Cryptocurrency Analysis and News Portal
Crypto needs to establish itself as a "brand-new" component of traditional finance, rather than try to squeeze itself into existing financial products, suggests the CEO of crypto exchange Bittrex Global.The company's United States arm recently filed for Chapter 11 bankruptcy, announcing it intended to return customer funds and wind U.S. operations.
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Stablecoin issuer Tether has announced plans to purchase Bitcoin with 15% of realized operating profits routinely. Tether International Limited (Tether) seeks to further consolidate its reserves by purchasing Bitcoin (BTC) with its operating profits. An official post states that beginning this month, the stablecoin company will regularly allocate up to 15% of its realized
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On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech that a CBDC is one of several options for “upgrading the legacy capabilities
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Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan. Statement from Auros regarding recent references in the media – pic.twitter.com/9RFHhYjHqz— Auros (@Auros_global) December 20, 2022 Following the collapse
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La legislación, en general, requeriría que las stablecoins estuvieran totalmente respaldadas por activos de reserva. Las llamadas “stablecoins de pago” serían aquellas que están respaldadas por activos líquidos, mientras que las algorítmicas, denominadas “stablecoins con garantía endógena”, estarían restringidas. Por su parte, los tokens existentes contarían con una protección por
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The missive also called for implementation of the Financial Action Task Force (FATF) travel rule, a controversial anti-money laundering provision that jurisdictions, such as the European Union, are currently legislating for, and for "stronger disclosure and regulatory reporting, for instance, as regards reserve assets backing stablecoins." Original Source
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Despite the odds stacked against it, Skyweaver, the latest play-to-earn NFT gaming phenomenon, might reach an audience beyond crypto. The actual iPhone app runs smoothly. The onboarding process takes you straight to the action, though the tutorial was perhaps a few beats too long. The art is reminiscent of an
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Los activos digitales no son de curso legal como sí lo es el peso uruguayo, y no son emitidos ni están respaldados por ningún banco central, dijo el BCU, entidad que añadió que la emisión y negociación de activos digitales no entran en el ámbito de actividades del banco central,
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