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Norway’s central bank on course to present CBDC strategy
Norway’s central bank, Norges Bank, is maintaining its approach toward developing a central bank digital currency (CBDC). Additionally, they plan to finalize recommendations next year. Deputy Central Bank Governor Pal Longva stated that the bank isn’t concerned about lagging behind other nations. The statement comes despite recent developments in countries like Switzerland. Norges bank deputy […]Cryptopolitan
Wed, Oct 23
ECB paper mischaracterizes Bitcoin, fails to highlight the problems of fiat
A European Central Bank (ECB) paper has mischaracterized Bitcoin, while also failing to highlight similar problems with fiat, a crypto executive says. The paper, “The distributional consequences of Bitcoin,” published on Oct. 22 by ECB director Ulrich Bindseil and advisor Jürgen Schaaf, claims Bitcoin needs to be regulated to prevent its price from rising or should […]Cryptopolitan
Wed, Oct 23
Japan maintains conservative approach to crypto ETFs
Japan is still not ready to approve Bitcoin or any other crypto exchange-traded funds (ETFs), despite global markets like Australia, the U.S. and Hong Kong moving forward with theirs. The country is known for its ambitions to lead in crypto, yet regulators remain cautious, especially at the Ministry of Finance. Call it the Mt. Gox […]Cryptopolitan
Wed, Oct 23
Is a pro-crypto wave set to hit Washington after record spending?
A fresh wave of pro-crypto candidates is set to enter the next Congress with support from both parties. These lawmakers range from Democrats advocating for financial inclusion to Republicans touting economic freedom through crypto. However, this shift might be backed by millions of dollars. A $160 million political spending spree from crypto firms and executives […]Cryptopolitan
Wed, Oct 23
Russian “crypto queen” scammed investors to fund Ukrainian army
Russian influencer Valeria Fedyakina, also known as “Crypto Queen” swindled investors of over $22 million in crypto scams and reportedly funded the Ukrainian military amid the ongoing war between Russia and Ukraine. According to Russian media reports, 24-year-old Fedyakina portrayed herself as an expert in cryptocurrency and digital assets on social media pages where she […]Cryptopolitan
Wed, Oct 23
Vitalik Buterin says Michael Saylor’s Bitcoin comments are ‘batshit insane’
Ethereum co-founder Vitalik Buterin has strongly criticized MicroStrategy’s executive chairman Michael Saylor’s comments on Bitcoin custody. The comments were following Saylor’s recent controversial stance advocating for Bitcoin custody through “too big to fail” banks instead of self-custody. Saylor’s controversial pivot In a recent interview with financial markets reporter Madison Reidy, Saylor suggested that Bitcoin holders […]Cryptopolitan
Wed, Oct 23
Dogecoin And Shiba Inu Go Head-To-Head For Price Dominance – A New King Emerges For $9,230% In The Next 30 Days
As the Dogecoin price and Shiba Inu price compete for supremacy, a new contender, ETFSwap (ETFS), is capturing attention with an astonishing forecast of a $9,230% increase over theBitcoinist
Wed, Oct 23
UAE launches DAO’s legal framework
Ras Al-Khaimah (RAK), one of the emirates in the United Arab Emirates, has introduced a new legal framework tailored for decentralized autonomous organizations (DAOs) within its free zone designated for digital assets. The DAO Association Regime (DARe) seeks to create a legal framework that is tailored to the functioning and management of DAOs. According to […]Cryptopolitan
Tue, Oct 22
