Getting paid in crypto: Dubai court ruling shows increasing acceptance
Crypto salaries are becoming more common, especially in countries with prevalent economic incentives like inflation.
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French Financial Regulator Proposes Ban on Anonymous Cryptocurrencies
The head of the Finance Committee of France’s National Assembly, Eric Woerth, is suggesting a ban on anonymous cryptocurrencies, or so-called privacy coins. Woerth expressed his position in a recent report on crypto assets and blockchain technology.In a forward to the report, Woerth considers the introduction of a ban on digital currencies that provide greater…
Bitcoin ETF fever returns: ‘Biggest’ inflow to ProShares’ BITO in a year
Bitcoin (BTC) exchange-traded fund (ETF) fervor is back with a raft of new applications and an increase in capital inflows from institutional investors.On June 26, a surge of inflows to the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — was observed by Bloomberg senior ETF analyst Eric Balchunas.The fund had its largest…
One week later: X’s future in Brazil on the line as Supreme Court reviews ban
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.
Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation
Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPowell keeps quiet on Fed policyData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stayed flat at around $17,250 on Bitstamp.Hopes had focused on…
Ripple contributes another $25M to Fairshake PAC before US midterms
A majority of pro-crypto or crypto-neutral candidates won their races in 2024, many of whom were supported by media buys from PACs like Fairshake.
Crypto crash wreaking havoc on DeFi protocols, CEXs
Data points to capital flight among most major DeFi protocols. 640 Total views 29 Total shares On Monday, a heavy cryptocurrency sell-off in the markets caused significant ripples for projects and entities alike. On popular decentralized finance, or DeFi, lending protocol Aave (AAVE), utilization rates have fallen across nearly all stablecoin borrowings. Most notably, borrowings…
French central bank pilots blockchain-based CBDC for debt market
Led by Belgian financial services firm Euroclear, the latest French CBDC trial involved a system by tech giant IBM. 647 Total views 43 Total shares The central bank of France continues actively exploring a central bank digital currency (CBDC), completing a significant trial of a blockchain-based CBDC in the country’s debt market.Over 500 institutions in…
Austrian Telecom A1 Accepting Crypto in Select Shops Using Salamantex
Major Austrian telecom operator A1 has started accepting cryptocurrencies as payment in seven selected shops in Austria.Six cryptos acceptedStarting from Aug. 19, A1 customers can pay for network services in selected A1 branches using six major cryptos: Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), Stellar (XLM) and Dash (DASH), according to an official announcement published…