Interview

What is the FATF Guidance on DeFi?

Source Node: https://bitpinas.com/regulation/fatf-defi-guidance/
Time Stamp: November 14, 2021 9:41 PM - Modified On: November 14, 2021 - Published By:
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Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

‘Properties like Ethereum, Algorand are gonna go up’ because…

Source Node: https://ambcrypto.com/properties-like-ethereum-algorand-are-gonna-go-up-because/
Time Stamp: November 14, 2021 9:30 PM - Modified On: November 14, 2021 - Published By:
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The market **is** choosing — Bitcoin and other cryptocurrencies — over paper money, with which governments are conducting a very dangerous experiment. Although, here’s another common scenario. Buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold. This renowned hedge fund manager recently discussed the same in a CNBC interview – although incorporated a different scenario to this discussion. Anthony Scaramucci, a former White House Communications Director expects Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior inflationary hedge.

U.S. Banks Entering Cryptocurrency Adds Real Legitimacy To The Industry

Source Node: https://beincrypto.com/u-s-banks-entering-cryptocurrency-adds-real-legitimacy-to-the-industry/
Time Stamp: November 2, 2021 9:00 AM - Modified On: November 2, 2021 - Published By:
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The United States government is once again adding more legitimacy and credibility to the rapidly growing cryptocurrency industry. This is through clear regulations that will further incorporate the sector into the country’s financial system and economy. Sponsored Sponsored In an interview with Reuters, Jelena McWilliams, chair of the Federal Deposit Insurance Corp. (FDIC), said that banks must be allowed to hold crypto on their balance sheets, provide custodial accounts in digital assets and facilitate crypto trading for clients. Thus, demonstrating the rapid rise of digital assets this year. In addition to

How to Best Protect Your Money From Hackers as Crypto Markets Boom

Source Node: https://beincrypto.com/protect-money-hackers-crypto-markets-boom/
Time Stamp: November 2, 2021 7:13 AM - Modified On: November 2, 2021 - Published By:
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“I got hacked and don’t even know how it happened,” mourned one crypto user on Twitter. “I left my wallet open in my browser on MetaMask and they got into my wallet. Lost all saitama, floki and hokk.”Sponsored Sponsored A small crypto investor, @ltjyaussie says he has always been careful with wallet security issues but did not know what hit him this time around. The Cyprus-based investor was a victim of a systematic attack. Against all his perceived defenses, he still got taken for a ride. He’s just one of

Why investors are not entirely sold on investing in a Bitcoin futures ETF

Source Node: https://ambcrypto.com/why-investors-are-not-entirely-sold-on-investing-in-a-bitcoin-etf/
Time Stamp: October 17, 2021 7:30 PM - Modified On: October 17, 2021 - Published By:
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With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

As Bitcoin inches towards $60K, Q4 may see ‘parabolic moves in all of crypto’

Source Node: https://ambcrypto.com/as-bitcoin-inches-towards-60k-q4-may-see-parabolic-moves-in-all-of-crypto/
Time Stamp: October 8, 2021 8:30 PM - Modified On: October 8, 2021 - Published By:
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Earlier this week, Bitcoin broke through the psychologically important mark of $50,000 for the first time in a month, causing many investors to turn their eyes to the top cryptocurrency again. The resurgence of interest in bitcoin recently has resulted in higher trading volumes, combined with mega whale moves. Someone(s) bought up $1.6B worth $BTC via market orders in just 5 minutes. Short liquidations seem relatively smaller like $17M at that time. This is more like whale buying, not cascade liquidations.https://t.co/dD3OsykiET pic.twitter.com/0NnvbmaYYm — Ki Young Ju 주기영 (@ki_young_ju) October 6,

Powers On… Don’t worry, Bitcoin’s adoption will not be stopped

Source Node: https://cointelegraph.com/magazine/2021/09/30/powers-on-bitcoins-adoption-will-not-be-stopped
Time Stamp: September 30, 2021 9:08 AM - Modified On: September 30, 2021 - Published By:
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In a series of  recent interviews and speeches, United States Securities and Exchange Commission Chairman Gary Gensler has called the cryptocurrencies market the “Wild West” due to its unregulated and allegedly fraud-filled atmosphere, predicting that the coins were doomed to fail. Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an adjunct professor at Florida International University College of Law, where he teaches

Visa develops interoperability concept for central bank digital currency payments

Source Node: https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdc?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 7:00 AM - Modified On: September 30, 2021 - Published By:
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Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

Former U.S. official says cryptocurrency not some ‘libertarian paradise’

Source Node: https://ambcrypto.com/former-u-s-official-says-cryptocurrency-not-some-libertarian-paradise/
Time Stamp: September 27, 2021 7:00 AM - Modified On: September 27, 2021 - Published By:
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Cryptocurrency has been around for a long time now. However, its mainstream adoption gained a boost lately with 2020 being a remarkable year. But 2021 saw a major push as countries and/or organizations across the globe have been accepting cryptocurrencies in some form or the other. That said, countries have also been working on cryptocurrency regulations to govern the process of exchanging through crypto. Something that can actually benefit these tokens. Former US Treasury secretary Lawrence Summers, while speaking to Bloomberg expressed his opinions concerning the cryptocurrency regulations. During this

Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

Source Node: https://news.bitcoin.com/cryptocurrency-trading-hamster-outperforms-bitcoin-sp-500-since-june/
Time Stamp: September 27, 2021 2:30 AM - Modified On: September 27, 2021 - Published By:
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A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current score of +24% and even got to +50% before the latest crypto selloff. Crypto-Trading Hamster Performs Better Than S&P 500, Bitcoin A cryptocurrency-trading hamster that streams trading signals through Twitch has been on a roll since June, outperforming fellow human

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

Source Node: https://www.bitcoinnewsminer.com/ripple-ceo-says-sec-gives-no-clear-framework-for-crypto-discusses-xrp-lawsuit/
Time Stamp: September 27, 2021 1:38 AM - Modified On: September 27, 2021 - Published By:
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As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in