BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M
BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000.
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EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts have the ability to be terminated.In a Nov. 9 press release
Crypto regulations in the United Kingdom: Are we there yet?
Policymaking in the United Kingdom is typically reactionary, and this is no less true in the context of the crypto-asset industry. Reactionary policymaking means that the U.K.’s crypto regime is occasionally behind those of its competitors, which could ultimately cause the U.K. to become a less attractive place to conduct crypto-related business.The former Chair of…
Craig Wright Threatens BTC Core and BCH With Potential Lawsuits
Craig Wright, who claims to be the Bitcoin creator known as Satoshi Nakamoto, has warned the BTC Core (BTC) and BCH communities to stop using the Bitcoin database in order to avoid potential lawsuits. He claims that both networks may also violate the laws under the terms of Bitcoin’s original EULA and MIT License.The man…
El Salvador minister says it’s too early to use Bitcoin for wages
It’s too soon to talk about Bitcoin-based wages in El Salvador, Minister Rolando Castro stated. 2176 Total views 6 Total shares El Salvador’s Minister of Labor and Social Welfare has said that the country is not yet ready to adopt Bitcoin (BTC) for salary payments.In a Wednesday tweet, Rolando Castro denied local reports which claimed…
Crypto Markets Are Mostly in Green, Ethereum Regains Top Altcoin Position
Wednesday, Jan. 2 — The main cryptocurrencies have mostly been in the green for two days now, according to data from Coin360. Bitcoin (BTC) is still over $3,800 mark, while Ethereum (ETH) has regained the top altcoin position.Market visualization from Coin360Proof of Keys — a celebration when BTC holders temporarily withdraw their funds from all…
SEC chair wants robust crypto regulatory regime for the US
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings and includes markets like lending and DeFi. 771 Total views 30 Total shares Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), is reportedly keen on bright-line regulations for the country’s crypto space.Gensler expressed the SEC’s desire to install safeguards…
Binance establishes Global Advisory Board to work on regulatory and political issues
The former United States Senator Max Baucus will be leading the board that includes 11 other prominent figures. 108 Total views 6 Total shares As the crypto community grows, issues within the crypto community become more complex. Regulatory, political and social issues often get in the way of crypto adoption, slowing the advancements within the…
McDonald’s, Nestlé and Virgin Media Join Blockchain in Advertising Pilot
McDonald's, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online.Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the digital ad supply chain, as business…