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Eswatini Central Bank Partners With German Firm to Explore CBDC
19.10.2022
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its partner. An agreement signed by both parties aims to enable them to deepen their...
Will Censorship Fork Ethereum?
19.10.2022
Disagreement around how to handle sanctions on Ethereum may soon force the chain to split into two: one chain censored, one not. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets
JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report
19.10.2022
JPMorgan has appointed Aaron Iovine as its head of crypto regulatory policy, a newly created role, according to a Bloomberg report on Wednesday
Bitcoin Stuck in a Rut as BofA Survey Reveals 'Long Dollar" is Most Favored Trade
19.10.2022
Bank of America's October survey of fund managers showed the "long dollar" as the most sought after bet for the fourth straight month
How Crypto Might Shake Up England’s Ancient Property Laws
19.10.2022
The Law Commission of England and Wales is exploring how digital assets should be treated under existing and new legislation, and its suggestions may upend centuries-old legal norms
EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy
19.10.2022
Authorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto...
French Lawmakers Approve New Boss for Finance Watchdog
19.10.2022
Former bank lobbyist Marie-Anne Barbat-Layani’s hearings contained a warning for the likes of Binance and Crypto.com setting up in the budding crypto hub
IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
19.10.2022
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new 'Digital Asset' category
South Korean Police Have Seized $1.3m in Crypto in 2022, Critics Say It’s Not Enough
19.10.2022
South Korean police have seized $1.3 million worth of crypto in criminal investigations so far this year, official numbers have revealed.
According to Segye Ilbo, the figure is just a small fraction (1.4%) of the total $92 million worth of assets seized by officers in criminal...
Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
19.10.2022
The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying this will allow local manufacturers to grow and become competitive. The restrictions...
Celo Protocol Moola Market Loses Over $10M in Market Manipulation Attack
19.10.2022
Over 93% of the stolen funds were returned to the protocol shortly after the attack, developers said
Israel's Government and Tel Aviv Stock Exchange Preparing to Issue Digital State Bond
19.10.2022
Israel's Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
First Mover Asia: All Eyes on Aptos; Cryptos Trade Down Even as Stocks Rise
19.10.2022
Aptos is launching at a time when the only concerns about the price of gas involve petroleum, not the virtual metaphor; bitcoin held comfortably above its recent $19,000 support
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...
Aptos Token Plunges in Trading Debut
19.10.2022
The native token of Aptos blockchain opened for trading late Tuesday
A16z Doesn’t Support Plan to Break Up DeFi Giant MakerDAO
19.10.2022
MakerDAO, one of the largest decentralized protocols, is in the middle of a makeover. Rifts have emerged between investors and founders as they offer competing plans for making the protocol more decentralized and try to drive growth
Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation
19.10.2022
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S....
IRS Expands Key US Tax Language to Include NFTs
19.10.2022
Newly released draft instructions for the 2022 tax year change the language from “virtual currency” to broader “digital assets.”
Effort to Reverse Bitcoin Fund Rejection Wins Broad Crypto Industry Support
19.10.2022
In the brief,the Blockchain Association and two other groups said that a spot bitcoin ETF "was ideally suited" for investors seeking exposure to bitcoin