Indonesia’s licensing regime sparks ‘monopolistic’ market concerns

The head of the financial regulator of the United Arab Emirates (UAE) capital Abu Dhabi wants “proper” international regulation of cryptocurrency, local news outlet The National reports Wednesday, September 19.Speaking during an interview at this week’s Fintech Abu Dhabi event, Richard Teng, head of the Financial Services Regulatory Authority of the Abu Dhabi Global Market…

Bitcoin (BTC) price appears to have faked out investors with its move to $42,000 last week and while the digital asset struggles to hold above $38,000, altcoins with strong fundamentals and real-world applications are gaining momentum. Terra (LUNA), a blockchain protocol that backs the fiat-pegged TerraUSD (UST) stablecoin, is one such project that has managed to buck…

Bitcoin (BTC) easily succeeds over other cryptocurrencies in multiple key areas, which all but guarantee its future as the standard, noted academic Konrad S. Graf has concluded.In the second installment of a two-part interview with Eurasia Review published Jan. 1, Graf highlighted a plethora of “competitive advantages” inherent to Bitcoin. Graf has sought to gain exposure…

Despite ongoing bullish movement in crypto markets, Circle continues to sell off wings of its business.Circle, a Goldman Sachs-backed crypto startup that launched USD-pegged stablecoin USDC, has agreed to sell its digital asset investment app Circle Invest to Voyager Digital Canada, the operator of digital asset broker Voyager.Circle Invest customers to be moved to the…

A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves. 1956 Total views 20 Total shares Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company.As reported by the Financial Times…

Celebrate this historic point in BTC's history by treating yourself to one of our limited run of 50 NFT artworks. 1551 Total views 8 Total shares By now it probably hasn’t escaped your attention that earlier this week the original (and many would argue, still the best) cryptocurrency, Bitcoin, broke through the $50,000 price point…

The former CEO of Binance.US hasn't been active on social media for 276 days, and no one seems to have reported seeing her for months. 1512 Total views 7 Total shares Around the time Binance.US announced former Comptroller of the Currency Brian Brooks would be leading the crypto exchange, former CEO Catherine Coley effectively dropped…

Ethan Mollick’s commentary sparked speculation from the cryptocurrency community. 

Europe’s data watchdog, Wojciech Wiewiórowski, predicts a sour predicament for United States-based artificial intelligence (AI) companies currently being investigated for alleged GDPR violations.“The breathless pace of development means data protection regulators need to be prepared for another scandal,” Wiewiórowski told MIT’s Technology Review during a recent interview, invoking the Cambridge Analytica scandal for reference. Wiewiórowski’s…