UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads

2023-2-6 13:57

Rules aren’t set in stone but will mirror those for other high-risk investment, the Financial Conduct Authority said

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Banking Giant Goldman Sachs Ranks Bitcoin As World Best Performing Asset

Ahead of Gold, US Treasury, the S&P 500, and others, banking giant Goldman Sachs ranks Bitcoin (BTC) in the top 1 best-performing asset year-to-date, per a Twitter user. Related Reading: MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault According to Goldman Sachs, Bitcoin has outperformed its cryptocurrency pairs and those major financial institutions of the traditional market with a risk-adjusted return (Sharpe ratio) of 3.

2023-1-26 01:25


Fed Chair Says, Crypto Is Not A Financial-Stability Concern But An Issue For Those Who Don’t Understand It

On Wednesday, the Federal Reserve announced that it was doubling the pace of its bond-buying tapering and forecasted three rate hikes in 2022. Following the end of the central bank's two-day policy meeting, in a news conference, Fed Chair Jerome Powell also commented on cryptocurrencies, saying he doesn’t view them as a “financial stability concern.

2021-12-16 18:33


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The Challenges and Benefits of Cryptocurrency In The Gaming Industry

The ever expanding influence of cryptocurrency has deeply penetrated the gaming world, giving rise to the term “GameFi”, which is simply the incorporation of gaming into finance. Although GameFi is not limited to any particular game or platform, blockchain has given rise to increased financial freedom for those in developing countries through the adoption ofRead More

2021-11-4 10:00


Dubai Financial Services Authority Releases Regulatory Framework for “Investment Tokens”

The Dubai Financial Services Authority (DFSA) has announced its regulatory framework for “Investment Tokens,” which can be securities or derivatives. The agency defines investment tokens as cryptographically secured tokens that represent rights and obligations similar to those conferred by a security or derivative or has a similar purpose and are issued, transferred, and stored using […] The post Dubai Financial Services Authority Releases Regulatory Framework for “Investment Tokens” first appeared on BitcoinExchangeGuide.

2021-10-26 17:36


Play To Earn & The New Leisure Economy – What are the Options?

In recent times, those in the DeFi and metaverse space have encountered yet another way in which ordinary people can earn considerable amounts of money on the blockchain. Coming in the form of play-to-earn communities, platforms such as Yield Guild Games (YGG) and UniX are early adopters of ecosystems that provide gamers in developing countries with these financial opportunities.

2021-9-28 09:26


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ASTRA Brings Legal Assurance And Consumer Protection To DeFi And CBDCs Alike

Legal assurance and consumer protection are two crucial concepts in the financial world. Unfortunately, for cryptocurrencies and digital assets, those concepts are relatively tricky to come by. While central bank digital currencies get a lot of attention lately, the Astra Protocol team is working on a solution for cryptocurrency users.  The Rise Of Central BankRead More

2021-9-10 08:00


How Governments Mining Bitcoin Could De-Risk Cryptocurrency

There’s seemingly a constant conversation, particularly with those involved in legacy financial institutions, about how cryptocurrency can be – to a certain degree – “de-risked. ” Can government mining, or merely taxation structure, address this? While many traditional financial players that are not crypto-first, but are crypto-adjacent (take Visa as a prime example) are relying on the use of stablecoins like USDC as their main pillar of transactions, there are other conversations happening about how crypto risk can be managed.

2021-8-9 01:18


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Tiktok Bans Users From Promoting Cryptocurrencies

Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content promoting cryptocurrencies and related products and services.

2021-7-10 14:30


Google Releases New Policies On Crypto-Related ADs

Google has announced an update to its financial products and services policy, which includes its policy on cryptocurrency advertising. The Tech Giant Introduces New Crypto Policy In a policy statement published Wednesday, Google said that “beginning August 3, advertisers offering Cryptocurrency Exchanges and Wallets targeting the United States may advertise those products and services when […]

2021-6-3 23:53