Day: November 16, 2021

Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now – Regulation Bitcoin News

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s…

Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate

The controversial U.S. infrastructure bill was signed into law by President Joe Biden this morning, with the legislation passing without amendments made to the broad provisions that could impose stringent reporting requirements on crypto network validators and software developers. However, DeFi strategist-turned Democratic congressional candidate, Matt West, believes there is still time to push back. Speaking to Cointelegraph, West said: “My understanding of this bill is that it has been signed, but it hasn’t taken effect yet.” The crypto community has taken particular issue with section 6050II of the bipartisan…

South Korean lawmakers push back against controversial “know-the-sender” rule

South Korea’s crypto community coul soon face stringent reporting requirements on all cryptocurrency transactions, with the country’s National Assembly currently debating whether “know-the sender” (KTS) rules should be imposed. Arguments against the proposed KTS rule were heard before the Political Affairs Committee of South Korea’s legislature on Nov. 16, with lawmakers and industry experts pushing back against the proposed legislation. If written into law, the KTS rule would stipulate that businesses which receive any crypto assets must verify and report the name of the issuer and their location. In the…

Synthetic asset protocol for Polygon raises $1.5M from major investors

Polysynth, a Polygon-based synthetic asset platform, has secured investments from a number of DeFi venture capital firms and angel investors. The team announced a $1.5 million funding round as part of its seed round on Nov. 15, revealing participation from Jump Capital, DeFi Alliance, Hashed, and a number of individuals such as Alan Howard, co-founder of Brevan Howard Asset Management, and Polygon’s co-founders Sandeep Nailwal and Jaynti Kanani. Polysynth stated that it would be using the funding to expand its team of engineers, designers, and marketers, in addition to carrying…

LBank Exchange Listed LMCSWAP on November 15, 2021 – Press release Bitcoin News

press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will…

LBank Exchange Will List LMCSWAP on November 15, 2021 – Press release Bitcoin News

press release PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 15, 2021 – LBank Exchange, a global digital asset trading platform, will list LMCSWAP (Limocoin Swap) on November 15, 2021. For all users of LBank Exchange, the LMCSWAP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on November 15, 2021. In the ever-evolving African continent, blockchain technology and crypto are changing its economic landscape dramatically. Limocoin Swap (LMCSWAP) is a token created to allow, by the principle of crypto assets, the evolution of market solutions. The LMCSWAP token will…

Twitter CFO Says Buying Crypto Assets ‘Doesn’t Make Sense Right Now’: Report

Investing in cryptocurrencies “doesn’t make sense right now,” Twitter CFO Ned Segal said, according to the Wall Street Journal. Twitter would have to change its investment policy to hold more volatile assets on its balance sheet, Segal said. The company prefers to hold less volatile assets, such as securities, he added. Fintech firm Square, which is also headed and co-founded by Twitter’s Jack Dorsey, Musk’s Tesla, and software firm Microstrategy hold crypto on their balance sheet. Dorsey is a supporter of decentralized technology, including bitcoin and cryptocurrencies. Twitter wants to…

AGORA O ETHEREUM VAI ESTOURAR DE VERDADE!! – AUGUSTO BACKES

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✱CURSO AUGUSTO BACKES: ⭐CUPOM DE 50%: CAFE50 🥇 𝐂𝐎𝐌𝐔𝐍𝐈𝐃𝐀𝐃𝐄: 🔵SE INSCREVA NO CANAL DO AUGUSTO BACKES: 🔵LINK LIVE COMPLETA: 🔵GANHE R$10: O canal tem como objetivo ajudar a crescer e espalhar mais informações para pessoas sobre o mundo de criptomoedas. Esse vídeo não é uma recomendação de investimento. AGORA O ETHEREUM VAI ESTOURAR DE VERDADE!! #bitcoin #btc #bitcoinfundamentos #bitcoinciclo #bitcoin #btc #bitcoinfundamentos #bitcoinciclo #altcoin #ethereum #eth #altcoin #criptomoeda #crypto #bolsadevalores #mercadodeacao #bearmarket #bullmarket #davincij15 #mmcrypto #btc #bitcoinpreco #bitcoinhoje #economia #inflacao #hash #hashrate…

AMC Theatres to Accept Shiba Inu Within Two-Four Months

AMC Theaters will accept Shiba Inu through BitPay wallets in 60-120 days, AMC CEO Adam Aron said on Tuesday. BitPay will start accepting Shiba Inu on Aron’s suggestion, and AMC will be the first to use the service, Aron said in a tweet on Tuesday. BitPay provides payment processing services for cryptocurrencies. Last week, Aron said AMC will start accepting bitcoin, ether and other cryptocurrencies for online payments. The theater chain will also accept dogecoin for the purchase of gift cards worth up to $200 per day, the CEO tweeted…

Ethereum Nosedives, Why Bulls Could Struggle In Near Term

Ethereum started a fresh decline from well above $4,650 against the US Dollar. ETH could extend downsides if there is a clear break below $4,200. Ethereum started a fresh decline from the $4,700 and $4,750 resistance levels. The price is now trading below $4,500 and the 100 hourly simple moving average. There was a break below an ascending channel with support near $4,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if the bears gain strength below $4,200 in the near term. Ethereum…