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Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister
A Siberian region, which relies heavily on hydroelectric power and is known for its cheap electricity, also saw its energy consumption surging 159% due to an “avalanche” of crypto-mining. The post Russia Has No Plans to Ban Cryptocurrencies Unlike China, says Deputy Finance Minister first appeared on BitcoinExchangeGuide. дальше »
2021-10-14 23:28 | |
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Jamie Dimon says crypto is inching closer to regulation in the US
Jamie Dimon, the Chairman of JPMorgan Chase & Co, believes the US government will move to regulate the crypto sector. He said this during the week-long Institute of International Finance (IIF) annual membership meeting, which commenced yesterday. дальше »
2021-10-12 15:53 | |
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US Crypto Regulation: Report Says Biden Likely To Deploy Executive Orders Soon
The US Cryptocurrency industry is about to become the target of Biden’s 65th executive order since becoming president in January, a recently released report by Bloomberg suggests. The order, which is aimed at commissioning federal security and finance agencies to commence investigation into the crypto industry with a view to reporting their findings, is the […] дальше »
2021-10-12 14:51 | |
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Don’t Sell, Collateralise; Says NFT Liquidity Platform Strip Finance
Strip Finance, a Collateralised NFT & DeFi Liquidity Protocol, is putting NFTs for better use by collateralising them for stablecoins and providing greater liquidity. A next-generation NFT platform called Strip Finance is making it possible to collateralise Non-Fungible tokens while still maintaining ownership of the assets, taking DeFi and NFTs to a whole new dimension. дальше »
2021-10-6 16:19 | |
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Polygon Founder Says Ethereum Is Set To Replace Bitcoin As The Global Standard
Bitcoin still remains the top crypto project in the space. But it no secret that Ethereum has been quickly catching up with the pioneer cryptocurrency. Ethereum’s decentralized finance (DeFi) use cases have been the major contributor behind this space as investors have flocked to the blockchain to earning returns on their crypto holdings. дальше »
2021-10-2 02:00 | |
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Cardano Founder Charles Hoskinson Says The Term Smart Contracts Needs To Be Changed
Smart contracts have been in the crypto space for quite a while now, most recently debuting on Cardano. With the rise of decentralized finance (DeFi), smart contracts have become even more important to the entire industry. дальше »
2021-9-22 02:00 | |
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JPMorgan says Ether Is Overvalued at Current Prices and DeFi’s Institutional Adoption Is Above 60%
Banking agent JPMorgan noted in its latest crypto report that decentralized finance (DeFi) adoption by institutional investors increased in the second quarter of 2021. This growing adoption is shown by more than 60% of all DeFi transactions being worth over $10 million compared to less than 50% for all cryptocurrency transactions. дальше »
2021-9-20 17:16 | |
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Cardano’s Charles Hoskinson says the DeFi space is in a bubble
Charles Hoskinson, the founder of Cardano, believes that the decentralized finance (DeFi) industry is in a bubble. He said this during an interview on September 17, adding that the space won’t necessarily collapse because it is in a bubble. дальше »
2021-9-18 21:09 | |
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“They Will Kill It”: Ray Dalio Says Bitcoin’s Success Is Faced By The Imminent Threat Of Regulators Destroying It
Amid growing adoption, Bitcoin faces yet another hurdle, the possibility of regulators crashing it to the ground according to Bridgewater Associates’ Ray Dalio. “They will kill it” Speaking on the third day of the SALT conference, the finance magnate did not doubt that with the world’s largest cryptocurrency going mainstream and growing with resounding success, […] дальше »
2021-9-18 19:27 | |
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UK’s Financial Watchdog says, No Real-World Cash Flows Underpinning the Price of Digital Tokens, Not Even Bitcoin
Britain's Financial Conduct Authority (FCA) said Monday that creating a regulatory regime for the cryptocurrency industry will take careful thought. Britain’s finance ministry already had a public consultation as to whether some crypto-asset promotions need regulation. дальше »
2021-9-6 17:01 | |
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SEC Chair says DeFi Leaves Investors ‘Vulnerable’ and Stablecoins Facilitate AML and Sanctions Bypass
The innovation that has grown to be a $2. 1 trillion asset class with no borders or boundaries “has been and could continue to be a catalyst for change in the fields of finance and money,” said Gary Gensler. дальше »
2021-9-2 17:06 | |
