live today. It is institutionalized and monitored … if you are “initiated” into crypto, then you certainly won’t use it and will spend time luring the new users into the Unlimited Crypto World.” The maverick anti-politician raises … Read more
Updates Ongoing: US House Hearing With Commissioners of the SEC
CT reports live from the House Financial Services Committee hearing with the SEC Go to Source Powered by WPeMatico