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Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens

Bitcoin.com
Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to Teens
bitcoin.com
Democratic Senators Push Against Meta’s Idea of Bringing the Metaverse to TeensMeta, the social network company, is getting some pushback on its plan to market and bring Horizon Worlds, its flagship metaverse app, to teens. Democratic senators Ed Markey and Richard Blumenthal directed a letter to the company to halt these actions, citing concerns about the interactions that teens could have in Meta’s virtual worlds. Meta […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange

Bitcoin.com
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
All time high
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt ExchangeOn Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

Bitcoin.com
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
2.8% growth
IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency NeededAccording to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Bitcoin.com
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament
Banking institutions
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU ParliamentLawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

Bitcoin.com
Animoca Brands Plans Billion Metaverse Fund to Support Established Projects
Animoca Brands
Animoca Brands Plans Billion Metaverse Fund to Support Established ProjectsAnimoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency

Bitcoin.com
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
bank of thailand
Bank of Thailand Needs More Time to Complete and Launch Retail Digital CurrencyThe central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better Understand Risks of […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Bitcoin.com
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto
article
ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than CryptoUnbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key objectives for the project which should provide Europeans with “easy access to central bank […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

Bitcoin.com
Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus
Belarus
Leading Eastern European Exchange Exmo Sells Business in Russia, BelarusExmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

Bitcoin.com
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
Bank of Russia
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia InsistsThe spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country

Bitcoin.com
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
Bank of Spain
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the CountryThe deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% […]
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Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

Token Merger: Bitget Unifies BGB and BWB for Ecosystem Growth

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