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Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless”
“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017. A lot of prominent personalities in the finance industry took this stand when the digital asset hit its then all-time high of $19K. дальше »
2021-8-31 02:00 | |
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Bloomberg and Galaxy Digital Launches DeFi Index; SEC Chair Gary Gensler says DeFi is “A Bit of A Misnomer”
Bloomberg and Galaxy Digital have collaborated to launch the Bloomberg Galaxy DeFi Index (ticker: DEFI). The benchmark owned and administered by Bloomberg Index Services Limited and co-branded with Galaxy will measure the performance of the largest decentralized finance (DeFi) protocol by market value. дальше »
2021-8-20 20:02 | |
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SEC Chairman Says DeFi Projects are Not Exempted from Regulation
Chairman of the Securities and Exchange Commission (SEC) Gary Gensler, has said that the features of some decentralized finance (DeFi) projects could cause them to fall under the regulatory ambit of the SEC. дальше »
2021-8-20 08:15 | |
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‘Being Inclusive Is a Lot About Access,’ Says Hifi Finance CEO
BeinCrypto spoke to Doug Leonard, CEO of HiFi Finance, about the platform and picking up audiences where you find them, such as in South Korea. The post ‘Being Inclusive Is a Lot About Access,’ Says Hifi Finance CEO appeared first on BeInCrypto. дальше »
2021-8-7 18:00 | |
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Gary Gensler sounds alarm on growing DeFi activity, says SEC looking to regulate crypto sector
US Securities and Exchange Commission chairman Gary Gensler reiterated his position on the burgeoning decentralized finance (DeFi) sector yesterday, calling for an increased overview of the space while signaling regulations were necessarily required. дальше »
2021-8-4 21:25 | |
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DeFi, by definition, cannot be fully regulated, Siam Commercial Bank president says
Arak Sutivong believes DeFi requires a framework for long-term and sustainable interactions with traditional finance.
дальше »2021-7-26 13:18 | |
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Aave (AAVE) Founder Wants to Build ‘Twitter on Ethereum’
The remark comes as a reply to Jack Dorsey’s plans to bring DeFi on bitcoin (BTC). Twitter on Ethereum, Says Stani As a reply to Jack Dorsey’s ambition to bring decentralized finance (DeFi) on the Bitcoin network, leading DeFi lending protocol Aave’s (AAVE) founder, Stani Kulechov said the protocol should build Twitter on Ethereum. SinceRead More дальше »
2021-7-19 21:00 | |
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India’s Finance Minister says crypto bill is ready for the Cabinet
India is one step closer to establishing regulations to govern the crypto sector after Nirmala Sitharaman, the country’s Finance Minister, said the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 is ready. дальше »
2021-7-9 22:40 | |
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. дальше »
2021-7-6 16:30 | |
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MAS Head says Central Banks and Regulators “Should Welcome” Decentralized Finance
While the future of money shouldn’t be “left entirely to central bankers,” Ravi Menon warns not to discount the possibility of crypto whose widespread use could “lead to an erosion of the nation state’s monetary sovereignty. дальше »
2021-7-2 20:15 | |
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Yearn Finance (YFI) Launches Bug Bounty Program on Immunefi
Yearn Finance (YFI) has joined forces with Immunefi to launch a bug bounty program. The team says it is setting aside from $100 to $200,000 to reward whitehat hackers depending on the severity of the bug, according to a press release on July 1, 2021. дальше »
2021-7-1 15:00 | |
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NYU Professor Says Bitcoin Has Failed Miserably as a Currency
Professor of Finance at the New York University (NYU) Stern School of Business, Aswath Damodaran, has again criticized bitcoin, stating that the flagship cryptocurrency has failed miserably to function as a currency. дальше »
2021-7-1 23:00 | |
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Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. дальше »
2021-6-28 02:00 | |
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Circle Launching DeFi API to Lower The Barrier to Entry for Businesses
Circle has announced plans to launch its decentralized finance (DeFi) application programming interface. The company says its DeFi API will make it easier for institutions and enterprises to access lending markets such as the Ethereum-based Compound Finance (COMP), according to a blog post on June 24, 2021. дальше »
2021-6-26 19:00 | |
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Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2. 2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance. дальше »
2021-6-25 03:30 | |
