CFTC Official Says Anonymity in Crypto Is a National Security Risk
CFTC commissioner Christy Goldsmith Romero believes the prevalent anonymity in crypto is a national security risk as it allows criminals to use digital assets for illicit purposes。
Billionaire Chamath Palihapitiya Declares 'Crypto is Dead in America' Amid Regulatory Pressure
“Crypto is dead in America”.
CoinLoan Halts All Withdrawals, User Services
Estonia-based crypto platform CoinLoan has halted all user withdrawals and activity.
The 3 Best Crypto Platforms in 2023
Crypto exchanges are where traders or investors can buy, sell and convert different cryptocurrencies. They are necessary for digital assets to be traded at the scale they are today.
Cryptocurrency Market Cycles Explained: Bitcoin With Price Prediction
Here I am going to give a run down of bitcoin and altcoin market cycles, how to identify the cycles and how you can use this data to corroborate. The simple fact is, no one wants to deal with low liquidity and 1% price ranges, we all want the 10x in a single trade degen plays.
S Korean MPs to Create Law that Distinguishes CBDCs from Crypto
South Korea is reportedly moving closer to launching a central bank digital currency (CBDC), with a new draft law set to create legal terminology for CBDCs. The bill will include clauses that spell out the legal differences between cryptoassets and CBDCs, and will explicitly exclude the CBDC issued by the Bank of Korea and services related to the token from regulation laid out in the forthcoming Virtual Assets Act. Some regulators and MPs initially worried that the clause might cause confusion, but the mood has reportedly changed, and the regulatory Financial Services Commission is set to "make a concession" and endorse the clause. The Bank of Korea has not officially announced the launch of a digital won, but some expect it to speed up the introduction of its CBDC.
Visa Announces Ambitious Crypto Product Roadmap Tapping on Ethereum Network
Visa is reportedly hiring senior software engineers to help build scalable Web 3.0 products and drive mainstream adoption of public blockchain networks and stablecoin payments. The company is searching for engineers with a good understanding of public and permissioned distributed ledger technology (DLT) networks, security protocols, and private key custody, as well as Layer 1 and Layer 2 solutions and experience writing smart contracts using the Solidity programming language. Visa is likely to tap the Polygon network to scale its Ethereum smart contract capabilities in Web 3.0 development. The company has already made investments in the NFT and stablecoins market and is working with central banks to help scale the adoption of CBDCs. Visa's CBDC Payments Module is designed to provide an on-ramp for CBDC to existing payment networks.
Japan’s Web3 Pivot Needs Global Mindset, Flexibility To Succeed, Says Incubator Founder
While the Japanese government’s recent favorable turn toward blockchain and crypto is a cause for celebration for Yudai Suzuki, co-founder of Tokyo-based Web3 incubator Fracton Ventures, regulatory agility and an embrace of the industry’s inherent internationalism are necessary for government support to translate into domestic success, he said.
Crypto Evening Briefing: Russia to Work With Digital Currencies of Other Nations
The digital ruble platform being developed by the Bank of Russia will have the capability to interact with other state-issued digital currencies, according to the central bank.
Privacy Coins 101: Anonymity-Enhanced Cryptocurrencies
Privacy coins are cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability. They operate similarly to physical cash, but within a digital ecosystem.
