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” Crypto’s regulatory fate will be decided in the year ahead “ It would be ideal for the industry for Congress to weigh in on its fate rather than leaving it to unelected regulators at the Securities and Exchange Commission (SEC). To that end, representatives from both sides of the aisle have introduced bills designed…
“Peru’s new government declares police state amid protests” Peru’s new government declared a national emergency Wednesday as it struggled to calm violent protests over President Pedro Castillo’s ouster, suspending the rights of “personal security and freedom” across the Andean nation for 30 days. Acts of vandalism, violence and highway blockades as thousands of Peruvians are…
” Anonymous crypto developers belong in prison — and will be there soon “ In the months following the announcement of my company’s first experimental title, Cyberstella, visits to my personal LinkedIn profile increased by an astonishing 300%. What does this tell us about the rising trend of anonymous developers popping up in every Web3…
” Australian ‘token mapping’ consultation paper to release in early 2023: Treasurer “ Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector has received greater attention from Australian regulatory and enforcement agencies since the FTX implosion, with…
” Algorand to support bank and insurance guarantees platform in Italy “ Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets. The Algorand-supported platform is expected to be launched in early 2023. According to Algorand’s Dec. 13 announcement,…
” Crypto Twitter explodes over the news of Sam Bankman-Fried’s arrest “ Crypto Twitter has blown up over the shocking news of Sam Bankman-Fried’s arrest in The Bahamas — many of whom weren’t expecting it to happen so soon. On Dec. 12, the disgraced FTX founder was arrested by the Royal Bahamas Police after receiving…
” Brazil could cement its status as an economic leader thanks to 2024 CBDC move “ As of 2022, more than 30 million Brazillian citizens have no bank accounts, and no credit or debit cards. What’s wrong here? For roughly a decade, Brazil has been passing legislation aimed at changing the situation. However, the results…
” Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow “ Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be…
” US senator: There’s ‘no reason why’ crypto should exist “ Another crypto-skeptic United States senator is on the loose, with Democrat Jon Tester boldly stating that he sees “no reason why” crypto should exist. Tester is the senior senator of Montana and has held a seat there since 2007. He also serves on the…
” Gensler’s approach toward crypto appears skewed as criticisms mount “ Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach…