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Category: crypto regulations

Rules are Needed to Regulate Crypto Sector, Says BOE Deputy Governor

Bank of England Deputy Governor for Financial Stability Jon Cunliffe, has voiced concerns regarding the risks posed by decentralized finance, and as big investors, hedge funds, and banks become more involved.

The post Rules are Needed to Regulate Crypto Sector, Says BOE Deputy Governor appeared first on BeInCrypto.

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JP Morgan CEO Says Bitcoin ($BTC) is “Worthless,” Here’s Why he is Wrong Again

JP Morgan’s CEO Jamie Dimon is not a big Bitcoin fan and he has made it known over the years and his skepticism continues despite $BTC reaching new highs. Dimon is among the very few skeptics who have maintained his disliking towards $BTC throughout, first, he called it a bubble and predicted it would burst. 

The post JP Morgan CEO Says Bitcoin ($BTC) is “Worthless,” Here’s Why he is Wrong Again appeared first on Coingape.

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Pro Football Association Curbs Crypto Investments by Players, Likened to Gambling

A new report details a significant cause for concern regarding the prolificity of professional soccer players getting into financial troubles as a result of investing in crypto.

The post Pro Football Association Curbs Crypto Investments by Players, Likened to Gambling appeared first on BeInCrypto.

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White House Administration Considers Crypto Executive Order

A draft for an executive order concerning cryptocurrencies is reportedly being circulated among senior officials and regulators, proposed by the White House administration under President Joe Biden. According to Bloomberg this draft is currently under consideration and has not yet been passed nor officially confirmed.

The post White House Administration Considers Crypto Executive Order appeared first on BeInCrypto.

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Facebook’s Outage Confirms Pitfalls of Centralization, But Not for Bitcoin

Facebook’s recent outage, whereby the technology giant and its sister social networks, WhatsApp and Instagram, went offline for six hours, confirms the downside of centralization. Bitcoin’s peer-to-peer network favorably compares as it makes the oldest and most decentralized cryptocurrency immune to outages.

The post Facebook’s Outage Confirms Pitfalls of Centralization, But Not for Bitcoin appeared first on BeInCrypto.

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Luxembourg Unsure How to Best Manage Seized Crypto

Lawmakers in Luxembourg have been discussing issues pertaining to the volatile ups and downs in seized digital assets. In contrast to seized fiat assets, cryptocurrencies can see massive changes in value which makes managing these funds tricky.

The post Luxembourg Unsure How to Best Manage Seized Crypto appeared first on BeInCrypto.

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Breaking: European Central Bank’s Villeroy Calls For Faster Crypto Regulations

European Central Bank (ECB) governing council member Villeroy de Galhau has called for faster adoption of crypto regulations. The statement came amid the growing crypto market which looks set to get back to its Pre-May market crash levels very soon. Villeroy who has been a big advocate for banks and CBDC in general believes the

The post Breaking: European Central Bank’s Villeroy Calls For Faster Crypto Regulations appeared first on Coingape.

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