Nothing shines a light on the importance of energy as much as a fast-approaching winter. When the temperature drops, the scarcity of energy becomes obvious and global efforts to preserve it begin. This year, the fight for energy is more aggressive than it’s ever been. The fiscal and monetary policies set in place during the…
The EU’s Markets in Crypto Assets (MiCA) bill could significantly impact crypto influencers as some clauses hint at strict regulation. Circle’s EU strategy and policy director, Patrick Hansen, pointed this out, saying that commenting on a digital asset and profiting from it without disclosure could be termed market manipulation. Crypto influencers beware: Commenting on crypto…
After weeks of flatlining, Bitcoin has finally seen some positive price action, breaking through the $20,000 resistance. At press time, BTC stood at $20,745 and showed the potential to inch even closer to $21,000. Graph showing Bitcoin’s price in October 2022 (Source: CryptoSlate Bitcoin) Bitcoin’s rally could have been a result of a significant increase…
Despite their best efforts, European countries’ governments have so far been unable to curb inflation this year. Russia’s invasion of Ukraine was the spark that finally triggered the crisis that loomed since the outbreak of the COVID-19 pandemic in 2020. In June, EU member states released their consumer price index (CPI), showing that prices have…
Paul Tang, a member of the E.U. Parliament, believes that transferring cryptocurrencies should require information about the sender and the receiver, just like bank transfers. Tang, who heads the E.U. Parliament’s Subcommittee on Tax Matters, called the pushback against the upcoming crypto AML regulation “another social media storm by crypto bros.” A new E.U. proposal…
Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking, and insurance watchdogs said in a joint statement (pdf). “Consumers face the very real possibility of losing all their invested money if they buy these assets. Consumers should be alert to the risks of misleading…
Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and Visa, nation-states worldwide have been in a hurry to develop digital versions of their sovereign currencies, also known as Central Bank Digital Currencies, or CBDCs for short. In China, which has, by…
While cryptocurrency regulation has been a hot topic for quite a while, it wasn’t until last year that governments around the world began taking a bigger interest in regulating the booming crypto market. El Salvador accepting Bitcoin as legal tender last September further ignited this interest. The MMF went on to warn the country that…
Brussels MP Christophe De Beukelaer will convert his salary into Bitcoin, and this, throughout the whole of 2022. As reported by the Belgian news outlet 7sur7, thanks to the Bit4You platform, the MP’s monthly salary will be automatically converted into bitcoin (BTC). As markets have been quite volatile of late, this might seem like a…
In a document made public earlier this month the European Commission published a call-for-proposal for a European government controlled DNS resolver service. The reasoning behind the proposal is to protect the privacy of end-users and keep them secure by applying filtering functions to block malware, phishing and other cyber security threats. However, the proposal also…