Next week, the Bank of Lithuania will issue 24,000 blockchain-based digital tokens called “LBCOINSs”. They will be sold in packs of six for €99. Each of the coins will feature a portrait of one of […]
The Financial Conduct Authority (FCA) said that the rules will prohibit the sale or marketing of financial products linked to cryptoassets, such as Bitcoin and Ethereum, from 6 January 2021. The FCA warned that products […]
The Department granted PayPal a Bitlicense, which regulates any company or individual based in New York which uses virtual currencies. A limited number of companies have been granted Bitlicenses since they came into effect in […]
The social network originally announced the project last year, with tentative plans to launch in 2020 as a way to encourage people to make more financial transactions online. The payment method revolves around a digital […]
Key Takeaways Gold fell roughly $30 to $35 per ounce during May 17-24, pressured by a DXY near 99.32 and rising Treasury yields. FOMC minutes released May 21 reinforced higher-for-longer Fed expectations, extending gold’s 16% […]
A new form of governance is coming to finance, and it will ricochet into politics with profound implications. To paraphrase Bill Gates, there have always been brilliant politicians from the beginning of history and their […]
I’m back from a deathmatch with Covid, hence my silence last month. It was not only a grim and gritty voyage towards the crematorium, it was also an expensive one. You can’t trade in a […]
Dogecoin was originally created in 2013 and is sometimes thought of as a joke cryptocurrency due its logo depicting a Shiba Inu dog that was popularised in memes on Reddit. In the last year, the […]
Writing on Twitter, Musk said: “I think we’re maybe a month or two away from wide beta. But these things are hard to predict accurately.” With Tesla dissolving its PR department last year, many announcements […]
While the crypto market has been booming since the start of the year, Bitcoin plunged to its lowest value since January, dragging other coins like Ethereum with it. The falls followed a statement by Chinese […]
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