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Crypto News
Bank of America Chief Operating Officer Tom Montag Views Crypto as an Asset Class
The chief operating officer of Bank of America does not see cryptocurrencies as a threat. Rather than that, he considers it as an asset class, adding that "people like it for a variety of…
Bakkt Is Expanding Its Crypto Offering With the Addition of Ethereum
Bakkt stated on Friday that users and partners would soon be able to purchase, trade, and keep ether (ETH). Additionally, users will be able to transfer Ethereum to relatives and friends…
Swedish authorities propose a moratorium on crypto mining in order to comply with climate…
Two of Sweden's director generals have shared their views on cryptocurrency mining in the country and the actions that should be done going forward on the contentious issue.
As Eric Wall…
The Metaverse Boasts Significantly Greater Interoperability
Mark Zuckerberg, CEO of Meta, has his sights set on the big picture: a more decentralized and interoperable metaverse that would enable individuals in the virtual world to freely develop,…
Chinese authorities seize $62 million in an alleged Ponzi scheme involving Filecoin miners
Chinese authorities have seized crypto assets worth 400 million yuan, or $62.5 million, as part of an investigation into an alleged Filecoin miner Ponzi scam.
Chinese authorities in the…
The House approves a $1 trillion infrastructure measure containing a crypto tax
The Biden administration first presented the infrastructure package with the primary goal of enhancing the nation's transportation network and internet access.
The US House of…
Former Comptroller Brian Brooks accepts a new position as CEO of Bitfury
Brian Brooks, the former CEO of Bitfury in the United States, has been named the company's new CEO and will manage the company's aggressive development ambitions.
Previously employed by…
The FSC of Korea affirms that NFTs would remain unregulated
Recent FATF advice updates made it simple for regulators to avoid enacting new laws governing NFTs. The South Korean Financial Services Commission (FSC) stated today in a public statement…
The SEC will not lead regulation of stablecoins, and Congress is asked to act
Although the SEC was denied monopoly authority for stablecoins, the potential of being deemed "systemically essential" remains.
The US President's Working Group on Financial Markets…
Thailand’s Oldest Bank Acquires 51% Stake in Bitkub
Siam Commercial Bank, Thailand's oldest and first commercial bank, has acquired a controlling share in Thai cryptocurrency exchange Bitkub. It is one of the country's few regulated…
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