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Where Are The Regulatory Risks for Crypto?
This weekend's crypto volatility was blamed on Twitter rumors, but what impact would an actual regulatory crackdown have on the crypto markets? Perianne Boring, the Digital Chamber of Commerce founder, breaks down the potential regulatory risks, including anti-money laundering statutes and tax compliance on the crypto sphere. Plus, an update on the organization's efforts to educate thought-leaders in government, business, and media.
Did Regulatory Crackdown Fears Cause Crypto to Nosedive?
Bitcoin took a nosedive Sunday amid rumors swirling around on Twitter of upcoming U.S. regulatory enforcement actions. Is there any truth to those rumors? CoinDesk’s Nikhilesh De digs into the mystery and shares what he has learned.
China Calls Crypto an ‘Investment’; Crypto Demand Bounces Back in Asia
China gives the “alternative investment” label to crypto and hints at reserving a seat for digital assets in the country’s digital economy. Meanwhile, exchanges in Asia recover from crypto’s weekend price crash and see spikes in bitcoin long orders. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Week in Review: Coinbase’s Public Listing, Growing Demand for Privacy
It’s been a big week for bitcoin. Coinbase’s public listing made history, and a government crackdown on crypto in Turkey has prompted growing calls for privacy in financial transactions, leading to a boom in privacy coins.
Chart of the Day: Privacy Coins Regaining Momentum
Privacy coins are soaring amid greater regulatory scrutiny of cryptocurrencies. Christine Lee breaks down the data in today’s Chart of the Day.
Did a Coal Mine Accident in China Impact the Bitcoin Hashrate?
A series of accidents at Chinese coal mines cut power to several Chinese bitcoin miners, which has made a slight impact on the overall bitcoin hashrate. Christie Harkin explains the situation. Plus, is bitcoin due for a correction, or will the bull market continue?
Reddit’s WallStreetBets Group Bans Crypto Talk – Again
The WallStreetBets subreddit on Reddit reversed an earlier ban on crypto conversation before banning it again a mere three days later. What’s behind the moderators’ quick about-face? “The Hash” panel discusses the toxic internet culture often associated with crypto communities on the web.
Doge Mania: The Memecoin Soars to New All-Time High
DOGE is going to the moon, hitting a new all-time high and reaching a market cap that surpasses many major corporations and banks. What's going on? "The Hash" panel breaks down dogecoin mania and discusses the influx of doge memes at companies like Slim Jim. Plus, what will it take for many in the crypto community to take doge seriously?
Paris Hilton Is Obsessed with Crypto and NFTs
Paris Hilton: reality television star, heiress…long-time crypto investor? Paris was an early adopter of bitcoin and ethereum and is now dropping an NFT collection on Nifty Gateway. Is Paris Hilton a genuine crypto enthusiast or opportunist? “The Hash” panel debates.
OK, Boomer: HSBC Bans Customers from Buying MicroStrategy, Coinbase Stocks
Financial giant HSBC is not hopping on the crypto bandwagon anytime soon. A representative from the company said the bank has a "limited appetite" for products that derive value from virtual currencies. Is HSBC's decision based on a lack of shareholder interest, or is the bank staying on the sideline out of fear? "The Hash" panel breaks down why some institutions are still reluctant to get into crypto.