McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter

The US lawmaker's bill comes just weeks after Rep. Tom Emmer reintroduced an identical bill in the lower chamber of Congress. US Senator Ted Cruz introduced a bill on March 26 to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The “Anti-CBDC Surveillance State Act,” would prohibit the Fed from offering

Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers.The irony of a book about the Winklevoss twins’ journey into cryptocurrency — which stresses over and over again how important it has been to their…

The United States has been the global financial leader since World War II when the U.S. dollar became the world reserve currency. Consequently, Americans have enjoyed benefits like greater buying power, easier access to capital and low-interest rates—including on our national debt.Unfortunately, we face a growing threat to that dominance, from our national debt on…

France’s securities regulator approves: The Bitcoin-tracking fund fully complies with the European Union’s UCITS standards. 932 Total views 7 Total shares Paris-based derivatives fund manager Melanion Capital has launched a new, European Union-regulated fund that aims to track the price of Bitcoin (BTC) at a correlation of up to 90%.The fund is the first of…

Switzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. 1796 Total views 49 Total shares Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government.…

Once, long ago, cryptocurrency companies operated comfortably in the US. In that quaint, bygone era, they would often conduct funding events called “initial coin offerings,” and then use those raised funds to try to do things in the real and blockchain world. Now, they largely do this “offshore” through foreign entities while geofencing the United

Mixing conspiracy theories, a distrust for traditional institutions and hopium in crypto, two influencers are alleged to have made millions using pump-and-dump schemes. 372 Total views 22 Total shares Two QAnon-affiliated conspiracy theorist influencers allegedly caused their followers millions of dollars in losses by running a cryptocurrency pump-and-dump scheme.The pair reportedly persuaded their thousands of…

United States bank holding corporation Capital One has won its latest blockchain-related patent, this time incorporating the technology in a content validation system. Documents from the U.S. Patent and Trademark Office released the patent on April 2.Capital One, which last year focused its intellectual property efforts on blockchain for user authentication, now wants to use…

On March 25, Cardano launched its off-chain scalability protocol, Ouroboros Hydra, after 5 years of development.An announcement sent to Cointelegraph claims that the protocol vastly increased scalability and low latency for the Cardano blockchain while using little storage on the network’s nodes. The solution also reportedly allows for applications such as micropayments, voting, insurance contracts,…