Most Andrew Tate-endorsed memecoins crashed to zero
The controversial social media figure has already been accused of insider trading and crypto market manipulation in the past.
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Russia has long been home to a vibrant crypto retail market, yet the nation’s regulation of digital assets still lags behind. As a spate of stakeholders and disparate regulatory authorities struggles to figure out a coherent policy framework within a bureaucratic system, much of the cryptocurrency industry remains outside the realm of regulated economic activity —…
Bitcoin could flippen PayPal on bullish news from… PayPal
Bigger than Disney. Bigger than Netflix. And soon, Bitcoin could be bigger than the company that's driving its bullish momentum. 1178 Total views 8 Total shares Bitcoin (BTC) has risen dramatically in market cap over the years, recently taking its place among the top 25 largest companies and assets by market cap. At press time, Bitcoin…
Blockchain Interoperability: The Big Picture
Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so. Asymptotically, decentralized systems are the embodiment of simplicity; they tend toward sustaining complexity and (inter)connectivity to viable levels.In the context of blockchain platforms, it would then seem paradoxical to question the…
EU MiCA stablecoin regulations come into effect: Law Decoded
Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.
New York state ramps up blockchain monitoring to enforce sanctions
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians. 98 Total views 13 Total shares New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement of additional blockchain analytics technology. According to a statement released…
Joint Coinbase-Circle Stablecoin Project USDC Listed on Competitor Kraken
Crypto exchange Kraken has added stablecoin USD Coin (USDC) to its list of trading pairs. Touted as “the world’s fastest-growing stablecoin,” USDC saw listing today on crypto exchange Kraken, per a press release provided to Cointelegraph on Jan. 8. USDC developed by Circle and CoinbasePayment company Circle, alongside crypto exchange powerhouse Coinbase, founded an endeavor called the…
Republic of Palau and Cryptic Labs launch digital residency program
The Pacific island nation is now offering a digital residency and blockchain-based verified ID, which can be used for KYC and ID verification. 313 Total views 10 Total shares The Republic of Palau and blockchain development firm Cryptic Labs announced the launch of the Root Name System (RNS), a digital residency program on Tuesday.To inaugurate…
Global Web3 metaverse and tax initiatives continue in the face of a market meltdown
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.In 2021, nonfungible tokens became the biggest disrupter in art, with artists minting, exhibiting and auctioning them and…