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“# Sri Lanka’s central bank warns public against risks of crypto investment ” Sri Lanka’s central bank has taken the 2021 crypto bull market as an opportune time to warn the public against the risks associated with cryptocurrency investments. In a public notice published on April 9, the Central Bank of Sri Lanka, or CBSL, flagged…
“# US must embrace Bitcoin to counter Chinese ‘financial attack’ — Pomp ” Bitcoin (BTC) can undermine the U.S. dollar if the United States does not take a lead role in accepting it, argues Anthony Pompliano. Speaking to CNBC on April 8, the Morgan Creek Digital co-founder followed up on a warning from investor Peter…
“# More Russians are disclosing their cryptocurrency incomes: report ” The number of cryptocurrency holding disclosures in Russia has been on the rise over the past several months, according to a new report. Russian news agency Izvestia reports Thursday that Russians have been increasingly disclosing their income from crypto trading for tax purposes. The report…
“# New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit ” The Ripple community has launched a new petition to “stop the war” on XRP. Crypto & Policy founder Thomas Hodge has started a Change.org petition directed at Securities and Exchange Commission chair nominee Gary Gensler, asking him to end the SEC’s lawsuit…
“# China using Bitcoin as ‘financial weapon’ against United States: Peter Thiel ” PayPal co-founder and venture capitalist, Peter Thiel, has warned that the Chinese central government may be supporting Bitcoin as a means to undermine the foreign and monetary policy of the United States. But, he added, it has tried to use the Euro…
“# SEC likely to approve Bitcoin ETF in 1-2 years, says analyst ” According to an analyst at CFRA Research, VanEck, Fidelity Investments, and Valkyrie Digital Assets may not see their Bitcoin exchange-traded funds, or ETFs, approved by U.S. regulators for up to two years. In an interview on CNBC’s ETF Edge Monday, Todd Rosenbluth,…
“# UAE minister of economy: Crypto & tokenization “key” to doubling GDP ” At a panel for the World Economic Forum’s Global Technology Governance Summit today, United Arab Emirates minister of economy Abdulla Bin Touq Al Marri said that cryptocurrency and asset tokenization will be key to the country’s plans to double its economy —…
“# DeFi needs regulatory clarity to interface with ‘real-world’ finance, experts say ” Rune Christensen, founder and CEO of DeFi bluechip MakerDAO, says the decentralized finance space is set to move from its current isolated bubble phase toward more integration with the broader financial landscape. Christensen made this known during Tuesday’s plenary session “Behind the…
“# BitMEX’s Arthur Hayes surrenders in Hawaii, released on $10M bond ” Former BitMEX CEO Arthur Hayes surrendered to U.S. authorities in Hawaii on Tuesday, six months after federal prosecutors first levied charges against him and three fellow BitMEX executives. In a statement, Hayes’ lawyers described the Singapore resident as “a self-made entrepreneur who has…
“# Ripple wins access to SEC discussions on defining crypto assets as securities ” Ripple Labs has been granted access to U.S. Securities and Exchange Commission documents “expressing the agency’s interpretation or views” on the subject of crypto assets. According to Law360, U.S. Magistrate Judge Sarah Netburn granted the defendants’ motion “in large part,” determining…