IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
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Crypto resonates better with BIS’ vision of ideal monetary system
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.” 227 Total views 5 Total shares In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the…

Brazilian Ministry of Education Proposes Issuing Diplomas on the Blockchain
In an attempt to fight against the falsification of university diplomas in Brazil, the Ministry of Education (MEC) has proposed, creating a Blockchain-based platform to issue digital certifications among non-state universities.According to Cointelegraph Brazil, MEC minister Abraham Weintraub has raised this possibility, which also seeks to create cohesion between diplomas and thus generate a space…

BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas. $30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and…

Pantera Capital’s CEO suggests blockchain growth will continue despite economic turmoil
The venture capitalist predicted blockchain would perform based on its own fundamentals, similar to Amazon and Apple. 194 Total views 19 Total shares The economic landscape may seem dire at the moment, but it's unlikely to affect blockchain development, according to Pantera Capital CEO Dan Morehead. In an interview for Real Vision on Thursday, the…

Binance burns $1.8M in LUNC trading fees following community proposal
According to the crypto exchange, the burn was the equivalent of 1,863,213.47 USDT — roughly 5.5 million LUNC. 368 Total views 3 Total shares Cryptocurrency exchange Binance has announced it completed the first burn of Terra Classic tokens’ trading fees in response to a community proposal from September.In an Oct. 3 update, Binance CEO Changpeng…

South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
“What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Unathi Kamlana. 380 Total views 56 Total shares Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said…

After a 273% rally, this key indicator signaled that CELO price was overextended
Now that altcoin season is upon us again, multiple tokens are witnessing illustrious price hikes every day. In a sideways market, a key skill for a trader is the ability to anticipate when an asset will break out — and when everything is green, knowing when the rallies are coming to an end becomes equally…

2024 in review: The UAE crypto legal chronicles
2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules.