Day: February 25, 2022

LABEL Foundation Debuts on Top Digital Asset Exchange in South Korea – Press release Bitcoin News

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press release PRESS RELEASE. LABEL Foundation recently gained authorization from one of South Korea’s main exchanges and a listing position with KRW (South Korean currency), the advancement has immediately followed after Clesson (the parent company) garnered equity capital from two significant investment firms with a strong presence in the local market. The aforementioned exchange was revealed as Coinone. Moreover, LABEL Foundation has repeatedly demonstrated high-level traction and continued progress with the release of its OPENTRACK content platform’s second iteration and the formation of partnerships with industry heavyweights. LABEL’s schedule to…

ECB president calls for crypto regulation in response to Russia potentially evading sanctions

Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions. Speaking to reporters at an informal meeting of economics and finance ministers on Friday, Lagarde said the European Central Bank would be “decisively and rigorously” implementing the sanctions on Russia imposed by European lawmakers in response to the country’s invasion of Ukraine. In response to a question on Russia potentially using crypto to evade some of these measures, the ECB…

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JoinMarket Is About to Make Bitcoin Privacy More User-Friendly

“When the internet came around, privacy was an afterthought. Slowly and painfully, we, as a society, figured out that having all communications in plain text is a terrible idea. Freedom and human rights quickly fall to the wayside if everyone is surveilled at all times. The switch from HTTP to HTTPS took a long time. I hope that, in Bitcoin, a similar switch won’t take as long,” Gigi said. Source

Decentraland to Host Metaverse Fashion Week With Tommy Hilfiger, Dolce & Gabbana, Selfridges – Metaverse Bitcoin News

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The blockchain-based virtual world Decentraland has announced the launch of a Metaverse Fashion Week that is scheduled to take place on March 24 – 27, 2022. According to the announcement, a large number of well-known fashion brands such as Dolce & Gabbana, Selfridges, Tommy Hilfiger, Jacob & Co, and more will be participating in the four-day metaverse fashion event. Decentraland to Host 4-Day Fashion Event Featuring Renowned Designers and Luxury Fashion Houses At the end of March, the blockchain-based metaverse Decentraland will be hosting a fashion week with an “all-star…

Stablecoins are serious business, Feb. 17–24

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Stablecoins used to be a sort of taboo subject in the crypto community after it became common practice to criticize Tether’s reserve backing. Are you really a seasoned crypto investor if you haven’t gone down the Tether (USDT) rabbit hole? Some of those concerns were finally quelled in May 2021 when Tether passed an assurance test by disclosing its reserves for the first time. For some onlookers, the reserve breakdown created more questions than answers due to the stablecoin issuer’s oversized exposure to commercial paper. The stablecoin market has grown…

European Parliament postpones crypto bill vote over proof-of-work

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The parliament of the European Union is delaying a vote on a framework aimed at regulating cryptocurrencies amid concerns over proof-of-work mining. In a Friday Twitter thread, European Parliament economics committee member Stefan Berger said the government body had canceled a vote on the Markets in Crypto Assets, or MiCA, framework scheduled to take place on Monday. Berger said parliament needed to clarify “the question of proof-of-work” in discussions with stakeholders to ensure a proper legal framework, adding that some might misinterpret the proposal as a ban on crypto. “The…