Cryptocurrency Analysis and News Portal
If you’ve bet with Bitcoins and other cryptocurrencies before, you’ll understand new crypto casinos are springing up all the time. You’ll probably also know that the days of homebrew titles are behind us, with many of today’s top casino games now playable with BTC, LTC, ETH and others. Just how
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Centralized systems are required to bring money into crypto from mainstream finance and also to provide an exit route.Dec 31, 2021 at 1:26 p.m. UTCUpdated Dec 31, 2021 at 1:26 p.m. UTCBinance CEO Changpeng Zhao speaks during Consensus (CoinDesk archives) Original Source
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Bitcoin staged a powerful rally to start off 2021, punctuated by tweets from the billionaire Tesla founder Elon Musk that sent prices soaring for the joke token dogecoin. Soon, though, China’s crackdown on cryptocurrency mining and increasingly nagging concerns over the Bitcoin blockchain’s environmental footprint cast a pall over the
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While South Korea’s plan to tax income from virtual assets has been postponed until 2023, users will be required to pay a levy on inherited or donated crypto assets.Dec 31, 2021 at 12:50 p.m. UTCUpdated Dec 31, 2021 at 12:50 p.m. UTCSeoul, South Korea. (Ciaran O'Brien/Unsplash) Original Source
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The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down on the industry. NPP
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The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities
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According to a source familiar with the Senate Banking Committee, Frayer spearheaded crypto policy for Sen. Brown – who has been outspoken about his concerns about the risks cryptocurrencies could pose to investors, calling blockchain a “shady diffuse network of online funny money” at a hearing in July – and other
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United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work. In a Thursday announcement, the SEC said Corey Frayer would be joining Gensler’s executive staff as a senior adviser on the agency’s oversight of
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Forming a single regulator to oversee crypto would not be a panacea for the industry’s regulatory woes, said U.S. Securities and Exchange (SEC) Commissioner Hester Peirce on CoinDesk TV’s First Mover Thursday.“I certainly understand the impulse to call for one regulator. I have a couple problems with it,” Peirce said.
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Shark Tank celebrity Kevin O’Leary, also known as Mr. Wonderful, says he would be ready to increase his crypto allocations up to 20% as soon as there are clearer regulations around stablecoins. O’Leary, a former Bitcoin (BTC) skeptic, is now a vocal advocate of cryptocurrency, which currently makes up over 10%
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