Pre-launch token trading 20 times more volatile than post-launch trading — Keyrock
Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report.
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OKCoin says crypto industry lacks means to comply with new US Treasury proposal
If passed, the United States’ crypto wallet proposal would create significant hassles for digital asset exchanges. 1918 Total views 9 Total shares U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted wallets. Crypto exchange OKCoin noted the proposal would…
Australia joins 1,000+ Bitcoin ATM club alongside US, Canada
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021.
White House science office looks at crypto’s effect on climate, despite scarce data
The White House Office of Science and Technology Policy reaches mixed conclusions about crypto and the climate, against a background of rapid technological change. 260 Total views 10 Total shares The White House Office of Science and Technology Policy (OSTP) has weighed in on the environmental and energy impact of crypto assets in the United…
New York Crypto Task Force: Industry, Government to Review Regulations
In late July of 2019, the New York State Assembly appointed six members to its Digital Currency Task Force, claiming to be the first state-drafted crew across the United States to deal with cryptocurrencies and blockchain. While it is unclear if the influx from Facebook's Libra has hastened the NY legislators to assemble the team,…
Crypto News From the Spanish-Speaking World: Week in Review
This week was an important one for crypto adoption in the Spanish-speaking world, with reports of a government ministry working on a token in an Argentinian province and a Venezuelan state airline accepting the country’s controversial Petro coin. Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Spain’s…
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries. 281 Total views 14 Total shares The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry.Released on Wednesday, the new decree…
Gate.io closer to launching US services after receiving local licenses
Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch. 453 Total views 10 Total shares Own this piece of crypto history Collect this article as NFTGate US, the United States arm of the fourth largest cryptocurrency exchange…
LUNA drops 20% in a day as whale dumps Terra’s UST stablecoin — selloff risks ahead?
Terra (LUNA) has plunged significantly after witnessing a FUD attack on its native stablecoin TerraUSD (UST).The LUNA/USD pair dropped 20% between May 7 and May 8, hitting $61, its worst level in three months, after a whale mass-dumped $285 million worth of UST. As a result of this selloff, UST briefly lost its U.S. dollar peg,…