“Shadow economy” participants, those who use deal mostly in hard cash for anonymity’s sake, are unlikely to be drawn to using a CBDC, according to a Reuters column.
Beeple NFT to Be Auctioned by Christie’s
Christie’s is partnering with digital marketplace MakersPlace to auction the work of a renowned crypto artist.
Digital Asset Manager Grayscale Expands Leadership Team with Trio of C-Suite Hires
The digital currency asset manager’s new executives bring with them experience at firms such as Goldman Sachs, Bank of America and Ripple Labs.
Russia’s Lower House to Consider Bill on Crypto Taxation This Week
If passed the bill would amend tax laws to recognize digital currencies as a form of property.
Russian Mobile Operators Eye Payments Services, Wallets for Digital Ruble
Some telcos are looking at developing a digital wallet that would link the digital currency to users’ mobile phone numbers.
UK Crypto Exchange EXMO Offline Amid DDoS Attack
The exchange said it’s working to bring services back online following the attack.
Crypto Payments Provider BitPay Adds Apple Pay Support
Apple Pay functionality will allow cardholders to make purchases in store and online using the crypto held in their BitPay wallet.
Wall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBC
On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.
Miami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: Report
The city will seek a vendor to help City Hall pay all or part of its employees’ salaries in bitcoin.
Residents would also have the option of using cryptocurrency to pay for city services.
T-Mobile Sued Over SIM Attack That Resulted in Loss of $450K in Bitcoin
The plaintiff lost 15 bitcoin after an interaction with a T-mobile customer who had been victim of a SIM-swapping attack.
Alabama Man Charged Over SIM Swap Hacks That Stole $150K in Crypto
Joseph Chase Oaks allegedly used SIM-swap hacks to access victim’s online accounts between August 2018 and October 2019.
Former HSBC Exec and Blockchain Expert Diana Biggs Joins Valour as CEO
Biggs is an associate fellow at the University of Oxford’s Saïd Business School, guest lecturing on blockchain technology and digital assets.
Iowa Introduces Bill to Level Playing Field for Blockchain and Smart Contracts
The bill was introduced by Republican State Senator Mark Lofgren to bring blockchain tech on par with traditional contracts and recordkeeping.
More People HODLing Bitcoin Hurts Case for Buying, Selling With It, Says Morgan Stanley
Addresses holding amounts of bitcoin worth more than $1 million are on the rise.
Rhode Island Lawmakers Hope to Boost State Economy With Blockchain-Friendly Legislation
A newly introduced blockchain bill aims to provide a “welcoming” environment for fintech companies in a bid to stimulate growth and jobs.
Elon Musk Bites Back at Freewallet After Dogecoin Tweet
The Tesla CEO said crypto users should avoid wallets that do not give them access to their private keys
Siam Bank Launches $50M Blockchain Fund
The fund will focus on global early and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand’s oldest bank says.
New $50m Venture Fund Aims to Bridge East-West DeFi Investment Divide
Spartan Group’s fund has raised over $30 million in its first round, with a further $20 million expected to be raised in March or April.
Bank of Korea: CBDCs Are Fiat Currency Not Virtual Assets
Some legal changes would be needed before a potential central bank digital currency launch in South Korea, research indicates.