The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies …
Tag archives: Bitcoin
Binance CZ’s $65B networth makes him almost 3x richer than FTX SBF
With a market cap of over $2 trillion, crypto has given birth to several billionaires since the first Bitcoin was mined. Although anonymity makes it difficult to determine who has what, a new report from Forbes has revealed some of the richest people in crypto and what they are worth. Topping the list is Binance …
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Why does the UK suddenly want to become a “crypto hub”? Hint: it has to do with the EU
This week, UK Chancellor Rishi Sunak tweeted about payment regulation reform recognizing crypto stablecoins as a valid payment in the UK. In the same post, Sunak also linked a gov.uk page detailing other steps the government is taking to turn the UK into a “cryptoasset technology hub.” This includes: Legislating for a financial sandbox called …
A New World Monetary Order is Emerging, and Bitcoin is Poised to Be a Part of It
It seems that the more intense the chaos, the deeper the changes emerge from it. In the present post-Covid-19 chaos of supply disruptions, 40-year high inflation rates, and a war in Europe—we seem to be on the brink of a major monetary pivot. To understand its implications and how digital assets fit into it, we …
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This is why 2021 was crypto’s breakout year
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you …
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Can the IRS Track Bitcoin? Koinly Explains
sponsored The IRS might not be the best at keeping ahead of the crypto curve, but if you think you can hide your Bitcoin gains – think again. Crypto tax calculator Koinly is here to explain just how the IRS can track your crypto. Got gains or income from crypto? The IRS would like their …
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NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy task force has reportedly told the country’s leaders to …
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Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited in Abkhazia The government of Abkhazia, a breakaway republic in Georgia, has prolonged current restrictions …
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Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar creation platform featuring the Adidas Originals’ Ozworld shoe collection. Adidas Collaborates With …
Miami mayor reveals the formula for his city’s success as tech hub
Francis Suarez, Miami’s mayor, believes the city’s success as an upcoming tech hub is partially due to adopting crypto. He said this during an interview with Maria Bartiromo of Mornings with Maria on Monday. According to Suarez, crypto is part of Miami’s transitional brand from a city that was great to visit or retire to …
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Corporate America flocks to the metaverse with a combined $1 trillion valuation
Filings in 2022 indicate that one thing about the metaverse is that it will be well fed and well dressed. Companies with a combined market cap of around $1.1 trillion have filed for trademarks related to metaverse and NFTs this year alone. If you include Meta in this discussion, the figure rises to almost $2 …
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Binance CEO says Russia cannot use crypto to evade sanctions
Binance CEO Changpeng Zhao, commonly referred to as CZ, believes Russia cannot use cryptocurrencies to circumvent western sanctions. He said this during a recent interview with Richard Quest, the host of CNN’s Quest Means Business. According to him, crypto is too traceable, a trait that makes it unsuitable for dodging sanctions. Zhao pointed out that …
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U.S. prosecutors secures $34 million crypto assets forfeiture
The US Department of Justice had announced that it had secured the biggest cryptocurrency forfeiture after a South Florida resident forfeited $34 million worth of cryptocurrency tied to illegal dark web activities. Federal prosecutors in the Southern District of Florida filed the civil forfeiture complaint and were successful. US gets biggest crypto forfeiture This came …
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Report: Wash trading accounts for 95% of LooksRare trading volume
When LooksRare started operating in January, it came with the promise of challenging OpenSea’s dominance in the NFT space. But three months down the line, it seemed to have developed a reputation for wash trading. According to CryptoSlam and cited by Bloomberg, about $18 billion or 95% of trading volume on the platform is wash …
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EverLend, First Lending Protocol on Everscale Network, Kicks off Operations With Successful LEND Token Launch
sponsored EverLend.app is a secured lending protocol powered by Everscale. The platform was successfully launched on the 18th of March, 2022 together with its own utility token. The platform facilitates DeFi lending by hosting funding pools with interest rates based on Everscale’s asset supply and demand algorithm. EverLend.app is a protocol where users can play …