EU MiCA stablecoin regulations come into effect: Law Decoded
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.
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Indian Gov’t to Approach Crypto Regulation ‘With Due Caution’
The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping.The latest episode in India’s increasingly drawn-out path to formalizing its domestic cryptocurrency economy, Radhakrishnan said that the lack of a “globally acceptable solution” meant…
Coinbase could see fee compression in long term, CEO expects
Brian Armstrong expects other revenue streams to take the lead in five or 10 years. 5242 Total views 19 Total shares Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company's shares list on Nasdaq today.In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns…
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…
Coronavirus Takes Toll on Bitcoin Halving, but Pandemic Won’t Steal the Show
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Blockchain key to verifying authenticity of real-world media – Nodle
As AI capabilities continue to evolve, proving the authenticity of real-world images, video and content could hinge on blockchain solutions. 48 Total views 3 Total shares Decentralized network provider Nodle is working with the likes of Adobe and the Linux Foundation to use blockchain technology to prove the authenticity of real-world content captured by devices.In
Voyager’s token transfer to Coinbase sparks sell-off suspicions
The motive behind the transactions has triggered speculation within the broader crypto community. 219 Total views 4 Total shares Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7 million, to crypto exchange Coinbase on Aug.11, according to Etherscan.The motive behind…
‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession.The so-called “magnificent seven” refers to the top seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla — who combine to make
Polygon co-founder steps down, will contribute ‘from the sidelines’
Jaynti Kanani said he had stepped back “from the day-to-day grind” at Polygon roughly six months ago. Jaynti Kanani, the co-founder of Polygon, announced that he has stepped back “from the day-to-day grind” on the project for the first time in six years.In an Oct. 4 X (formerly Twitter) thread, Kanani said he planned to