Cryptocurrency Analysis and News Portal
Germany is looking to modernize its capital market via the issuance of electronic securities on a blockchain platform. In an interesting development, the government of Germany is taking a blockchain-based route for the regulation of startups that are working for financial innovation. Earlier this week on April 5, Germany’s finance ministry
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Tesla CEO Elon Musk appears set to visit China amid an increasingly frosty relationship between Beijing and Washington. Elon Musk reportedly plans to visit China in April to meet with the country’s Premier Li Qiang. However, inside sources explained that the timing of Musk’s visit remains subject to Li Qiang’s availability. The Elon
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Cryptocurrency exchange Coinbase is reportedly planning to set up a crypto trading platform outside the United States, where it is currently headquartered.According to a March 17 Bloomberg report, Coinbase discussed setting up the non-U.S. platform with some of its institutional clients. The reported move came amid many U.S. lawmakers and
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Katharine Wooller, Business Unit Director at Coincover Thinks the FCA is taking an incouraging step. She feels that the UK’s approach to regulation has been sluggish, so she thinks more proactivity to protect users is a positive step. “Trust in cryptocurrencies has collapsed once again following the FTX scandal. And if
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A group of United States lawmakers is reportedly planning to reintroduce legislation to change the reporting requirements for certain taxpayers involved in crypto transactions.According to a March 7 report from Punchbowl News, Representatives Patrick McHenry and Ritchie Torres plan to reintroduce the Keep Innovation in America Act. McHenry was one
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Meta is reportedly working towards additional layoffs that could impact another set of thousands of employees. This comes after the technology company laid off 13% of its workers in November 2022 as part of its cost-cutting efforts. On November 9, CEO Mark Zuckerberg said in a letter shared with Meta Platfroms’
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Cryptocurrency exchange Binance has confirmed it is “not planning any layoffs” and is trying to fill another 500 roles by the end of June, according to a Binance spokesperson.The comments came despite a huge spike in crypto layoffs in January — the majority of whom were from crypto exchanges. In
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According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements
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If Singh takes a plea deal, he will join the ranks of other members of Sam Bankman-Fried’s inner circle, including former Alameda CEO Caroline Ellison and Gary Wang, FTX co-founder and former chief technology officer, who are cooperating with prosecutors in their case against the former FTX CEO. Bankman-Fried has
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With the integration of blockchain and AI in estate planning, smart contracts could be used to create, monitor and implement estate plans, potentially reducing the risk of processing problems. The use of AI algorithms in estate planning could provide real-time updates on changes in assets, the law and the market,
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