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At the same meeting, key U.S. Treasury official Jay Shambaugh said drafting global crypto rules wouldn't normalize the sector's disasters, much like how mandating seat belts didn't normalize car crashes. The roundtable, which was hosted by India as the current G20 president, was conducted under Chatham House rules and thus
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The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange regulation. Source
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The Bank for International Settlements, or BIS, has reported it has concluded a project exploring international retail and remittance payments use cases for central bank digital currencies, or CBDCs, with the central banks of Israel, Norway and Sweden.In a March 6 report, the BIS said it had finished Project Icebreaker,
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The World Economic Forum's annual meeting wrapped up with a fiery panel on the role of regulators in crypto, plus more from Davos, Switzerland. Source
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By the end of this year bitcoin will have 13 consecutive years of recorded market value under its belt. Seven of those years saw Santa rallies all the way up until New Year’s Eve, and five of the 13 years saw bearish returns from Dec. 1 to Dec. 31. There’s
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Republican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term, has used one of his last few weeks in office to introduce a new stablecoin bill, aimed at creating a regulatory framework for “payment stablecoins.”Toomey — who also serves as the Ranking
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Yuga Labs, the creator of the Bored Ape Yacht Club, or BAYC, teased a new collaboration with blockchain game publisher Animoca Brands on Twitter on Thursday. The catch is that no details about the project have been revealed yet, and users who signed up for it via a Know Your
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Intel revealed the specs of the first generation of its highly anticipated mining chips at the International Solid-State Circuits Conference on Sunday, but didn't reveal details about the second generation, which will be supplied to Griid Infrastructure, a bitcoin mining company, later this year. Source
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“The overwhelming response has been that these players adore Skyweaver for its gameplay alone – the strategy, the depth, the graphics, the new mechanics, all of that. They also love the player-owned economy, and I’ve seen how it can help them realize the potential of NFT economies,” Sanders said. Source
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This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown’s Weekly Recap,” NLW covers:The record-setting performance of the first bitcoin futures exchange-traded fund and what happens next as new ETFs come to marketA massive spate of fundraising, particularly for crypto-focused venture capital fundsNew institutional and mainstream adoption of
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