As we anticipated, the American and European financial systems are actively resisting the “new money”. In the US, the Treasury has joined the SEC in its efforts, and in the EU, the opposition comes from the European Central Bank. In mid-September, the US Department of the Treasury was reportedly developing guidelines for stablecoin issuers. Once…
Art that was usually confined inside the museum or the apartment has found an expansive new home now – in the world of crypto. Contemporary art sales are back, hitting a record $2.7 billion in the past year, thanks to the love between young people and blockchain. According to Artprice, a leader in art market…
Bakkt, a crypto marketplace and custodian, announced Monday a partnership with Google to extend the “reach and usability of digital assets to meet rapidly evolving consumer demand.” Bakkt users will now be able to add their virtual Visa Debit cards into Google Pay, providing the ability to pay in crypto at a variety of online…
Amid the Dubai Expo 2020, many crypto and blockchain events are being held in Dubai right now. From now till the end of 2021, the series of events keep coming. The United Arab Emirates (UAE), especially Dubai, is known for its friendly position in the crypto and blockchain spaces. Dubai has rapidly become a city…
JPMorgan Chase CEO, Jamie Dimon, said at a conference on October 11 that cryptocurrencies should be regulated by governments and that he personally sees Bitcoin “worthless.” Speaking at a virtual event hosted by the Institute of International Finance, Jamie Dimon referred to banking regulations in a conversation held virtually by the Institute of International Finance,…
The Biden administration is reportedly planning a wide range of crypto oversight and might issue an executive order for the agencies regarding it. The Executive order might be aiming to combat the growing threat of ransomware attacks like the Colonial Pipeline incident and other cybercrime associated with crypto-assets. Reuters reported, the US National Security Council…