Blockchain & Crypto Archives - Page 59 of 298

AMF Head Calls for Changes to Crypto-Asset Regulation

February 8, 2021

France’s top financial regulator has called for a shake-up of how “crypto-assets that qualify as financial instruments” are supervised, a move that could have big implications for digital asset providers in t...

Dogecoin Crosses $10 Billion Market Cap, DOGE Beats XLM and BCH

February 8, 2021

Dogecoin is now the world’s 10th most valuable cryptocurrency after a 40% jump in the last 24 hours pushed the total market cap of DOGE to a record high. Dogecoin’s market cap reached $10 billion on Monday, m...

India May ‘Fast-Track’ Its Proposed Restrictive Crypto Bill: Report

February 8, 2021

After a new cryptocurrency bill appeared on the scene in India’s legislative system last week, the bill is apparently on a ‘fast track’ to be considered for passage into law. The bill, called the “Cryptocurre...

CME Group Launches Ethereum Futures Contracts

February 8, 2021

The Chicago Mercantile Exchange (CME) Group, a leading United States derivatives exchange, has launched the much-anticipated Ethereum futures contracts on Sunday after the initial announcement late last year....

Nigerian Crypto Ban Creates Confusion among Local Traders

February 8, 2021

The Central Bank of Nigeria (CBN) dropped a bomb on the country’s growing cryptocurrency community last week with its order to the banks and other financial institutions to ban crypto exchange accounts. The ...

Bitcoin Projected to Grow Faster Than the Internet, Says On-Chain Analyst

February 7, 2021

According to prominent on-chain crypto analyst Willy Woo, Bitcoin is currently growing faster than the internet, and it will have roughly one billion users by 2025. Woo says that, in terms of adoption, Bitco...

U.S. Navy Couple Allegedly Sold 9,000 Stolen Identities for $BTC

February 7, 2021

A California couple has been charged for the alleged illegal sale of more than 9,000 stolen identities in exchange for Bitcoin. According to a report from NBC Los Angeles published on Tuesday (February 2), N...

CME Group’s Chief Economist Calls Bitcoin An ‘Emerging Competitor’ to Gold

February 6, 2021

Recently, Bluford Putnam, Managing Director and Chief Economist at CME Group, said that Bitcoin is an “emerging competitor” to gold. Putnam is “responsible for leading global economic analysis and monitoring...

Hedge Fund Pushes Back on JPMorgan’s Claim That ETF Would Hurt Bitcoin

February 6, 2021

A UK-based hedge fund has refuted claims made by JPMorgan Chase that a bitcoin exchange-traded fund (ETF) would hurt the price in the short-term. In a client note distributed in January, JPMorgan strategists...

Chinese City Suzhou to Distribute $5 Million in Digital Yuan

February 5, 2021

China is extending its digital yuan trial yet again as the city of Suzhou has announced the lottery to distribute 30 million yuan (around $5 million) among the residents in digital fiat. The city government ...