Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
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Canadian regulator alleges OKEx operator violated securities law
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets. 324 Total views 46 Total shares The Ontario Securities Commission claimed Aux Cayes FinTech Company Limited, a legal entity in the Republic of Seychelles that operates crypto exchange OKEx, has failed to comply with the province’s law governing securities.In an…
Bail Bloc Founder Says How Monero Mining Can Help ICE Detainees
One cryptocurrency project is using Monero (XMR) to give undocumented immigrants a better shot at a fair treatment in the United States judicial system.The Bail Bloc project collects cryptocurrency to help people get out of pretrial incarceration for cases with the United States Immigration and Customs Enforcement (ICE). Unlike conventional charities, Bail Bloc doesn’t want…
Illusion or reality? Crypto demand either faltering or poised to charge
BlackRock is the world’s largest asset manager, so when its CEO, Larry Fink, remarked recently that he was seeing “very little in terms of investor demand” with regard to crypto and Bitcoin (BTC) based on “my last two weeks of business travel,” it set off some alarm bells.A lively Twitter discussion followed one commentator’s remarks…
Bitcoin price dips below $34K as day of Grayscale’s giant BTC unlocking draws near
Bitcoin (BTC) dropped to local lows of $33,750 on June 20 as fears over weak support levels proved to be well founded. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD swiftly dropping below $34,000 on Sunday after choppy behavior at the start of the weekend.A comedown from resistance at near $40,000…
The metaverse puts the digital asset interoperability challenge on steroids
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century.In the year 2022, we no longer need to ponder how many stars there are in the sky — Yale astronomer…
SEC issues first ever charges over phoney ‘insider information’ on darknet
The SEC has taken action against a Californian man for fraudulently offering insider stock trading tips on a darknet marketplace. 1695 Total views 15 Total shares The U.S. Securities and Exchange Commission has announced charges against California resident James Roland Jones in the first-ever enforcement action from the commission to target securities fraud on the…
PayPal for Crypto: Up to 25,000 Online Stores in Germany May Accept Digital Money in 2019
A Swiss startup company is attempting to make using cryptocurrencies for online transactions as simple and safe as using PayPal.The main accusation of the mainstream media against crypto is that it is “a currency that is hard to spend.” Even though, according to CNBC, the total worth of Bitcoin spent on merchant services has increased…
Etherisc to offer blockchain-based crop insurance to Kenyan farmers
The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate change. 769 Total views 16 Total shares Today the Chainlink Community Grant program announced funding for a low-cost insurance collaboration between Etherisc, a decentralized insurance protocol, and ACRE Africa, a microinsurance issuer focused on the…