Cryptocurrency Analysis and News Portal
The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country's legal framework with regard to its regulation of cryptocurrencies. According to local media, one major concern is that the bill in question does not appear to consider tokens as digital assets or securities — and they therefore wouldn't
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The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green light to offer services in the country.Just
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Meanwhile, Le said investors shouldn’t expect any surprises in strategy. On the company’s earnings call late Tuesday, Le said that he's been aligned with Saylor on the enterprise and bitcoin strategy throughout their time together. The changes, he said, will free up time for him to run the company. "I
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Crypto was born from the desire to create a better, more equitable financial system built atop of an infrastructure that’s inclusive, and accessible to anyone, no matter who they are or where they live. Since the introduction of Bitcoin in 2009, the cryptocurrency industry has matured far beyond its original concept
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Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risks as tradition finance and needs “strong guardrails,” Brainard claimed, pointing to the recent downturn in market
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Belgian-born Bitcoin Core developer, Peter Wuille is scaling back his contributions to Bitcoin Core. Nevertheless, he will continue contributing code to the project and remains a key player in the Bitcoin ecosystem, given both his influence in the Bitcoin community and his role at Chaincode Labs. Source
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The influence of social media and crypto has given rise to a new form of scamming and fraud known as cryptocurrency scams, which have increased in number and severity over the past few years. According to a recent report, nearly $1 billion was lost through cryptocurrency scams in 2021, with
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“Fragmentation means that crypto cannot fulfill the social role of money,” concluded the report authors. The report contended that as transactions per block near their limit, the cost of transactions rises, causing users to seek out alternative blockchains. This “fragmentation” means blockchains cannot harness the beneficial network effects we associate
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The latest moves in crypto markets in context for May 24, 2022. Source
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