Cryptocurrency Analysis and News Portal
In a fresh episode of the longstanding battle between the Central Bank of Russia (CBR) and the country's Ministry of Finance, representatives of the former have criticized the latter’s idea of supporting the stablecoins, which some private investors have sought to launch in the country. According to local media, an unnamed representative
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Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry. Peirce, the most pro-crypto commissioner for the United States SEC, told Forbes that the recent crash in crypto, though painful,
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Summary: Vitalik Buterin opposes the banning of Proof-of-Work mining operations by governments. According to Vitalik, governments picking and choosing which specific applications should use electricity or not is a bad idea. He proposes the implementation of carbon pricing as an alternative solution to banning PoW mining. Vitalik was commenting on the news that the
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The European Central Bank (ECB) continues pushing its central bank digital currency (CBDC) project despite Europeans apparently not feeling too positive about a digital euro.The ECB released another working paper on the digital euro, providing an extensive technical analysis of a potential European CBDC and its position in the existing
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Elon has been one of the most outspoken individuals in the cryptocurrency sector, but his brother Kimbal Musk has his own set of beliefs when it comes to the digital asset class. Kimbal stated in an interview with Input Magazine that he is concerned about cryptocurrency’ negative impact on the environment. He
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Russia needs to regulate cryptocurrencies, not ban them, according to the head of the financial policy department at Russia's Ministry of Finance, Ivan Chebeskov.Chebeskov said the ministry opposes the stance of the Bank of Russia, which earlier this month issued a report calling for a full ban on cryptocurrency trading
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A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S. Securities and Exchange Commission (SEC). CFTC Commissioner Stump on Crypto Regulation CFTC Commissioner Dawn Stump has raised concerns regarding the approach her
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Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone Tesla CEO Elon Musk discussed
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Micree Ketuan Zhan, the co-founder of Bitmain who was recently dismissed by Bitmain’s current CEO Jihan Wu, has publicly opposed layoffs at the firm.As Bitmain — the world’s largest cryptocurrency mining firm — is reportedly planning to cut its workforce by 50% before the next Bitcoin (BTC) halving, Zhan
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