Chinese court sentences gang for money laundering using digital yuan

A new "speedrun" video shows how anyone can create a brand new cryptocurrency in less than 30 seconds. Own this piece of history Collect this article as an NFTAs so-called “memecoins” capture the attention of the wider crypto industry in recent weeks, a viral video has emerged detailing just how easy it is for anyone…

Economists are divided on the consequences of record low interest rates across the globe and the incessant money printing by the central banks. However, one thing that most experts agree upon is that investors should get out of paper money and invest in hard assets.Gold has been the traditional safe haven asset which is preferred…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Hackers stole 913 bitcoins from Canadian cryptocurrency exchange MapleChange. Though the…

Peter Schiff agrees with the Fed that Bitcoin should be classified as fiat currency. 1697 Total views 45 Total shares Economist, financial commentator and gold advocate Peter Schiff once again bashed Bitcoin in a tweet, essentially calling it fiat currency — the name for regional currencies, such as the U.S. dollar. "The Fed gets Bitcoin right,"…

The United Kingdom tax collection service published its first detailed tax legislation for private cryptocurrency holders Dec. 19 following a lengthy consultation period.Its new policy paper, “Cryptoassets for Individuals,” sets out likely tax obligations for private investors who buy, sell, get paid in and even lose cryptocurrency.Capping months of uncertainty among U.K. taxpayers over what…

A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. 1643 Total views 50 Total shares The Official Monetary and Financial Institutions Forum (OMFIF), an independent global think tank for central banking and economic policy, announced the…

A new partnership sees English rock band Muse signing its own blockchain-authenticated CryptoKitties collectibles. The famous English rock band Muse is teaming up with Dapper Labs, the company behind the viral blockchain game CryptoKitties.The collaboration, which follows Dapper Labs’ partnership with Warner Music Group, will center on the creation of two blockchain-secured crypto-collectibles, including a…

The authors see DeFi growing despite barriers such as crypto’s volatility; risks to users and TradFi institutions are inherent in the technology as well as incidental. 149 Total views 4 Total shares There are more than 1,400 DApps in operation and their number is growing rapidly, according to a United States Federal Reserve Board discussion…