Author: Melanie Kramer
-
Europe Prepares for Stablecoin Regulation, US Lagging Behind
[ad_1] In a statement released July 12 Europe’s financial watchdog, the European Banking Authority (EBA) encouraged timely preparation for new Markets in Crypto-Assets (MiCA) regulations which will affect several cryptocurrencies. MiCA’s implementation could be an important step towards mainstream acceptance of these new digital assets, but other countries lag in developing new regulations, including the…
-
US Regulators Sue Leading Cryptocurrency Exchanges
[ad_1] Crypto pundits have speculated for years on the approach the US Securities and Exchange Commission (SEC) might eventually cement towards cryptocurrency. After posing regulatory challenges to other crypto organizations and their coins across the past few years, the SEC has now turned its attention to two of the largest cryptocurrency exchanges in the world.…
-
Cryptocurrency as a Financial Service or Gambling Activity?
[ad_1] In the UK, a House of Commons Treasury Committee is opposing government plans to regulate crypto-like financial services. The committee says crypto should be regulated like gambling so that consumers aren’t lulled into a perception that crypto is safe. The committee’s views, so far, are just opinions and the UK Treasury seems set on…
-
It’s Now Easier to Bet on Bitcoin NFTs
[ad_1] Bitcoin NFTs, or Bitcoin Ordinals, launched in January 2023 and have helped to skyrocket Bitcoin blockchain activity. Up to now, an Ordinals wallet has been needed to buy and sell these NFTs but, in news this week, Binance will soon allow collectors to use their Binance accounts directly. Binance adding support for Bitcoin NFTs,…
-
Bitcoin is Back (and so is Pepe!)
[ad_1] Bitcoin’s value isn’t back to its peak of 2021; however, the Bitcoin network did see the highest number of transactions ever, in its entire 14-year history, in the past week. This means that Bitcoin is being used and it’s an encouraging sign for the crypto industry. Just a few weeks ago we speculated “Is…
-
GameFi and Crypto Betting: Gambling on Crypto Regulations?
[ad_1] NFTs, blockchain-based gaming and play-to-earn (P2E) game models, often referred to as GameFi, and crypto and esports betting all offer new ways to play. Their evolution, however, will be influenced by how cryptocurrencies are regulated. GameFi sits between decentralized finance (DeFi) and P2E blockchain gaming. It’s defined by the World Economic Forum (WEF) as…
-
Is Crypto Dead? – Navigating Cryptocurrency Evolution
[ad_1] Is crypto dead? It’s a fair question, 2022 was another tough year for this still nascent industry. The crypto market lost over $2 trillion and Bitcoin over 60% of its value. There were more than a few crypto collapses last year, including industry golden child Sam Bankman-Fried’s FTX which left between $1 billion to…
-
NFT Sales Could Be Easy Wins For Gamers
[ad_1] Non-fungible Tokens (NFTs) hold huge promise for gamers, both with how they can be utilized and for their value. This new blockchain-based technology means that in-game items and game collectables can be personally owned, traded, and monetized. Gamers can cash in on this potential – by selling their NFTs on the open market to…
-
Rivalry’s Shareholder Update Promises New Games, Further Expansion, and Healthy Profits
[ad_1] In an early 2023 update, esports betting company Rivalry shared with its shareholders a strong 2022 performance as well as its initiatives for further growth this year. Tipped as one of the most engaged esports betting brands, Rivalry Esports has described 2022 as a breakout year that saw “exceedingly strong” performance. In its press…