FDIC Vice Chairman Travis Hill criticized U.S. banks’ restrictions on handling their customers’ digital assets. On Monday, Hill called for a proactive approach to blockchain technology, indicating that the current regulatory stance stifles innovation. He emphasized the need for policy clarity on acceptable measures and standards for safety and soundness. Hill, who previously worked as a Republican Senate aide, noted that rapid technological advancements pose challenges to policymaking. In 2022, top U.S. banking regulators, including the FDIC, the Federal Reserve, and the Office of the Comptroller of the Currency, warned banks about the risks of cryptocurrency trading, highlighting concerns about…
Author: Crypto Flexs
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Participate in Binance’s Word of the Day game focused on Bitcoin evolution and earn cryptocurrency reward points during the special Bitcoin Halving week. In light of the much-anticipated Bitcoin Halving event in 2024, Binance, a leading global cryptocurrency exchange, has announced an engaging educational initiative called ‘Word of the Day Bitcoin Halving Special’. The program aims to increase users’ understanding of Bitcoin’s evolution while providing them with the opportunity to earn Binance Points that can be exchanged for various rewards. Understanding Bitcoin Halving Bitcoin halving is a significant event that occurs approximately every four years, in which the rewards for…
March 11, 2024 | NFT Kraken, the official cryptocurrency and Web3 partner of Williams Racing, is pleased to announce its 2024 roadmap. Williams Racing Collectibles+ Grid Pass presented by Kraken. Collect free passes to unlock instant and exclusive digital and physical benefits and access the unique Williams Racing experience brought to you by Kraken. In October 2023, we launched a free Grid Pass in partnership with Williams Racing. Since then, more than 50,000 customers have applied for and taken advantage of Grid Pass. They had exclusive access to special offers like Fan Zone activities, pre-sales of new merchandise, and free…
Federal Deposit Insurance Corporation Vice Chairman Travis Hill sharply criticized the Securities and Exchange Commission’s (SEC) handling of controversial cryptocurrency accounting guidelines in a speech Monday.Hill, the FDIC’s second-in-command, said the SEC’s Staff Accounting Bulletin 121 (SAB 121) differs from current trustee practices. Announced in March 2022, this board requires businesses. that custody cryptocurrency We record our customers’ cryptocurrency holdings as liabilities on our balance sheet. “This treatment is a significant departure from the way trustees account for all other assets held in custody, which are typically taken off the balance sheet and treated as property of the client rather…
London, UK, March 11, 2024, Chainwire Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of a revolutionary platform designed to create life-like autonomous AI digital replicas on-chain, representing a significant leap toward digital immortality. . Leveraging cutting-edge technology, Sensay offers limitless potential in the digital era, helping users maintain ownership and monetize their digital twins. Bold steps for dementia patients and beyond Focused on people living with dementia and their families, Sensay aims to deliver immediate social impact by providing life-like digital replicas for memory preservation and companionship. This groundbreaking approach…
Are you looking for a calming way to spend your time accumulating satoshi? One of the best casual cryptocurrency games we’ve played so far is Bitcoin Sudoku, one of Bling Financial’s many mobile games. Earn points while you play—You can then convert those points to: bitcoin or Ethereum.Bitcoin Sudoku, both available iOS and androidIt’s built similarly to other Bling games, such as: sweet bitcoin, word breezeand Ethereum explosion. Although it’s full of unskippable video ads between play sessions, it’s a simple take on the familiar free-to-play mobile puzzle game premise.However, Sudoku is inherently a slower-paced game than a fast-paced puzzle…
join us telegram A channel to stay up to date on breaking news coverage Gala prices have surged 21% in the last 24 hours and 70% in the past week. Traded at $0.0752 As of 12:45 a.m. EST, trading volume had surged 107% to $1.68 billion. Gala Price Rally Above Cup and Handle Pattern GALAUSDT Analysis by Tradingview Gala price shows a significant surge above the cup and handle pattern as bullish momentum pushes the price higher, indicating a long-term bullish rally. The cup and handle pattern indicates the continuation of a bullish trend. After a continuation of the downtrend,…
The LSE is preparing to list Bitcoin and Ethereum ETNs in the second quarter of 2024, signaling a breakthrough for regulated cryptocurrency investing in line with the FCA’s updated cryptocurrency stance. The London Stock Exchange (LSE) has made a pivotal announcement that will shape the future of cryptocurrency participation in traditional financial markets. In a recent update, the LSE confirmed that it has decided to accept applications for Bitcoin and Ethereum exchange-traded notes (ETNs) to be launched in the second quarter of 2024. This strategic move comes on the heels of the UK’s Financial Conduct Authority (FCA). Revises its stance…
In the fast-moving world of cryptocurrency, simplicity and profitability are key. For beginners looking for an attractive option to generate a steady income with minimal effort, cloud mining offers an attractive option. In this article, we will explore the concept of cloud mining, focusing specifically on: simple mining machine This is the best platform to help you start your journey to earning $500 or more every day.The charm of cloud miningCloud mining has long been a favorite among cryptocurrency enthusiasts due to its ease of use and accessibility. Unlike traditional mining, it does not require expensive hardware, technical expertise, or…
March 11th Bitfinex Alpha | ETF flows continue while speculation about dogs, cats and AI tokens grows. Posted at 14:55h On Bitfinex Alpha Maria Lobusova subscribeTo Bitfinex Alpha! Want to receive Alpha from Bitfinex every week? subscribe Bitcoin reached $72,007 on March 11 (at the time of writing), hitting another all-time high. This is a cause for celebration for long-term investors, but a challenge for short-term traders and risk takers. These sharp market movements resulted in significant liquidations for traders with long and short positions. Last week alone, BTC hit its all-time high on March 5th, when the price recovered…