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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ukraine has announced its commitment to adopt the European Union’s new regulation on Markets in Crypto-assets (MiCA) which aims to provide a clear and comprehensive legal framework for the European crypto industry. The European Parliament approved MiCA
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Valkyrie Investments, a Tennessee-based asset manager, has announced its intention to become the new sponsor of Grayscale’s Bitcoin Trust (GBTC). The company states that it is “uniquely qualified” for the role and plans to facilitate redemptions at net asset value (NAV) through a Regulation M filing. Valkyrie Offers to Take Over
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The mining unit filed for bankruptcy just few months after it said it intends to go public. Source
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Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer tap out.” Michael Burry on Inflation and Fed’s Rate Hikes Famous investor
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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to Ban’ Crypto The chairman of the Board of Governors of the
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Federal Reserve Chair Jerome Powell said he does not intend to ban cryptocurrencies cryptocurrencies, but said stablecoins need greater regulatory oversight in a House Financial Services Committee meeting on Thursday.The two-hour long meeting, meant to serve as a forum for representatives to ask Treasury Secretary Janet Yellen and Powell about
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United States Senators have cast their votes, and the contentious HR 3684 infrastructure bill cleared in the upper Congress chamber. Now, the gigantic document of over 2,700 pages and amounting to almost $1 trillion is heading to the House of Representatives, including the provisions expanding the definition of a cryptocurrency
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Facebook’s announcement in June to launch its own cryptocurrency, Libra, met a lot of obstacles as countries including France and Germany claimed that the use of Facebook’s digital currency in their territories could be a potential risk for their financial sector.In accordance with that assessment, recently a European Union draft
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