AFME Cautions UK FCA on Stablecoin Regulations, Securities
February 6 remains the comment deadline on the UK Financial Conduct Authority (FCA) discussion paper relating to stablecoin regulation and custody. The Association for Financial Markets in Europe (AFME) provided the FCA with its comments on schedule. The initial deadline for responses to the discussion papers concerning regulating stablecoins in the United Kingdom was February 6. […]
Europe Leads Ethereum ETF Market with $4.6B AUM
Europe and Canada already have billions of dollars worth of spot and futures Ethereum-related products, while U.S. regulators are still debating spot Ethereum ETFs. Europe has an 81.4% market share in the worldwide Ethereum (ETH) ETF market, according to a Coingecko report. There are thirteen ETFs in the space with ETH backing, distributed among futures […]
Epic Games Store to Allow Early Access for Video Game Shrapnel
Shrapnel, an upcoming web3 shooting game, will soon be accessible on the Epic Games Store as an early access title. Shrapnel, a blockchain video game akin to Call of Duty, will go on early access from February 8 through February 10, from 1 pm to 9 pm PT. The first build of the game, called […]
Tether Invests in Oobit to Expand Crypto Payments Globally
Tether recently revealed a $25 million investment in Oobit, a mobile payment company, opening up a more accessible route for cryptocurrencies in regular commerce. Oobit’s mobile app aims to alter how cryptocurrency owners engage with traditional retail establishments. It allows consumers to use their digital assets at more than 100 million Visa and Mastercard-accepting shops […]
Samson Mow Suggests Bitcoin as an escape From U.S. Debt
Samson Mow proposes Bitcoin as a means to evade the escalating U.S. debt in light of Jerome Powell’s remarks regarding fiscal sustainability. Prominent proponent of Bitcoin and CEO of Jan3, Samson Mow, emphasized remarks made by Federal Reserve Chairman Jerome Powell regarding the condition of the U.S. national debt. In a prominent appearance on “60 […]