Wyoming Senate passes DAO law

Wyoming has created a piece of legislation that will recognize Decentralized Autonomous Organizations (DAOs) as legitimate enterprises in the United States. On March 18th, the Wyoming Senate voted 28-2 to push a law that many are calling ‘the Wyoming DAO bill’, to Wyoming’s house of representatives, where it will be voted […]

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The NFT craze is being driven by ignorance

2021 may be year of the bubble: BTC has almost doubled in a matter of months, Tesla reached a record high despite missing earnings for four consecutive quarters, and a non fungible token (NFT) based on art by digital artist Beeple sold just sold at auction for US$69.3 million. There’s […]

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The endangered state of digital asset exchanges

Introduction According to a Bloomberg report, the Commodity Futures Trading Commission (CFTC) is investigating Binance Holdings Ltd. for permitting U.S. residents to access certain services. This follows the CFTC’s action against BitMEX for violating multiple regulations and Coinbase Global Inc.’s recent disclosure of an extensive CFTC investigation. To those that […]

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Bitcoin is now ‘too important to ignore’, Deutsche Bank says

Bitcoin’s (BTC) market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,” according to Deutsche Bank analysts. Deutsche Bank Research, the financial research subsidiary of global banking giant Deutsche Bank, issued a report devoted exclusively to Bitcoin, titled “The Future of Payments: […]

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