The Financial Conduct Authority wants input from crypto companies on moving forward with regulations. Source: https://cointelegraph.com/public/index.php/news/uk-financial-watchdog-to-crypto-industry-let-s-work-together
Month: April 2023
UK financial watchdog to crypto industry: ‘Let’s work together’
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry. On April 25, FCA Executive Director Sarah Pritchard spoke at London’s City Week conference highlighting the need for cooperation on crypto regulations. “We want industry’s input to make sure we get the future regulatory regime…
Apple's outside payments ban upheld as unlawful in likely win for NFTs and crypto
Unless Apple appeals the decision and has the ruling overturned, developers are free to direct app users to their own systems to make purchases. Source: https://cointelegraph.com/public/index.php/news/apple-s-outside-payments-ban-upheld-as-unlawful-in-likely-win-for-nfts-and-crypto
Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt – Economics Bitcoin News
Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations could lead to a global financial meltdown. “If Congress keeps flirting with default, calls for dethroning the dollar as the world’s reserve currency will grow much louder,” she stressed. Hillary Clinton on U.S. Debt Default and Dollar Losing World’s Reserve Currency Status Hillary…
Apple’s outside payments ban upheld as unlawful in likely win for NFTs and crypto
A California court ruled Apple violated state competition laws by barring app developers from using alternative in-app payment methods apart from its own that included a 30% commission. The decision may clear the path for cryptocurrency and nonfungible token (NFT) projects to add more functionality to their iOS apps. The April 24 ruling was made by the United States Court…
Bitcoin Whitepaper Removed from Apple Computers Following Belated Discovery
A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple, AppleInsider reported Tuesday. The late discovery of the PDF document went viral three weeks ago, and it represented only the latest in a long line of easter eggs that…
MNTGE Debuts Token-Enabled Vintage Jeans With ‘Fruits & Veggies’ Drop
Digital fashion startup MNTGE launched its initial access pass last December, and then rolled out its first digital apparel drop from designer Sean Wotherspoon in February. But now it’s going physical with this week’s drop of upcycled vintage jeans that are tied to NFTs. The Fruits & Veggies jeans drop, which begins Wednesday, will see MNTGE (pronounced “Mintage”) release just…
Third time’s the charm? ARK and 21Shares again file with SEC for Bitcoin ETF
Cathie Wood’s ARK Invest and European crypto investment firm 21Shares are seemingly unperturbed by the cryptocurrency regulatory environment in the United States, again requesting approval for a Bitcoin (BTC)-based financial product. On April 25, the two companies requested that the U.S. Securities and Exchange Commission (SEC) approve the creation of a spot Bitcoin exchange-traded fund (ETF) despite being rejected twice…
Arthur Hayes: If You’re Still in Traditional Banking System, Be Prepared to ‘Take an L’
The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the “broken banking system.” Hayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system. “I don’t care if you’re capitalist or a communist.…
Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse – Economics Bitcoin News
Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we do raise the debt ceiling.” Peter Schiff on U.S. Debt Default Economist and gold bug Peter Schiff warned Monday…