cryptocurrencies

Charlie Munger: US ‘should ban crypto,’ it’s a ‘gambling treaty’

(Kitco News) As the crypto market gets a boost from the latest surge in risky assets, Berkshire Hathaway Vice Chairman Charlie Munger says the US should follow China’s actions and ban the crypto market. “It’s not currency. It’s a gambling contract with an almost 100% house advantage,” Munger wrote in an …

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UK publishes crypto framework covering ICOs, stablecoins, exchanges and regulators

Editor’s note: With so much market volatility, stay tuned for daily news! Catch up in minutes with our quick summary of today’s news and must-read expert opinions. Sign up here! (Kitco news) – The United Kingdom on Wednesday released its long-awaited regulatory framework for crypto regulation, outlining the government’s choice of regulators …

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Crypto exchange Copper appoints Philip Hammond as chairman

Former British chancellor Philp Hammond has been appointed chairman of Mayfair-based crypto exchange Copper. Hammond, who has held a senior advisor role at the company since October, will take up the role on January 26. Copper said he provided “strategic advice as the company significantly grew and expanded its business and services globally.” Since taking …

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Top Cryptocurrencies to Watch in 2023 – Forbes Australia Advisor

A prolonged downturn in the cryptocurrency market can be challenging for investors. Still, others see it as a prime opportunity to buy high-quality digital currencies at discounted prices. Of course, there are no guarantees, but those who can keep calm and invest during market turmoil can potentially reap the biggest returns when the trend eventually …

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Crypto lender Genesis has claimed $5.1 billion in liabilities since November

Crypto lender Genesis reported a total of $5.1 billion in liabilities shortly after it stopped its customers from withdrawing funds from the platform in November, according to the company’s bankruptcy filings. Genesis Global Holdco LLC and two of its credit subsidiaries, which filed for bankruptcy protection Thursday in New York, are the latest crypto firms …

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AFL partner Crypto.com accused of ‘deceptive’ advertising practices in UK | Cryptocurrencies

The AFL’s crypto exchange partner, Crypto.com, has breached UK advertising standards on multiple occasions and has been accused of “misleading” and “irresponsible” behaviour. Decisions by the UK Advertising Standards Authority may require further scrutiny of Crypto.com promotions in Australia. A five-year partnership between the AFL and the Singapore-based stock exchange was announced in January 2022. …

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Once valued at $1.5 billion, crypto payment provider Wyre will shut down by the end of January

Editor’s note: With so much market volatility, stay tuned for daily news! Catch up in minutes with our quick summary of today’s news and must-read expert opinions. Sign up here! (Kitco news) – The ongoing crypto winter has devastated crypto payment service provider Wyra, which will reportedly shut down its services by …

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Crypto NFT Today: Latest News on Blockchain, Cryptocurrencies and NFTs: January 4-10, 2022

Welcome to another edition of Crypto NFT today! If you enjoy cryptocurrency, NFTs and riding emotional roller coasters, this is the place to be. Are you ready to crunch? Let’s start. Israel proposes crypto regulation The Israel Securities Authority (ISA) has proposed a framework for regulating digital assets as one of the first items in …

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Cardano’s development activity could help the Ethereum killer weather the crypto winter

Cardano ranks first among leading blockchain protocols in 2022 in terms of development activity. The Ethereum killer surpassed Polkadot, Cosmos, Elrond, Optimism and others at the top of the developer activity rankings. The total value locked on the Cardano network has steadily declined during the crypto winter. Cardano, a smart contract network considered as an …

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We cannot afford to wait for the government to lead crypto regulation

The fall of FTX was just the latest calamity to hit the crypto world — and it caused a cascade closures, bankruptcyand losses for individual and institutional merchants, government, and companies that used crypto for financing and trading. Crypto he fell before and he returned – but this time, losses it can be too big …

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