Bank of England to experiment with wholesale CBDC, synchronization
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.
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Economic Historian Niall Ferguson: Crypto ‘Won’t Turn Out to Be a Complete Delusion’
British economic and financial historian Niall Ferguson says that cryptocurrencies will not turn out to have been a complete delusion, as he had once assumed.The historian — who authored a book on the history of currencies, “The Ascent of Money” — made his remarks at a private event during the Australian Financial Review (AFR) Business…
SEC responds predictably to Coinbase’s 2022 crypto rulemaking petition: No
The existing laws are sufficient, and the agency is already doing what it considers necessary, according to Chair Gensler. 177 Total views 1 Total shares The United States Securities and Exchange Commission has denied a Coinbase petition for rulemaking on transactions with cryptocurrencies that are securities. Coinbase filed the petition in July 2022 and pushed
As Money Printer Goes Brrrrr, Wall St Loses Its Fear of Bitcoin
This year will go down in infamy as one of the worst in living memory, but Wall Street veteran Jenny Q Ta says there’s been at least one bright spot — 2020 has marked a big shift in attitudes towards cryptocurrency from the Wall St. participants who once eyed the asset class with distrust.The year…
Snowden calls for decentralization, criticizes VC influence on Solana
Edward Snowden highlighted the importance of decentralization, sharing concerns about AI-driven surveillance and the influence of venture capitalists on blockchain.
North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash
North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash. North Korea-based cybercriminals are suspected to be using untraceable alternative cryptocurrencies, or altcoins, to convert stolen funds into cash.According to an NK News report, an unpublished United Nations Panel of Experts report states that North Korea-backed hackers have stolen approximately $1.5…
Cardano price risks erasing 40% of 'Trump Trade' gains by December
ADA is nearing the apex of its prevailing rising wedge pattern, which points to a potential breakdown toward $0.513 by the end of December.
Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin
On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017.In comparison to Morgan Stanley’s 2017 report on Bitcoin, their 2018 outlook is bullish. The report…