UKGC issues caution about Ethereum-based NFT system
issues Warning

UKGC issues caution about Ethereum-based NFT system

The U.K. Gambling Commission (UKGC) has issued a warning and notice about fantasy football NFT platform SoRare.com. The gambling regulator did not take enforcement action against the platform but warned players that its activities fall outside the scope of regulated gambling activity in the country. It also said it was “carrying out inquiries” into the…

ShapeShift issues 2nd token airdrop subsequent decentralization pledge
issues ShapeShift

ShapeShift issues 2nd token airdrop subsequent decentralization pledge

In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years.

Mark Cuban Issues His Five Crypto Regulation Commandments  Community Balks
Cuban issues

Mark Cuban Issues His Five Crypto Regulation Commandments Community Balks

Mark Cuban. Source: A video screenshot, Yahoo Finance/YouTubeThe Shark Tank star, crypto bull and Dallas Mavericks owner Mark Cuban has taken to Twitter to air his opinion on how the crypto sector should be regulated – drawing mixed reviews from the community.Cuban, who has grown increasingly vocal about all things crypto-related – including dogecoin (DOGE)…

IMF Issues New Warning Against Using Crypto Assets As National Currency
issues Warning

IMF Issues New Warning Against Using Crypto Assets As National Currency

The International Monetary Fund (IMF) sent out a warning, telling us that using crypto assets as national currency would be “a step too far.” Personally, I think a step too far is the existence of an unaccountable, global body that imposes an unsustainable monetary system on the entire word, but that’s just me. Leaving that…

IMF issues veiled warning against El Salvadors Bitcoin law
issues veiled

IMF issues veiled warning against El Salvadors Bitcoin law

Making any cryptocurrency a national currency “is an inadvisable shortcut” to more inclusive financial services, according to two IMF officials.

Strike Issues a Live-or-Die No-Fee ‘Challenge’ to Coinbase, CashApp, Venmo
issues Strike

Strike Issues a Live-or-Die No-Fee ‘Challenge’ to Coinbase, CashApp, Venmo

Jack Mallers. Source: Twitter/@JackMallersStrike, a bitcoin (BTC) banking service by the US-based Bitcoin Lightning startup Zap, about to enable their users to buy BTC on its platform with no added fees – which would make a major difference in paying for transactions when compared to crypto exchange Coinbase, and other services such as PayPal’s Venmo,…

FDIC issues request for information on digital assets at US banks
issues request

FDIC issues request for information on digital assets at US banks

Home » Business » FDIC issues request for information on digital assets at US banks The Federal Deposit Insurance Corporation (FDIC) has issued a request for information, soliciting views on the possible use cases for digital currency at U.S. banks. The body, which protects bank deposits in the U.S. via a compulsory insurance scheme for…