National Bank of Ukraine to promote fair Bitcoin regulation
Following the adoption of a key crypto law by the Ukrainian parliament in early September, the central bank of Ukraine has moved to promote the development of the cryptocurrency business. On September 13, the National Bank of Ukraine (NBU) made an official statement on the core principles of monetary policy for the future year, with […]
Monero’s former lead maintainer has been released from jail
After more than a month in jail, Riccardo Spagni, the former chief maintainer of the privacy coin Monero, has been released. He has stated that his attorneys are working to get the matter addressed once and for all. Spagni said he was working with his legal team to return to South Africa to answer the […]
SEC chairman Gary Gensler compares stablecoins to casino poker chips
Gary Gensler, the chairman of the United States Securities and Exchange Commission, (SEC), has expanded on his “Wild West” analogy for cryptocurrencies, calling stablecoins “instruments for gambling at old-timey casinos.” Gensler told Washington Post columnist David Ignatius on Tuesday that most crypto projects dealt with securities that came under the SEC’s regulatory ambit, while others […]
Sommelier and Mysten Labs partners to launch Cosmos smart contracts
Sommelier, an Ethereum Virtual Machine (EVM) co-processing protocol, has announced a research and development partnership with Mysten Labs to launch smart contract applications on the Cosmos blockchain. Sommelier is a test-net protocol designed to deliver enterprise-grade automated financial transactions such as limit orders, batched orders, and portfolio rebalancing to decentralized finance , or DeFi, traders […]
Dfinity’s Internet Computer is bringing smart contracts to the Bitcoin network
The Internet Computer blockchain from the Dfinity Foundation is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to wider mainstream adoption for the cryptocurrency. Dfinity Foundation announced Tuesday that Internet Computer will connect with Bitcoin using its chain key cryptography, paving the way for smart contracts with native BTC addresses hosted […]