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The Tightrope of Regulation

In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread

Passport of the Future

A few years ago if you were to talk about governments being able to control your money and impose travel restrictions on their citizens most people would roll their eyes and ask where your tin foil hat was. These days however the dystopian future dreamt of by science fiction authors is rapidly becoming a reality. When it comes to dystopian visions of society and governmental overreach, most people’s first thoughts turn to China. Although they may be ahead of the curve at the moment, their path to a digital future

Rock and Roll Hall of Famer Dave Mason to Join Sophia’s Mission as their National Spokesperson

Dave Mason Spokesperson Announcements will be aired on Sophia’s Mission’s NEWHD Media Stations New York— 10/19/2022 — Father Zachary Martin, Founder of Sophia’s Mission and longtime friend of Dave Mason is proud to announce that beginning in November, Dave is joining his cause to serve as National Spokesperson. Sophia’s Mission is a registered 501©3 that advocates and creates meaningful employment for people living on the Autistic Spectrum and with Disabilities (ASD). Sophia’s Mission’s NEWHD Media, is making it possible for people with ASD and Disabilities to enter the exciting profession

🔴 A Major Bitcoin Upgrade Activated | This Week in Crypto – Nov 15, 2021

 Apple’s CEO reveals he owns crypto, Twitter establishes a crypto department and bitcoin gets a major upgrade. These stories and more this week in crypto. The value of the total crypto market topped above $3 trillion this week with Bitcoin reaching $69000 and Ethereum going over the $4800 mark. Prices rose after the US Bureau of Labor Statistics released its October inflation figures which reflected the steepest monthly rise in 30 years, and investors are looking to cryptocurrencies as a hedge against inflation. Tim Cook—the CEO of Apple—revealed that

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

BC.Game Casino Accepts $Floki And Promotes Crypto Giveaway

BC.Game casino is making headlines again, for good reasons. As one of the most innovative and forward-driven casinos, BC.Game is always finding ways to make their casino more inclusive. One way they continually impress the crypto casino community is by adding more token options. They already accept well above 50 cryptocurrency options, offering some of the most well-known and upcoming tokens out there.  In recent news, they have decided to add another cryptocurrency option, a token taking the crypto world by storm. Whether that’s because it has a real use

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

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

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

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

Coinbase won’t pursue its planned lending service, fears SEC scrutiny 

It appears that Coinbase would prefer to be on the safe side rather than dealing with U.S. Securities and Exchange Commission’s scrutiny and pressure.  In a blog that the crypto exchange has posted, it announced that it would no longer pursue its plans to roll out its “Lend” service, which is supposed to be a crypto-based lending service.  Lend was supposed to be a service that would pay users if they lend out their tokens, but the SEC has warned the company about the legal consequences of such service.  Showing

Making DeFi mainstream: An interview with FEG token Marketing Manager Chris

Although the DeFi space is growing significantly, it still lacks mass adoption. Another issue faced is by novice users in the space who can fall prey to scams and rug pulls easily. FEG Token is built to provide a decentralized transaction network that operates on Ethereum and Binance Smart Chain blockchains. The multi-chain exchange, FEGex, offers decentralization and is driven by its community. In conversation with Chris, the Marketing Manager for FEG Token, we talk about the DeFi space, FEGex’s solution, FEG Token, and much more. 1. According to you,

Spain: Here are the latest regulatory requirements for crypto-exchanges

Spain’s central bank is all set to roll out the new registration process for crypto-exchanges by September-October. Exchanges, along with crypto-asset custody platforms and wallets, will be required to register with authorities in order to comply with legal requirements. This, the institution believes, will address transparency and terrorism financing issues. The aforementioned steps are mandated by the Prevention of Money Laundering and Financing of Terrorism Law. It was passed by the Spanish parliament last year. Subsequently, this provision was included in Royal Decree-Law 7/2021. It gives a period of six