Saturday, February 27, 2021

Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor

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Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what...

US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction

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A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were not enough to give...

The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High...

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Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high...

India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee

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Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation...

Authorities to regulate one of the world’s biggest Bitcoin markets

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Two Nigerian regulatory bodies, the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC), have agreed to conduct research to regulate...

U.K. tax authorities eye crypto assets in up-and-coming budget

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According to chartered accountants HillierHopkins, Her Majesty’s Revenue and Customs (HMRC) will target crypto investors in the up-and-coming budget on March 3. Principal at...

Federal Reserve Appoints Pro-Bitcoin Chief Innovation Officer

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A pro-bitcoin head of digital assets from TD Ameritrade has been appointed as the Federal Reserve System’s chief innovation officer. This is “a new...