Bookmarking Crypto Insights
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The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary legislation has been put in place. Protecting Investors Jordan … Read more
Bradley Tusk says that the regulatory issues in the U.S. will not only be replicated but amplified as we see the internet move towards the Metaverse. Go to Source Powered by WPeMatico
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing … Read more
Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs. Go to Source Powered by WPeMatico
The Cryptocurrency and Regulation of Official Digital Currency Bill does not appear as one of the 15 bills the government body will consider during its next session. Go to Source Powered by WPeMatico
U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the crypto industry. “I will not stand by and let the heavy hand of the government pick winners and losers,” she stressed. Congressman Tom Emmer explained that the legislation would give Treasury Secretary Janet Yellen “dictatorial-level … Read more
CCI board member Fred Ehrsam cited the WEF executive’s “in-depth knowledge of crypto” in addition to her experience working with governments across the globe. Go to Source Powered by WPeMatico
Separating blockchain from crypto leaves all the exciting opportunities out, legal expert Elçin Karatay told Cointelegraph. Go to Source Powered by WPeMatico
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy. More Officials and Organizations Reject Central Bank’s Call to Prohibit Cryptocurrency Central Bank … Read more
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start charging fees for services provided by the government’s Chivo digital wallet. IMF’s … Read more