FCA faces backlash from crypto industry amid regulatory uncertainty March 31, 2022 The UK's crypto industry has voiced concerns that the financial watchdog's stringent regulatory standards are pushing firms offshore.
Bitcoin: The Future of Payments March 31, 2022 | City Talk Bitcoin offers a new way to think about the future of your business payments. A challenge at any business is deciding how to best allocate valuable resources to bring the types of change required to manage through the crises of today and be successful tomorrow. Accelerated by the global pandemic, the turn to a cashless [...]
Bitcoin is Boring. March 31, 2022 | City Talk Bitcoin is boring. At least, that’s what everyone is saying these days. Family, friends, even parents on the school run – everyone I talk to at the moment tells me, “Bitcoin is boring.” But is it? Having made headlines over the years for its “sudden surges” and “catastrophic crashes”, most people who have heard of [...]
Bitcoin Doesn’t Use Enough Energy March 31, 2022 | City Talk Controversial? Maybe, maybe not. Bitcoin energy usage is often attacked by the media, environmental activists, politicians, traditional finance and competitors with an agenda. But why does it get so commonly attacked? If we put agendas aside, the most obvious reason is how transparent Bitcoin is – one of the selling points of Bitcoin becomes an [...]
EU watchdog labels crypto a financial stability risk as it mulls new rules March 31, 2022 The European Union is mulling rules to limit the exposure of banks to financial risk amid concern crypto is a threat to the economy.
Crypto firm raises $135m in round led by FTX Ventures, Sequoia and A16z March 31, 2022 Layerzero Labs has closed a bumper $135m funding round led by crypto investment heavyweights FTX Ventures, Sequoia and A16z.
Crypto grandee Stani Kulechov dubs traditional finance ‘clunky’ and ‘boring’ March 30, 2022 The founder of crypto start up Aave has called out the world of traditional finance for being "super cocky" and "boring."
Hackers pilfer $600m from Ronin Network in massive crypto attack March 30, 2022 Hackers have stolen almost $600m from a blockchain network connected to the Axie Infinity online game in one of the largest crypto attacks ever.
FCA spares UK crypto firms from ejection by waiving key deadline March 30, 2022 The Financial Conduct Authority (FCA) has relented on a requirement for crypto asset firms in the UK to attain approval by 31 March.
Citi crypto lead lifts lid on ‘active’ digital asset strategy March 30, 2022 A digital asset grandee at Citi Group has revealed fresh details about the bank's "active" involvement in the crypto sector.