FINRA says rules still apply in the metaverse
The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.
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Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too. 197 Total views 2 Total shares A war rages on Europe’s eastern rim, having already left thousands of people dead and injured and millions more displaced. Digital assets have become so woven into the global financial system that a major political…
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Six Major Central Banks to Collaborate on Digital Currency Research
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC).According to a press release published by the Bank of England on Jan. 21, the aforementioned institutions will share their experience with other group…
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Ripple job posting hints at possible IPO, XRP community says
The role and responsibilities listed for the potential candidate are often criteria linked to requirements for a company considering an IPO. 221 Total views 1 Total shares The fintech company Ripple released a new job posting on Oct. 16 for the role of ‘Shareholder Communications Senior Manager,’ across multiple locations in and outside the United
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Chinese Communist Party warn of NFT hype bubble
The local news publication, acting as the party's spokesperson, warned of a major decrease in the value of NFT assets once its bubble pops. 635 Total views 11 Total shares According to local sources, the Chinese government has released a series of statements denouncing the value of the non-fungible token, or NFT, market, despite two…
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Bitcoin gains legal recognition as digital currency in Shanghai China
A similar report from another Chinese court earlier in September recognized cryptocurrencies as virtual properties protected by law. The Shanghai Second Intermediate People's Court in China has reportedly recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value.The Chinese court released a report on Sept. 25 discussing the development of internet
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Banks’ crypto exposure must be disclosed — BIS’ Basel Committee
The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025. 253 Total views 2 Total shares The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory for
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Crypto Fear & Greed Index jumps back into greed territory
Most of August was spent in “Fear” on the Crypto Fear & Greed Index, with sentiment hitting a yearly low of 17 on Aug. 6.
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Crypto consumer protection, proof of reserves bills introduced into US Congress
New York Democrat Ritchie Torres introduced the short bills, which are meant to supplement more comprehensive legislation, earlier this month with little fanfare. 1346 Total views 25 Total shares Own this piece of crypto history Collect this article as NFTUnited States Congressman Ritchie Torres has introduced bills in the House of Representatives to prohibit misuse…