The Unhosted Crypto Wallet Rule Is Back

A controversial proposed rule that would enforce know-your-customer rules on unhosted or self-hosted crypto wallets may again be under consideration by the U.S. federal government. The rule was first proposed at the end of 2020 by the Financial Crimes Enforcement Network (FinCEN), the U.S. money laundering watchdog. If enacted, crypto exchanges would be required to collect names and home addresses, among other personal details, from anyone hoping to transfer cryptocurrencies to their own private wallets. Industry advocates said they were concerned that the rules might be impossible for certain wallets…

Robinhood to Launch Crypto Trading Internationally โ€” Sees ‘Immense Potential’ in Crypto Economy โ€“ Exchanges Bitcoin News

Robinhood has โ€œset aggressive goals to start opening its crypto platform up to customers internationally in 2022,โ€ the popular trading platform revealed during its Q4 earnings call. โ€œThe company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.โ€ Robinhoodโ€™s Crypto Earnings, Expansion Plans Robinhood Markets Inc. (NASDAQ: HOOD) released its fourth quarter and full year 2021 results Thursday. The companyโ€™s total net revenues for the quarter increased 14% from the same period in 2020 to $363 million. For the…

The Cantillon effect vs. the Nakamoto effect

Bitcoin introduces the world to the Cantillon effect 2.0, often known as the Nakamoto effect. Those who live closer to the truth can receive value creation benefits in a Bitcoin world, rather than being rewarded for privilege, status or geography. The issue of why we need Bitcoin (BTC) is a prevalent one these days, but most people’s responses leave them shaking their heads and declaring it to be either a Ponzi scheme or money for criminals. This conclusion falls short of describing how Bitcoin has the potential to address the…

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Kevin Oโ€™Leary Reveals His Top Cryptocurrency Investments for 2022 (BEST ALTCOINS)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Let’s discuss the LATEST crypto news for bitcoin, ethereum, metaverse altcoins, & more! SLAP THE LIKE BUTTON! ๐Ÿ‘‹ Earn Bitcoin Back w/ BlockFi Rewards Credit Card: ๐Ÿ’ฐ Top Crypto Analyst Makes SHOCKING Bitcoin Prediction for 2022 | Lengthening Cycles Theory ๐ŸŽธ Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022 (Top 2022 Altcoins) ๐Ÿ“ˆ Raoul Pal Reveals His Top Altcoins to Watch RIGHT NOW Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment 2021? What will ethereum be…

Eth2 rebrands to Consensus Layer, Elon Musk fails to boost DOGE, YouTube gaming head switches to Polygon Studios: Hodlerโ€™s Digest, Jan 23-28

Coming every Saturday, Hodlerโ€™s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more โ€” a week on Cointelegraph in one link. Top Stories This Week Analysts say Bitcoinโ€™s bounce at $36K means โ€˜itโ€™s time to start thinking about a bottomโ€™ Bitcoin had a turbulent week, its price dropping as low as $33,300 and surging as high as $38,000 before retracting back to the $36,000 region at the time of writing.ย …

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils โ€“ Regulation Bitcoin News

A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russiaโ€™s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in Russia. Moscow Moves to Adopt Rules for Cryptocurrencies After Putinโ€™s Call Soon after Russian President Vladimir Putin urged government officials to reach a consensus on how to regulate cryptocurrencies, Deputy Prime Minister Dmitry Chernyshenko has…

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Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout โ€“ Market Updates Bitcoin News

Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped 47.83%. Weekly NFT Sales Slide Lower, Axie Infinityโ€™s Ronin Sales Shed More Than 47% Statistics over the last seven days show that NFT sales are down across the 12 blockchains that produce NFTs. Cryptoslam.io shows…