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“# BBC gets into blockchain tokens with Doctor Who: Worlds Apart ” Cointelegraph has been espousing the potential of nonfungible tokens for years. As you might expect from the leading independent digital media resource on all things blockchain and crypto. But when a world-renowned organization like the British Broadcasting Company starts getting involved in the…
“# Digital ruble will undercut bank profits but help businesses: Bank of Russia ” Russia’s digital ruble is expected to reduce business costs, but could also cut profits for commercial banks, according to Elvira Nabiullina, the chairwoman of the Bank of Russia. At a Dec. 3 meeting of “Opora Russia,” a non-governmental organization of small-…
“# Consideration phase for digital euro to go well into 2021, says ECB exec ” Financial authorities in Europe could form an investigation plan for a digital euro as early as next year, according to an executive at the European Central Bank. Holger Neuhaus, head of market innovation and integration division at the ECB, joined…
“# The butterfly effect: Why DeFi will force BTC to break its 21M supply ceiling ” 2020 was unequivocally the year of decentralized finance. Driven by surging interest and striking breakthroughs, DeFi protocols accelerated financial innovation while reshaping the blockchain landscape. Buoyed by innovations in cross-chain asset gateways and DeFi protocols, Ethereum has attracted a…
“# Did you fall for it? 13 ICO scams that fooled thousands ” Using blockchain technology, initial coin offerings have become an alternative means of acquiring funding for business projects using the new, evolving digital financial market for tokens. In contrast to initial public offerings, which are governed by strict legal regulations, ICOs require only…
“# Facebook’s Diem stablecoin is an existential threat to traditional banking ” Facebook, it is reported, could launch its long-awaited digital currency as early as January 2021 in the form of a U.S. dollar-backed stablecoin. Central banks and regulators have been galvanized into action since Facebook first announced its intentions by publishing a white paper…
“# It’s time to mature: We need compliant decentralized finance ” The crypto space is an incredible, albeit risky, learning environment. Its volatility serves as a dire warning to those who like to test how deep the pool is by jumping in headfirst. Old guards constantly warn newcomers: “Take it slow, learn the basics and…
“# It’s not about data ownership, it’s about data control, EFF director says ” As technology advances, personal data becomes an increasingly relevant topic. Many in the crypto industry hold sovereign finance and data privacy in high regard. Participants’ best efforts may be undermined by centralized businesses and regulating bodies, however, according to Cindy Cohn. Cohn is…
“# Coinbase becomes a founding member of Square’s crypto patent group ” The Cryptocurrency Open Patent Alliance, or COPA, headed up by finance company Square, recently picked up Coinbase as a cornerstone participant. Square unveiled the group in September as a method of warding off patent overreach — an issue that has been known to…
“# DeFi and Eth 2.0 are whole new convos for regulators, says SEC’s Hester Peirce ” Hester Peirce, commissioner for the United States Securities and Exchange Commission, explained during an exclusive interview with Cointelegraph that decentralized finance, also known as DeFi, has created new challenges for the SEC. Peirce, nicknamed “Crypto Mom” for her interest…