A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptocurrencies,” he claims, stating that […]
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Popular NFT marketplace OpenSea is launching an investment arm after raising $300M at a $13.3 billion valuation in January. Source link
Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme would jeopardize investors’ chances of recovering their funds. The Unsubstantiated Claim South African liquidators of […]
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our […]
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about how to […]
Christopher Perkins, who joined the VC firm from Citigroup last summer, says he’s encouraged by increasing bipartisan support in the U.S. for blockchain technology. Source link
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC […]
Global markets extended a slide from Thursday as the negative impact of quantitative easing came to light. Source link
Second, van Eck recommended not forcing tax withholdings on stablecoins in the future. That move would give stablecoins an opportunity to prove their value in the U.S. “Most stablecoins currently don’t pay dividends,” he wrote. […]
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