# Russia’s central bank to study crypto investment risks

# Russia’s central bank to study crypto investment risks

“# Russia’s central bank to study crypto investment risks ” Russia’s central bank has scheduled a risk assessment for cryptocurrencies like Bitcoin (BTC), according to the Bank of Russia’s screening program for the second half of 2021. The examination of the potential risks of cryptocurrency investing will consider “systemic risks linked to cryptocurrency investment by Russian…

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# Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’

# Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’

“# Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’ ” Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC). Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency….

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# Australian regulators seek public input on crypto ETPs

# Australian regulators seek public input on crypto ETPs

“# Australian regulators seek public input on crypto ETPs ” The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is aware of rising interest and demand in their launch on regulated Australian markets. In a consultation paper released June 30, the regulator said its top…

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# China crackdown shows industrial Bitcoin mining a problem for decentralization

# China crackdown shows industrial Bitcoin mining a problem for decentralization

“# China crackdown shows industrial Bitcoin mining a problem for decentralization ” Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s…

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