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Iran’s Crypto Regulations: What’s Happening Behind Closed Doors
feature Under pressure for being months behind schedule, the Central Bank of Iran finally published a draft framework on the legality of cryptocurrencies in late January and welcomed feedback. While some see the totality of the framework as a step forward, most members of the burgeoning local crypto community are unhappy with much of the…

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
Retail central bank digital currencies (CBDC) have drawn criticism from lawmakers and the public around the world over privacy concerns.Unlike the private sector, central banks have no interest in personal data, Bank for International Settlements official Cecilia Skingsley said Tuesday.She urged people to stay open to technological innovation.Central banks have no interest in personal data

Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue
Marathon Digital (MARA), one of the largest bitcoin miners in North America, beat third-quarter earnings estimates while missing revenue expectations.The miner reported a third-quarter earnings of $0.35 per share versus analyst estimate of a loss of $0.11 per share, according to FactSet data. Third quarter revenue was $97.8 million compared to an estimate of $99.6

DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, rebounded more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday.The recovery came after the price slumped 25% Monday when a wallet the protocol said was tied to venture capital

Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool
Flexa Components allows customers to pay at a retail point-of-sale with USDC and other crypto. Flexa says it has signed up a number of well-known retailers to the platform 00:58 Why This Investor Is Bullish on Monero 02:04 Sen. Schumer Says U.S. Crypto Bill Can Happen This Year; ZynCoin's New Physical Collectible 01:10 Bitcoin Price

Crypto Rails Should Bring Efficiency Gains to the $7T-a-Day TradFi FX Market
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Todd Groth is Head of Index Research at CoinDesk Indices. . He has over 10 years of experience involving systematic multi-asset risk premia and alternative investment strategies.Join the most important conversation in crypto and Web3 taking place in Austin, Texas,…

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners
Mar 23, 2020 at 17:13 UTCBitriver mining farm in Bratsk, Russia. Photo by Anna Baydakova for CoinDeskRuble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s MinersThe global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.That's because the Russian national currency has rapidly lost value,…

Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions
PAXG spiked as high as $2,923 on Saturday, trading at premium of over 20% to gold's per ounce price of $2,342.90 on Friday.Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge.Prices for PAX Gold (PAXG), a gold-backed digital asset created by Paxos, surged over the