DeFi needs regulation to build trust, attract institutional investment, and ensure long-term viability despite its decentralized nature. Source: https://cointelegraph.com/news/don-t-be-delusional-decentralization-doesn-t-compensate-for-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
FSB calls for stricter oversight against AI vulnerabilities
FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance, and systemic vulnerabilities. Source: https://cointelegraph.com/news/financial-stability-board-ai-financial-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ghana Leverages Blockchain for Carbon Credit Trade
Ghana and Singapore partner to use blockchain technology to facilitate the trading of carbon credits. Cementing Ghana’s Position as Africa’s Carbon Market Leader Ghana’s Environmental Protection Agency (EPA) has entered into an agreement to add the country’s Ghana Carbon Registry (GCR) to a blockchain-based Internationally Transferred Mitigation Outcomes (ITMO) network. This follows an initial agreement […] Source: https://news.bitcoin.com/ghana-leverages-blockchain-for-carbon-credit-trade/
UK Crypto Rules Poised to Shift as Trump’s US Policy Gains Momentum
The UK government reportedly plans to unveil new cryptocurrency regulations this month, aiming to bolster the UK’s position as a global crypto hub amid increasing competition from the U.S., where recent policy shifts under Donald Trump favor the industry. The UK Treasury’s proposed legislation will cover stablecoins and seek a specific exemption for staking services, […] Source: https://news.bitcoin.com/uk-crypto-rules-poised-to-shift-as-trumps-us-policy-gains-momentum/
Milei Advocates for Crypto Independence: ‘Don’t Let States Take Over’
President Javier Milei advocated for maintaining a separation of crypto and state. The Argentine leader stated that private cryptocurrencies might collaborate to end the state monopoly on currency, and rejected CBDCs. Milei Supports Maintaining Crypto Outside the State’s Reach While some leaders envision the inclusion of bitcoin and central bank digital currencies as part of […] Source: https://news.bitcoin.com/milei-advocates-for-crypto-independence-dont-let-states-take-over/
Bitcoin will not fall to $60K with no ‘threats in the near-term’ — Michael Saylor
Michael Saylor is preparing a party for Bitcoin to hit $100,000 this year, claiming Bitcoin won’t fall to $60,000 as predicted by some analysts. Source: https://cointelegraph.com/news/bitcoin-price-wont-fall-60k-no-threats-microstrategy-michael-saylor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Dad Giancarlo Denies SEC Job Rumors: ‘I’ve Already Cleaned Up Gensler Mess’
J. Christopher Giancarlo, affectionately known as “Crypto Dad,” dismissed speculation that he is being considered to replace Gary Gensler as head of the Securities and Exchange Commission (SEC). On Thursday, the former Chair of the U.S. Commodity Futures Trading Commission (CFTC) took to X to deny reports he was seeking the agency’s top job. “I’ve made clear that I’ve already…
Bitcoin’s Phantom Whale From 2010 Resurfaces With a 2,000 BTC Transfer
On Nov. 14, 2024, a mysterious mega whale, tracked by our newsdesk since 2020, splashed back onto the scene by shifting an impressive 40 block rewards from 2010—a total of 2,000 BTC. This rare transaction, the first of its kind in well over a decade, has onchain watchers buzzing as this major holder once again […] Source: https://news.bitcoin.com/bitcoins-phantom-whale-from-2010-resurfaces-with-a-2000-btc-transfer/
Consensys pushes back against regulatory ‘gaslighting’ with new sovereignty platform
Crypto companies have been “living in fear in a gas-lit world for a long time,” said Ethereum co-founder Joe Lubin. Source: https://cointelegraph.com/news/consensys-pushes-back-against-regulatory-gaslighting-with-new-sovereignty-platform?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price can hit $100K by Thanksgiving if bulls hold key level
Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis. Source: https://cointelegraph.com/news/bitcoin-price-100k-by-thanksgiving-bulls-hold-key-level?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound