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Tag: Crypto regulation

genesis block - crypto company

Genesis Block to Halt Operations Amid Potential FTX Repercussions

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The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one of the enterprises in the cryptocurrency industry suffering from the FTX crash. According to a Reuters report, which was picked up by other media outlets, the business notified its customers via email that it would stop its OTC trading facility on December 10. OTC trading, also known...

Crypto adoption, Crypto regulation, Cryptocurrencies, Exchanges, Front page, Main, News

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Kevin O'Leary

Kevin O’Leary: Idiot managers always get wiped out and that’s okay

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Bitcoin is held mainly by individuals, some family offices, and some hedge funds, but in the context of what can be a nothingburger. Is Bitcoin a hedge against inflation? So far it has not worked despite the absence of regulation, as it is not being indexed. It may be a chicken and egg conundrum, and may be more valuable than gold. However, institutions are allowed to own gold, and they own up to five percent of allocations or ETFs that...

Bitcoin, Crypto adoption, Crypto regulation, Cryptocurrencies, Ethereum, People in crypto

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FTX fallout - I fucked up - Sam Bankman-Fried

“I F*cked Up,” Declares FTX’s Founder

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According to Sequoia Capital, Bankman-Fried, 30, CEO of FTX crypto exchange, was ready to become the world’s first “trillionaire.” This week, FTX openly crumbled. Three days before, the letter said that “a rival is attempting to use fake information against us,” presumably targeting Binance. Before removing it, he tweeted, “FTX is ok and assets are fine.” Later, the biggest cryptocurrency...

Crypto regulation, Exchanges, Front page, News

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Gofaizen & Sherle - Lituania

Here’s Why Everyone In Crypto Market Should Be Paying Attention To Lithuania

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Digital assets have increased in both popularity and usage over the last couple of years. Whether it be cryptocurrencies, non-fungible tokens (NFTs), commodities, forex, indices or anything similar, the simple fact is that more people are becoming involved with these assets than ever before. Moreover, with the introduction of new technologies and concepts like blockchain, the metaverse, and Play-to-Earn (P2E), it does not look like this...

Blockchain, Crypto regulation, Cryptocurrencies, NFTs, Play to Earn

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G20 - cryptocurrecy regulation

G20 will examine cryptocurrency regulations this week

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On Monday, the OECD proposed a framework to the G20 designed to improve cryptocurrency transparency on a global scale. When both the new framework and the revised standards are put into place, it may be the end of the “wild west” of cryptocurrencies and the global patchwork of regulations as we know it. The Group of Twenty (G20) is an international forum for economic and financial cooperation among 20 member nations. The G20...

Crypto regulation, Cryptocurrencies, Front page, News

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