Babylon Launches Trustless Bitcoin Staking Protocol on Mainnet

August 20, 2024 Bitcoin.com

babylon

Babylon has launched its bitcoin staking protocol on mainnet, marking a significant step in integrating Bitcoin’s security into proof-of-stake (PoS) ecosystems. The launch is set to provide bitcoin holders with new staking opportunities, leveraging the network’s decentralized nature. Bitcoin Staking Protocol by Babylon Goes Live Babylon‘s mainnet launch introduces a staking protocol that allows bitcoin […]

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Societe Generale Subsidiary Launches Euro Stablecoin, but Faces Criticism Over Smart Contract Issues

April 21, 2023 Bitcoin.com

bitcoin.com

According to Societe Generale-Forge (SG-Forge), a regulated subsidiary of Societe Generale Group, the company has launched a stablecoin pegged to the euro and issued on the Ethereum blockchain. During the launch announcement, SG-Forge’s CEO stated that a stablecoin “built under a robust banking-grade structure” will be a key element to increase trust and confidence in […]

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Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access

March 23, 2023 Bitcoin.com

ACCESS

Since the collapse of three American banks friendly to cryptocurrency businesses and the U.S. government’s insistence that crypto assets are “risky investments,” many speculators believe bureaucrats are purposely closing access to cryptocurrencies. Some refer to the U.S. government’s recent enforcement as “Operation Chokepoint,” a mission aimed at eliminating access to the crypto ecosystem in the […]

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Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say

July 30, 2022 Bitcoin.com

bitcoin.com

Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into South Africa while growing the country’s burgeoning crypto ecosystem.” Crypto as a […]

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If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits

November 11, 2021 Bitcoin.com

1:1 USD

The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within the crypto ecosystem serves as a glaring reminder that cryptocurrencies and blockchain technology […]

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Bank of America’s Crypto Research Debuts: Digital Assets Are ‘Too Large to Ignore’

October 5, 2021 Bitcoin.com

Bank of America

Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank said, “This is growing, this is mainstream, and it’s not just bitcoin.” Bank of […]

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South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’

September 9, 2021 Bitcoin.com

Binance

One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so […]

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Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024

July 23, 2021 Bitcoin.com

Adoption

Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year. Strategy for Crypto Market […]

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Johannesburg Stock Exchange Rejects Bitcoin ETF Application, Cites Lack of Regulatory Framework

June 14, 2021 Bitcoin.com

bitcoin etf

South Africa’s Johannesburg Stock Exchange (JSE) has rejected a request by the asset management firm, Sygnia, to list a new bitcoin exchange-traded fund (ETF). In justifying its rejection of the latest proposal by Sygnia, the JSE cites the “lack of a regulatory framework for cryptocurrencies as the reason.” Unexpected Rejection Meanwhile, a report suggests that […]

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Andreessen Horowitz Discusses Raising Third Crypto Fund to $2 Billion, Sources Say

May 31, 2021 Bitcoin.com

Andreessen Horowitz Discusses Raising Third Crypto Fund to Billion, Sources Say

$2 Billion

In May 2020, back when the crypto economy was still tumultuous from the coronavirus outbreak fears and gloomy global financial outlook, in general, the private venture capital firm Andreessen Horowitz (a16z) revealed the 500 million-dollar “Crypto Fund II.” A report published on May 27 by the tech writer Eric Newcomer indicates that Andreessen Horowitz is […]

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