Search
Close this search box.

April 2022

Chinese tech stocks in Hong Kong slip as investors watch Covid situation in China

Chinese tech stocks in Hong Kong slip as investors watch Covid situation in China

KEY POINTS Shares in Asia-Pacific mostly declined on Friday after a comeback on Wall Street as investors continued to digest the Fed’s plans to fight inflation. Major stock indexes in the U.S. reversed losses to rise slightly at the close, led by defensive stocks. SINGAPORE — Shares in Asia-Pacific were mixed on Friday, as Chinese […]

Chinese tech stocks in Hong Kong slip as investors watch Covid situation in China Read More »

Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks

Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks

Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary Yellen on Crypto Regulation U.S. Treasury Secretary Janet Yellen talked about crypto regulation Thursday at American University’s Kogod School of

Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks Read More »

Shopify Bitcoin payments integration triggers legal questions from the community

Shopify Bitcoin payments integration triggers legal questions from the community

Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. Crypto researcher Matt Ahlborg

Shopify Bitcoin payments integration triggers legal questions from the community Read More »

RICARDO SALINAS: THE CULT OF CENTRAL BANKING AND FIAT FRAUD

RICARDO SALINAS: THE CULT OF CENTRAL BANKING AND FIAT FRAUD

Ricardo Salinas, Mexico’s third-richest man and outspoken Bitcoin advocate, addressed cultish behavior and religion as it relates to central banking systems. Ricardo Salinas, third-richest man in Mexico and CEO of Grupo Salinas, a consortium of companies, gave a keynote address during Bitcoin 2022. Salinas discussed the problems within a fiat system as centralized entities fraudulently

RICARDO SALINAS: THE CULT OF CENTRAL BANKING AND FIAT FRAUD Read More »

NEAR Token Has Doubled in 4 Weeks, Here’s Why

NEAR Token Has Doubled in 4 Weeks, Here’s Why

Venture capitalists’ vote of confidence and stablecoin rumors push the NEAR token higher. NEAR, the cryptocurrency powering layer 1 blockchain Near, has entered the crypto market’s historically bullish second quarter with a bang. The token has doubled to $20 in four weeks, significantly outperforming major coins: bitcoin gained 15% and ether 30% in the same period. Furthermore,

NEAR Token Has Doubled in 4 Weeks, Here’s Why Read More »

Bitcoin Becomes Legal Tender in Honduran Special Economic Zone

Bitcoin Becomes Legal Tender in Honduran Special Economic Zone

Bitcoin and other cryptocurrencies have become legal tender in a special economic zone on an island on Honduras’ Caribbean coast, officials said. The tourist-centric island – named “Honduras Prospera” – was established in 2020 to uplift investment. It has administrative, fiscal and budgetary autonomy. “Prospera’s flexible regulatory framework enables crypto-innovation and the use of Bitcoin by residents, businesses, and

Bitcoin Becomes Legal Tender in Honduran Special Economic Zone Read More »

EU not expected to fully ban Russian coal imports until August, sources say

EU not expected to fully ban Russian coal imports until August, sources say

KEY POINTS The EU’s proposed ban on coal imports from Russia is not expected to take effect until August — a month later-than-expected. Germany is one of the most skeptical nations when it comes to blocking energy supplies from Russia, but it’s not the only one. Austria and Hungary, for instance, are also opposed. Approving

EU not expected to fully ban Russian coal imports until August, sources say Read More »

Spells of Genesis game celebrates 5 years by opening a virtual NFT history museum

Spells of Genesis game celebrates 5 years by opening a virtual NFT history museum

CryptoVoxels will be the home of the Spells of Genesis trading card exhibit as NFT galleries become increasingly commonplace in the metaverse. Thursday marks the fifth anniversary of Spells of Genesis (SoG), generally regarded as the very first play-to-earn blockchain game. EverdreamSoft, the game studio behind SoG, first distributed many of the game’s trading card-based

Spells of Genesis game celebrates 5 years by opening a virtual NFT history museum Read More »

Crypto.com to Pay Bitcoin Bonuses to UFC Fighters

Crypto.com to Pay Bitcoin Bonuses to UFC Fighters

Bitcoin bonuses will be awarded to the three standout athletes at each UFC pay-per-view event as voted for by fans across the world. Ultimate Fighting Champion (UFC) athletes will be paid bonuses in bitcoin as a result of the partnership between the mixed martial arts organization and Crypto.com. Bitcoin bonuses will be awarded to the top

Crypto.com to Pay Bitcoin Bonuses to UFC Fighters Read More »

National Bank of Georgia to Regulate Country’s Crypto Sector

National Bank of Georgia to Regulate Country’s Crypto Sector

The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related services. Central Bank of Georgia to Propose Cryptocurrency Regulations Georgia’s

National Bank of Georgia to Regulate Country’s Crypto Sector Read More »