Bitcoin News Roundup for April 27, 2020

The European Securities and Markets Authority published an opinion report for firms dealing with overseas firms to prevent them breaking the Markets in Crypto Assets rules (MiCA). ESMA wants to prevent unauthorized companies from finding loopholes to proactively reach out to EU clients. The European Securities and Markets Authority published some clarity on Wednesday for

TXM Group, the largest Canadian exchange, said Tuesday its derivatives trading platform will soon introduce bitcoin (BTC) futures contracts."Montréal Exchange (MX) is launching the Bitcoin Price Index Futures to meet rising market demand for digital cryptocurrency asset classes," an announcement on the firm's website said. "Despite growing interest, investors face limitations when evaluating vehicles to

U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief portion of her testimony posted Monday.Yellen is appearing before the House Financial Services Committee on Tuesday to

Nov 15, 2020 at 2:00 p.m. UTC(Giorez/iStock via Getty Images Plus)Dollar Decline and the Paralysis of Conventional Monetary PolicyA reading of Kenneth Rogoff’s latest piece on the strange reality of the dollar’s global status. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox,…

Sep 16, 2020 at 20:42 UTCUpdated Sep 16, 2020 at 20:43 UTCThe number of "young investment wallets" is on the rise. (JodiJacobson/Getty Images)Bitcoin ‘Young Investment’ Wallets at Highest Level Since February 2018New investors are entering the bitcoin market at a faster pace and possibly creating upward pressure on prices, on-chain data shows.  Bitcoin Young Investment…

Proponents of the European Union’s forthcoming Markets in Crypto Assets (MiCA) regulation say it will have an effect beyond its limited scope – and the race to seize the bloc’s crypto crown has begun even before a final vote on the law.After several years of consultation and lawmaker haggling, a final text of MiCA is…

There are more ongoing cross-border CBDC trials with cute names than one can possibly keep track of (such as Cedar, Icebreaker, Jasper, Mariana and many more). But one stands out: the mBridge project.Why? For the following reasons:- It involves 23 central banks, including the BIS (the official organization for central banks)- It is designed to

Degen Chain, a new layer-3 blockchain, has attracted significant attention and transactional volume since its introduction on Thursday. Its native DEGEN token has zoomed 500% since its release.The network does not have a supported stablecoin and primarily housed speculative tokens as of Monday, but that hasn't stopped speculators from trading millions of dollars in volumes.The

Nov 27, 2020 at 2:07 p.m. UTCToronto, Canada(Claudio Beiza/Shutterstock)Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More BitcoinCanada-based investment firm Cypherpunk Holdings has dumped its holdings of two alternative cryptocurrencies and put the proceeds into bitcoin.In an announcement Thursday, the company said that its bitcoin holdings have increased to 276.479 BTC from the…