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Crypto Valley Roundup – Fall 2021

Source Node: https://beincrypto.com/crypto-valley-roundup-fall-2021/
Time Stamp: November 15, 2021 3:31 PM - Modified On: November 15, 2021 - Published By:
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The Crypto Valley is known to be one of the most “crypto-friendly” regions in the world. But what specifically is happening within the Blockchain ecosystem? The “Crypto Valley Roundup” aims to provide insight and highlights from selected events every two months.Sponsored Sponsored With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and

SEC Files Action Against Terraform Labs CEO Do Kwon Regarding Mirror Protocol

Source Node: https://www.bitcoinnewsminer.com/sec-files-action-against-terraform-labs-ceo-do-kwon-regarding-mirror-protocol/
Time Stamp: November 15, 2021 4:38 AM - Modified On: November 15, 2021 - Published By:
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The United States Securities and Exchange Commission (SEC) has introduced an action against Terraform Labs, the company behind the design of the Terra blockchain, and its co-founder and CEO Do Kwon. The SEC is seeking an order for Kwon to comply with a series of subpoenas he has failed to address. The investigative subpoenas seek Kwon’s testimony and the production of documents from Terraform Labs SEC Acts Against Terraform Labs and Do Kwon The United States Securities and Exchange Commission (SEC) has taken the next step in its battle against

What is the FATF Guidance on DeFi?

Source Node: https://bitpinas.com/regulation/fatf-defi-guidance/
Time Stamp: November 14, 2021 9:41 PM - Modified On: November 14, 2021 - Published By:
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Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

Brazilian Federal Deputy Proposes Crypto Payment Option for Workers

Source Node: https://coingape.com/brazilian-federal-deputy-proposes-crypto-payment-option-workers/
Time Stamp: November 7, 2021 3:32 AM - Modified On: November 7, 2021 - Published By:
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Brazilian Federal Deputy and congressman Luizão Goulart, has proposed a bill to make crypto a legal form of payment for workers in the public and private sector. Brazilian Federal Deputy Seeking to Legalize Crypto Remunerations Goulart’s proposal is looking to establish a new law that will allow all Brazilian workers to have an option to request their wages and salaries from their employers, in cryptocurrencies. But the bill warrants crypto payments to be made only after a mutual agreement has been reached between the workers and the employer. The translated version

Supreme Origin CBD Coffee Now Available in the U.S.

Source Node: https://www.prweb.com/releases/supreme_origin_cbd_coffee_now_available_in_the_u_s/prweb18308167.htm
Time Stamp: November 3, 2021 8:30 AM - Modified On: November 3, 2021 - Published By:
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Supreme Origin Tolima “As a coffee expert, I saw this opportunity to blend my passion for wellness and coffee into a great new brand looking to reshape how we experience our favorite morning beverage,” Shattah says. DENVER (PRWEB) November 03, 2021 World-renowned infused coffee Supreme Origin arrives in the United States in time for the holiday season with 20 percent off for new subscribers and free shipping nationwide in November. Help coffee-loving friends and family perk up and relax this holiday season with the gift of great-tasting CBD-infused coffee for

Gaming Giant Ubisoft Mentions Blockchain in Recent Earnings Report

Source Node: https://news.bitcoin.com/gaming-giant-ubisoft-mentions-blockchain-in-recent-earnings-report/
Time Stamp: November 2, 2021 8:30 AM - Modified On: November 2, 2021 - Published By:
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Ubisoft, one of the biggest gaming companies in the entertainment world, mentioned blockchain as one of the key points of focus for the future of the brand. The company said it is exploring blockchain as an innovative technology to be included in games in its latest earnings report. While blockchain’s play-to-earn trend has experienced a boom this year, the traditional gaming industry still has yet to embrace blockchain as part of a flagship product. Ubisoft to Explore Blockchain for Future Products Ubisoft, the gaming giant known for mega-successful franchises like

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

Source Node: https://www.bitcoinnewsminer.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 5:38 AM - Modified On: November 2, 2021 - Published By:
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A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://news.bitcoin.com/paraguay-eyed-as-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:30 AM - Modified On: November 2, 2021 - Published By:
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Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Source Node: https://news.bitcoin.com/dcg-reaches-10-billion-valuation-in-secondary-sale-led-by-softbank-and-capitalg/
Time Stamp: November 2, 2021 2:30 AM - Modified On: November 2, 2021 - Published By:
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Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

Source Node: https://news.bitcoin.com/bitcoin-is-worth-zero-kenyan-communication-strategist-warns-african-investors-to-be-wary/
Time Stamp: November 2, 2021 12:30 AM - Modified On: November 2, 2021 - Published By:
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Republished By Plato

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

Regulated Bitcoin Futures In LatAm: Argentina Considers Proposal

Source Node: https://bitcoinist.com/regulated-bitcoin-futures-in-latam-argetina-considers-proposal/?utm_source=rss&utm_medium=rss&utm_campaign=regulated-bitcoin-futures-in-latam-argetina-considers-proposal
Time Stamp: November 1, 2021 5:04 PM - Modified On: November 1, 2021 - Published By:
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A petition to launch regulated Bitcoin futures and options in Argentine pesos has been submitted by Matba Rofex, Argentina’s largest futures market, to the National Securities Commission (CNV). Matba Rofex is the most prominent market for futures and options in Argentina. They currently have a BTC MtR index expressed in Argentinian Pesos (ARS) calculated every 1 minute.  They have also shown interest in the direct investments of crypto-assets and startups. This petition was just disclosed to the public by the members of Matba Rofex, but the deputy general manager of