The BOE noted that digital currency would pose a risk to the wider financial system as the industry grows, while the FCA spoke of several concerns that digital currency firms should keep in mind. [...] Read More... The post Bank of England and FCA latest warnings and…
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New York State Assembly's Environmental Conservation Committee has voted in favor of a bill that establishes a moratorium on block reward mining operations that use proof-of-work authentication. [...] Read More... The post Proposal to ban proof of work mining moves forward in New York State Assembly appeared…
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The proposed Digital Markets Act aims to restrict large tech players from herding users towards dominant platforms, where users may have less privacy or control over their own data. [...] Read More... The post EU proposes new Regulation to enforce freedom of choice for app users appeared…
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Coingeek: Bitcoin and property rights

Tuesday, 29 March 2022 05:00
The original Bitcoin was created to support property rights under the framework of the rule of law and increase productivity with unbounded scalability and low costs. BTC is the opposite. [...] Read More... The post Bitcoin and property rights appeared first on CoinGeek.
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The Central Bank of Ireland issued its fresh warning on digital assets this week as part of Europe-wide campaign to educate investors on the risks that they face if they choose to invest in the asset class. [...] Read More... The post Ireland central bank warns against…
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A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. [...] Read More... The post Smart contract-based pyramid scheme on bitcoin appeared first on CoinGeek.
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Bicycle ownership tracker BikeFair creates an NFT record for each bicycle when it's purchased, which includes the bike's frame number and the buyer's name. [...] Read More... The post BikeFair’s NFT-based bicycle market gives peace of mind to over 3,000 users appeared first on CoinGeek.
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While the applications could possibly signal yet another move by Meta to solidify the company’s position in the metaverse, they could also be just a precautionary measure to protect the brand and logo in the metaverse, even without plans to launch any related product. [...] Read More...…
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The OECD acknowledged that digital currencies bring new challenges to the current Common Reporting Standards used by tax authorities to maintain visibility on both transactions and the location of things. [...] Read More... The post OECD proposal for new rules on digital currency reporting now open for…
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Referencing two previous communiqués in 2020 and 2021, the bank stated that it does not “supervise or guarantee operations carried out with cryptocurrencies as means of payment in the national territory. [...] Read More... The post ‘We’ll not be making BTC legal tender’: Honduras central bank debunks…
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