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Ric Edelman says cryptos are the first new asset class in 150 years
Digital assets like Bitcoin (BTC/USD) are not correlated, which makes them different from more conventional assets like gold, oil, real estate, bonds, and stocks, Edelman Financial Engines founder Ric Edelman told Yahoo Finance Live. дальше »
2021-6-19 21:12 | |
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“This One is on Mark Cuban,” says CT as He Calls for DeFi Regulation After Getting Rug Pulled on His Promoted Project
Billionaire investor Mark Cuban calls for the regulation of the cryptocurrency sector after the debacle with the algorithmic stablecoin Iron Finance. As we reported, the TITAN token of Iron Finance lost 100% of its value going from $60 to $0 after users started cashing out, sending the prices crashing. дальше »
2021-6-18 18:12 | |
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Ric Edelman: Bitcoin the Most Impactful Innovation Since the Internet, But There’s A Problem
Founder of Edelman Financial Engines Ric Edelman says that many financial professionals do not understand Bitcoin and other cryptocurrencies. This is despite them being educated, in business for a long time, and having more experience in finance, he said. дальше »
2021-6-18 23:22 | |
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Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. дальше »
2021-6-16 14:00 | |
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Mark Cuban says banks should be scared of the DeFi sector
Mark Cuban, an American billionaire investor, has high hopes for the decentralized finance (DeFi) sector and decentralized autonomous organizations (DAOs). He unveiled his bullish sentiments on the industry in a blog post on June 13, saying that a lot of financial institutions should be afraid of these burgeoning industries. дальше »
2021-6-16 15:02 | |
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El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. дальше »
2021-6-11 13:47 | |
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DeFi Shouldn’t be Permitted to Become an Unregulated Shadow Financial Market, says Top Commodities Regulator
Unlicensed decentralized finance (DeFi) markets may be illegal in the US, said the Commodity Futures Trading Commission (CFTC) Commissioner Dan Berkovitz in a speech to the Asset Management Derivatives Forum. дальше »
2021-6-9 16:43 | |
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Asset Managers Could Violate Fiduciary Duty If They Don’t Consider Bitcoin, Says Finance Professor
A professor of finance and business economics at the University of Southern California says that asset managers focusing on growth strategy could violate their fiduciary duty if they do not consider bitcoin in their portfolios. дальше »
2021-6-8 03:00 | |
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Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says
New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. дальше »
2021-6-7 09:30 | |
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Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’
The finance minister of Norway believes that bitcoin may experience “breakthroughs. ” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally. дальше »
2021-6-7 04:00 | |
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Crypto will ‘come to life’ in Nigeria, central bank governor says
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.
дальше »2021-5-28 12:02 | |
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US Congressman Says That Congress Isn’t Prepared To Pass Crypto Legislation
U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. Congress Won’t Pass Crypto Legislation Anytime Soon In an interview with Yahoo Finance on Friday, U. дальше »
2021-5-25 20:55 | |
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Cryptocurrency Exchange ShapeShift Reveals Gas Fee Mitigation Functionality With FOX Token Rewards
Non-custodial exchange ShapeShift has announced new functionality to help decentralized finance (DeFi) users on its platform cut costs. FOX Holders To Be Rewarded According to a blog post on its website, ShapeShift says that users will now reduce their gas fee trades by holding their native token FOX. дальше »
2021-5-22 22:27 | |
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NYU finance professor says ETH will beat BTC at becoming a commodity
Aswath Damodaran, a professor of finance at NYU’s Stern School of Business, believes Ethereum (ETH) is better positioned to become a commodity compared to Bitcoin (BTC). Damodaran shared this thought during an interview on May 20, noting that the blockchain will power future transactions. дальше »
2021-5-21 21:50 | |
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US City in North Dakota Now Accepts Cryptocurrencies for Bill Payments
A city in the U. S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments. The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service. дальше »
2021-5-15 20:30 | |
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