Tag Archives: cryptocurrencies

Ripple CEO: Bitcoin ‘tribalism’ is holding the crypto industry back “Tribalism” around bitcoin and other cryptocurrencies is holding back the entire $2 trillion market, Ripple CEO Brad Garlinghouse has said. “I own bitcoin, I own ether, I own some others,” Garlinghouse said. “I am an absolute believer that this industry is going to continue to thrive.” Bitcoin “maximalism” has meant …

EU Crypto Law, EU Crypto Law, Next 24 Hours Could be Crucial as Officials Debate Emissions, DeFi, NFTs. Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance. The next 24 hours could prove crucial in determining how the European Union (EU) will regulate cryptocurrencies. As the European Parliament moves towards finalizing its position …

Thailand bans use of cryptocurrencies as a method of payment. BANGKOK (March 23): Thailand will bar the use of cryptocurrencies as a means of payments for goods and services, saying the wider use of digital assets threatens the nation’s financial system and economy. Business operators — including crypto exchanges — must not provide such payment services, and are barred from …

Big Win for BTC: Proposal Limiting Proof-of-Work Is Rejected in EU Parliament. A provision that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms failed to get the votes required. A proposed rule that could have, in effect, banned the popular cryptocurrency bitcoin across the European Union (EU) has been quashed. The European parliament’s economic …

Potential plummet for BTC and ETH as EU Measure could ban Bitcoin & Ethereum. Two-thirds of the Bitcoin network is anticipated to fall down if the EU prohibits proof-of-work mining. Government policy has made Bitcoin very centralized. One of its most serious weaknesses was neglected by maxis. There’s no status-quo will give their power voluntarily. They will use all the …

EU vote that may “practically” ban the most popular digital currencies. A European parliamentary committee will vote Monday on a new regulatory framework for crypto assets, which could accelerate passage of a measure that industry executives say could practically ban key digital currencies including Bitcoin and Ethereum in Europe. Crypto-assets issued and/or traded in the EU “shall be subject to …

Ukrainian Parliament Passes Law Legalizing Cryptocurrency. Ukraine’s parliament has passed a bill to legalize and regulate cryptocurrency. Bill No. 3637 On Virtual Assets, “regulates legal relations arising in connection with the turnover of virtual assets in Ukraine.” A spokesperson for the Ministry of Digital Transformation added that the country hopes to open their crypto market by 2022.   Ukraine’s parliament, …

Blockchain on saving billions each year, the cryptocurrencies get all the attention, while blockchain’s biggest advances are hidden beneath the surface. Blockchain, you’ve come a long way! The billion-dollar enterprises (minimum, by sales or market value) on our annual list have evolved beyond test projects and now rely on “distributed ledger” technology to accomplish significant work since our debut roundup …

DOJ Seizes $3.6 Billion in Bitcoin Stolen in Bitfinex Hack. Case represents largest financial seizure ever, Monaco says Two people charged with seeking to launder 119,754 Bitcoin The U.S. seized about $3.6 billion in Bitcoin stolen during a 2016 hack of the Bitfinex currency exchange — the largest financial seizure ever — and arrested two people, the Justice Department said. Ilya …

It’s CBDC guys, central bank digital currency, not the alt coin. Live heatmap: crypto heatmap The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in August 2021. The South Korean central bank said that the first phase of its CBDC mock testing was completed in December while the second phase …