Russia’s Finance Ministry Submits Draft Cryptocurrency Regulations

Russia’s Finance Ministry Submits Draft Cryptocurrency Regulations

The Russian Finance Ministry has submitted A draft of long-awaited cryptocurrency regulations to the government on Monday, marking a small step toward clarity for a booming yet largely unregulated industry. The draft upholds the current ban on crypto payments for goods and services, sets a cap on the amount of rubles that people can invest … Read more

Cryptocurrency noting its way into the mortgage market

According to the Redfin realty brokerage, nearly 1 in 8 first-time buyers sold cryptocurrency during last year’s fourth quarter to help with their down payments — almost as many as those who used cash gifts from their families. (Photo AP/Charles Krupa, archive) Homebuyers who have dabbled in cryptocurrency should know that some lenders will allow … Read more

Cryptocurrency and football′s perfect match causes concerns | Business | Economy and finance news from a German perspective | DW

Cryptocurrency and football′s perfect match causes concerns |  Business |  Economy and finance news from a German perspective |  DW

Last week, European football’s governing body. UEFA, announced a sponsorship deal with Socios.com, a cryptocurrency company which sells “fan tokens” which can only be purchased through its own blockchain called Chiliz. Socios fan tokens are digital assets which fluctuate in value, as with any cryptocurrency. Fan token owners receive perks and can occasionally vote on … Read more

VC Firm Sequoia Capital Bets Big on Crypto

VC Firm Sequoia Capital Bets Big on Crypto

Cryptocurrencies might be posting losses for its investors right now but there is enough money pouring into this space despite the unstable nature of this asset. Experts believe that crypto growth is here to stay. Top notch California venture capital firm Sequoia is the latest to commit close to $600 million to become a more … Read more

How ‘stablecoins’ risk destabilizing global markets

How ‘stablecoins’ risk destabilizing global markets

The Biden administration, the Federal Reserve System and the Financial Stability Board recently raised concerns about “stablecoins”, suggesting that these unique cryptocurrencies could pose a major risk to global financial stability. After Bitcoin and Libra – Facebook’s dead-on-arrival digital currency – global financial regulation authorities have a new enemy: stablecoins. The Financial Stability Board (FSB) … Read more

How ‘stablecoins’ risk destabilizing global markets

How ‘stablecoins’ risk destabilizing global markets

The Biden administration, the Federal Reserve System and the Financial Stability Board recently raised concerns about “stablecoins”, suggesting that these unique cryptocurrencies could pose a major risk to global financial stability. After Bitcoin and Libra – Facebook’s dead-on-arrival digital currency – global financial regulation authorities have a new enemy: stablecoins. The Financial Stability Board (FSB) … Read more

Coinbase Is Confident It Will Ride Out The Crypto Storm

Coinbase Is Confident It Will Ride Out The Crypto Storm

Outside of the Super Bowl, which many called “the Crypto Bowl” due to the record number of ads aired by crypto firms, the year has been marked by a succession of bad news for the emerging crypto industry. The digital currency market has lost over $1 trillion in value since hitting an all-time high of … Read more

Governor Jared Polis Lauds Colorado Cryptocurrency Scene

Governor Jared Polis Lauds Colorado Cryptocurrency Scene

When Governor Jared Polis took to the stage on February 18 at ETHDenver, the longest-standing cryptocurrency conference in the world, he was preaching to the choir. “This is, without a doubt, the most fun thing that I get to do this month,” Polis said, then proceeded to jab Republicans and Democrats alike. Republicans tell people … Read more

Sequoia Capital Makes a Big Risky Bet

Sequoia Capital Makes a Big Risky Bet

Cryptocurrencies might be posting losses for its investors right now but there is enough money pouring into this space despite the unstable nature of this asset. Experts believe that crypto growth is here to stay. Top notch California venture capital firm Sequoia is the latest to commit close to $600 million to become a more … Read more

BuyTheBroncos DAO aims to raise $4 billion to buy Denver Broncos

BuyTheBroncos DAO aims to raise  billion to buy Denver Broncos

DENVER — The Denver Broncos are up for sale, and a group of crypto enthusiasts is aiming to raise more than $4 billion using a decentralized autonomous organization, or DAO, to make it their own. You can think of a DAO like a group of individuals acting in concert with no single leader. Unlike a … Read more