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Pro-Bitcoin US Lawmaker Cynthia Lummis Joins Senate Banking Committee, Plans to Convince Janet Yellen BTC Is Great Store of Value
8.2.2021
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value. Lummis says that Yellen has...
Indian Government Prepares to Fast Track Crypto Bill — Plans to Introduce Cryptocurrency Law in a Month: Report
7.2.2021
The Indian government is reportedly considering taking “the ordinance route” to quickly pass the cryptocurrency bill. “The government is of the firm view that they want to introduce the law within a month of clearance of the ordinance,” a local news outlet detailed. Indian...
After Yearn exploit, attacker funds frozen and reimbursement plans developing
5.2.2021
Seized funds bring the damage down to $9 million as multiple communities ponder the next step in reimbursing user funds
Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token
5.2.2021
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld...
Crypto Asset Manager Bitwise Files to Publicly Trade Bitcoin Fund
3.2.2021
On February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved Bitwise will be able to deploy its shares publicly via over-the-counter (OTC) desks and secondary markets....
Robinhood reportedly shelves IPO plans in wake of GameStop PR disaster
2.2.2021
An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence
Visa CEO Says Payments Giant Set to Introduce Cryptocurrency Trading on Its Network
31.1.2021
Payments giant Visa Inc’s CEO Alfred Kelly has revealed his firm’s plans to enable cryptocurrencies trading on its network. Kelly, who is also chairman of the firm, explains that there is no reason not to add cryptos when these are increasingly becoming “a recognized means...
World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’
31.1.2021
The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has clarified his view on bitcoin and cryptocurrency. Ray Dalio also reveals that he and his colleagues at Bridgewater “are intently focusing on alternative storehold of wealth...
Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
30.1.2021
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...
US Congress Plans Hearings on GameStop Market Pumps
28.1.2021
While Congress is planning multiple hearings, it's less clear what financial regulators might do
Coinbase unveils plans for direct stock listing
28.1.2021
The San Francisco-based digital currency exchange plans to go public later this year
Bitkub submits improvement plans to Thai SEC and resumes trading
25.1.2021
The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes
Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation
23.1.2021
Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto...
BIS Plans Platform for Testing Central Bank Digital Currencies in Cross-Border Payments
22.1.2021
The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021
Alongside CBDC Plans, BIS Reveals Tokenized Green Retail Bond Pilot
22.1.2021
The headquarters of the Bank for International Settlements in Basel, Switzerland. The Bank for International Settlements (BIS) has announced that it will begin work on a new blockchain-powered tokenization incentive, and will intensify its central bank digital currency (CBDC) operations...
Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M-Worth in Prize Draw
21.1.2021
Being held as a public pilot of the central bank digital currency, lottery entrants can apply to win 200 digital yuan each
Top Russian bank Sberbank plans to launch its stablecoin by spring 2021
21.1.2021
Sberbank has applied with the Central Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin
Early Ether investor sells all his ETH, plans to buy parents a house
21.1.2021
Early Ether buyer liquidates ETH stash “hodled” for five years
Kyber plans to become a hub for DeFi with massive DEX upgrade
21.1.2021
The Kyber 3.0 upgrade would see the project expand into all niches of on-chain liquidity pools
Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
21.1.2021
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates...