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British art icon Damien Hirst to accept BTC, ETH payments for print run

The artist is accepting payments in currencies that will last more than a shark in formaldehyde. Still another fine art institution is leaping about the crypto bandwagon.  British artist Damien Hirst and printmaker HENI Leviathan announced today the launch of a printing run of 8 Hirst paintings, that will be available for sale with the […]

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FATF updates guidance on crypto service providers, calls for public comments

The Financial Action Task Force is looking to accommodate its advice standards for stablecoins along with crypto peer reviewed transactions. The Financial Action Task Force says it’s set to publish an upgrade to its own guidelines on cryptocurrencies and virtual asset service suppliers; a catch-all term including exchanges, wallet suppliers, and custody programs, among others.This […]

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SEC’s Division of Examinations issues Risk Alert on digital assets

The Risk Alert Appeared to take particular aim in broker-dealers, who’ve been”inadequate” in their AML compliance Social Security and Exchange Commission’s Division of Urology printed now a blueprint for investment managers and institutions on how the Division can inspect the handling of cryptoassets, or even”digital power securities,” proceeding forward.  Targeted towards investment advisers, broker-dealers, exchanges, […]

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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

Polychain Capital has wager to get a new DeFi market protocol seeking to boost the adoption of stablecoins from DeFi. Veteran cryptocurrency investor Polychain Capital has joined a funding across in DFX Finance, a new decentralized fund market protocol optimized for non-U.S. dollar stablecoins.DFX increased over $5 million in seed funding from Polychain and True […]

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Bitcoin whale from 2010 moves 100 BTC for first time in 11 years

Blockchain analysts have identified 100 BTC mined in June 2010 which were transferred for the first-time today. A veteran miner has broken open their 2010 stash of Bitcoin, with crypto analysts viewing 100 BTC being transferred out of two wallets which were laid dormant for at least a decade.Prior to today’s trade, the addresses hadn’t […]

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Bitcoin will not become a global medium of exchange, says Charlie Munger

Like Berkshire Hathaway chairman Warren Buffett, the 97-year-old Munger is an established writer of Bitcoin (BTC).Addressing the 2021 Daily Journal annual meeting with shareholders organized by Yahoo Finance on Wednesday, Munger again espoused some negative sentiments regarding the greatest cryptocurrency by marketplace capitalization.Fielding queries from bankers about Bitcoin, Munger stated:”I do not think Bitcoin will […]

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Coinbase sent SEC filing to Satoshi in a symbolic gesture

On the other hand, the exchange also asserted the identification of the Bitcoin creator could create the crypto marketplace to deteriorate. United States-based cryptocurrency exchange Coinbase named Bitcoin creator Satoshi Nakamoto in its recent filing with the Securities and Exchange Commission for a direct record on the stock market.According into the SEC filing, Coinbase delivered […]

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Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

Bitcoin will be liquid and stable when regulatory certainty is set up, Bridgewater’s director of investment research contended. A senior analyst at asset management firm Bridgewater considers that regulation might possibly make Bitcoin (BTC) that a fantastic advantage for institutional investors.Bridgewater director of investment research Rebecca Patterson maintained that regulatory certainty about Bitcoin would address […]

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Law Decoded: Loose ends and long dramas, Feb. 19–26

Longstanding sagas in crypto saw significant plot development and just a decision or two in this week’s publication. Each Friday,” Law Decoded delivers evaluation on the week’s critical stories in the realms of policy, regulation and also law.Editor’s noteOne afternoon in the not-so-distant near future, the curious adventure of episodic tv with its week-by-week gaps […]

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Tokenization of assets is not taking off, but it really should

For years, tokenization has been hyped to become among the most interesting use instances of blockchain, however, it hasn’t gained its momentum yet. For decades, experts have been speaking about how tokenization — the act of creating a digital representation of an advantage on a distributed ledger — of a monetary or real advantage can […]

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