Category: Latest news

[ad_1] The Autorité des Marchés Financiers (AMF) has said that the approach of “same activities, same risks, same regulation” should apply “unambiguously” when regulating DeFi. The French markets regulator laid out its opinion on regulating decentralized finance (DeFi) in a discussion paper published on June 19. However, the watchdog highlighted that DeFi poses more risks…

[ad_1] Quick Take Since the Global Financial Crisis (GFC) in 2008, a zero-interest rate policy along with quantitative easing has been the norm for the past 15 years. This policy has contributed to asset inflation, which is anticipated to reverse. The extent of this reversal, however, remains uncertain. Both the equities and real estate sectors…

[ad_1] The co-founder and CEO of Terraform Labs, Do Kwon, has been sentenced to four months imprisonment by a Montenegrin court, according to a June 19 statement. The court found Kwon and his associate, Han Chang-Joon, guilty of using forged travel documents while attempting to board a private jet to Dubai in March. Kwon and…

[ad_1] Binance CEO Changpeng ‘CZ’ Zhao said Netherlands’ posture towards crypto remains “pretty progressive” despite his exchange’s failed registration as a virtual asset service provider (VASP), according to a June 19 tweet. CZ’s statement was in response to a user who criticized Netherlands’ Central Bank, De Nederlandsche Bank (DNB), for refusing to grant foreign entities…

[ad_1] Quick Take ‘Illiquid supply’ refers to the amount of Bitcoin held by entities and is not readily available for trading or selling. Glassnode analysis identified the highly liquid supply in a noticeable downward trend. “Currently residing near a cycle low of 2.94M BTC, a -620K BTC decrease since Jan 2022”. Glassnode further said, “This…

[ad_1] Crypto.com has an internal trading team and operates as a market maker on its platform, highlighting a potential conflict of interest, reported the Financial Times. Market makers provide liquidity, ensuring users can buy and sell quickly at prevailing market prices. The function reduces the risk of price fluctuation and enables efficient trading. Earlier this…

[ad_1] Fidelity is rumored to be planning a “seismic move” in the crypto markets, according to Andrew Parish, co-founder of Arch Public. The asset management firm describes itself as “crypto-curious,” having mined Bitcoin since 2014. By 2018 it launched a separate cryptocurrency-dedicated business – Fidelity Digital Assets (FDA,) which has since received a New York…

[ad_1] The US crypto space is in disarray. In March, its foreshadowing was already in full view when the prestigious law firm, Cooper & Kirk, released the paper Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto. Did the US market become so hostile to necessitate a crypto exodus? If so, which other…

[ad_1] The future of the metaverse is highly debated at the moment with Instagram pulling NFT support, lackluster growth of many metaverse projects, the potential security classification for metaverse tokens such as SAND and MANA, and notably the launch of Apple’s VisionPro with no mention of a metaverse in its WWDC conference. However, simply because…

[ad_1] BlockDown Festival: Portugal, hosted by web3 Creative Marketing and Communications Agency EAK Digital, will kick off its second annual in-person Web3 and blockchain festival in Algarve, Portugal, on July 10-12, 2023. The festival will bring together key leaders in web3 and the creator economy, focusing on creative industries such as music, fashion, entertainment, sports,…