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New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth. In a closing keynote interview at the Crypto and Digital Assets Summit in London on April 27, Adams suggested his state legislature counterparts in Albany “listen to those who are in the industry” adding: “It’s about thinking not only outside the box, but on this one, we may have to destroy the box.” Adams is a crypto advocate who ran for mayor planning to turn New York City…
The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just released discussion paper about its retail central bank digital currency, e-HKD. The HKMA today issued a discussion paper, outlining the policy and design issues involved in the introduction of e-HKD, and encourages the public and industry to participate in the consultation and share their views. Find out more: https://t.co/GndjuZ2Pay pic.twitter.com/hRz2noD0Ps — HKMA 香港金融管理局 (@hkmagovhk) April 27, 2022 Many in the crypto industry believe that interest in developing central bank-issued digital currencies…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cryptocurrency expert, Mr. Gbenga Onifade analyses the performance of the eNaira since it was launched by the federal government, recording over 500,000 downloads in just three weeks. #eNaira #NigeriaDigitalCurrency #Bitcoin #Etherum #Cryptocurrency #BusinessNigeria #TVCNews #NewsUpdate Don’t forget to subscribe: Watch more interesting videos: Follow TVC News On: Twitter: Instagram: Facebook: Get more news on our website: Download the mobile app Android: iPhone: Go to apple store ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
The Nepal Telecommunications Authority has issued a warning that crypto activities are illegal. The regulator emphasized that websites, apps, and online networks related to crypto activities are prohibited to be used, operated, or managed within the country. Nepalese Regulator’s Crypto Warning Nepal’s regulator of the technology sector, the Nepal Telecommunications Authority (NTA), issued a notice Monday warning the public about engaging in illegal activities, specifically naming cryptocurrency, bitcoin, and online gambling. Noting that transactions using digital technologies, such as cryptocurrency, have been on the rise in Nepal, the NTA stressed…
Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its luxury abodes. DAMAC Properties was founded by colorful billionaire Hussain Sajwani in 2002, and the firm has conducted business throughout the middle east, Canada and the U.K. It also owns high-end fashion and jewelry brands Roberto Cavalli and De-Grisgono. Sajwani is known for extravagant marketing tactics such as giving away free Lamborghinis to property buyers. He also teamed up with Donald Trump in 2013 to launch multiple Trump-branded golf courses in…
Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC). A video from Zcash Media featured an interview with Snowden where he outlined his involvement as one of the six individuals who had a piece of the Zcash multisig private key to launch the project on Oct. 23, 2016. In the video, Snowden stated: “My name is Edward Snowden. I participated in the Zcash original ceremony under the pseudonym John Dobbertin.” Edward Snowden is the whistleblower…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This is an episode of Compass Live hosted by Compass Mining. In this livestream, Compass talks about the state of advocacy and lobbying for the cryptocurrency mining industry. Bitcoin and cryptocurrency lobbying typically hasn’t received much attention over the past decade. But a recent fight to protect miners from dangerous language in a federal infrastructure bill brought this part of the industry to the fore. Two leading advocates share their perspectives on lobbying for bitcoin mining. 👤 Follow them on Twitter. ✔️…
Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses. The Reality Labs division — formerly known as Facebook’s Oculus division — has been spending increasing sums of capital on developing virtual reality and metaverse-related products, posting a $2.9 billion loss for Q1 2022. That’s 61% more than its $1.8 billion loss in Q1 2021. Overall Reality Labs revenue came in above expectations, seeing $695 million in revenue during the first quarter of this year from…
The king of cryptocurrency is suffering another meltdown at a 3.3% drop in just 24 hours. Bitcoin is currently trading at around $38,210 which is the lowest so far since March of this year when US President Joe Biden signed an executive order on crypto regulations. Although the BTC price went up at $40,800 on Tuesday, it slid momentarily afterward. Suggested Reading | Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike Amazon Denies Speculation About Accepting BTC Payments Amazon’s retraction against the mass speculation that the…