Over 50 countries have banned cryptocurrencies, according to a report from the Global Legal Research Directorate of the Law Library of Congress. The November report served as an update to research published in 2018, found the number of countries banning crypto “increased significantly” since the research first came out in 2018. Since 2018, “the number…
Although VC funds have been rushing to support various crypto startups, much of that money has not gone to Bitcoin-focused companies, notes Bitcoin Magazine. With the printing press in overdrive, there is an ever-increasing amount of fiat looking for a home. In order to avoid being debased and lose purchasing power, capital allocators are charged…
Crypto enthusiast and ex-Twitter CEO believes Bitcoin will replace the dollar. Jack Dorsey also said crypto users don’t own Web3, implying that the so-called decentralized internet is actually in the hands of venture capitalists. Jack Dorsey, the former Twitter CEO and chief of fintech firm Block (formerly Square), had a tweet exchange Monday evening with…
Main attraction lies in turning the funds into tradable tokens, write ByOlga Kharif and Vildana Hajric on Bloomberg. However, DAO hacks remain a common threat, while legal protection is limited. Index funds have long been pitched as a low-risk and inexpensive way to invest. Now they’re coming to the rollicking world of cryptocurrencies, but with…
Dubai Multi Commodities Centre’s (DMCC) new crypto-focused Future of Trade report highlights growing opportunities for global trade’s $260.9 billion decentralized finance (DeFi) sector. Focused on DeFi, the report examines the key opportunities and challenges that the growing technology faces and how DeFi can bolster global trade. The thought leadership report series of DMCC – the…
Would money be better if it was aligned with our reputations? – asks Imran Ahmed, the founder of Koru Finance. This article is part of Future of Money Week, a series exploring the varied (and sometimes weird) ways value will move in the future. Money is on most of our minds. But what would it…