'Wake up and smell the coffee' — regulation is coming to DeFi, says expert
Siân Jones, a senior partner at XReg Consulting, said the FATF's narrow approach to regulating crypto must be tackled by the community as a whole. Since the Financial Action Task Force, or FATF, introduced its controversial "travel rule" for businesses in the crypto space, the debate over the suitability of established regulatory frameworks for cryptocurrencies has been unrelenting. Some experts, however, believe that the industry's experience with the FATF guidelines is only the tip of the iceberg, and points to more significant challenges down the line. During the concluding panel of the....
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Recently I’ve seen a number of people in the Bitcoin ecosystem commenting that they think Bitcoin blocks should always be completely full. This is analogous to thinking that Starbucks should always be completely sold out of coffee. Block space is like coffee in that it is a consumer good. When consumers buy coffee, they are expressing their desire for....
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial regulators, he said countries “are likely to agree on a global framework for crypto next year.”
BIS Officer Sees Defi as a Wake-up Call for Regulators, Global Policy Expected Next Year
Benoît Cœuré, a member of the BIS Executive Committee who is currently....
The founder of defi-related fintech Yield believes 2021 will be the year that decentralized finance (defi) becomes a “common term” in the financial industry, as the sector is now taking it seriously and building R&D labs. The Financial Industry Is Now Taking Defi Seriously, Says Expert During an interview with news.Bitcoin.com, Tim Frost, who also worked in the development and growth at early stages of crypto companies such as QTUM, NEO, Paxful, Polymath, among others, forecasted that in the next 12 months, the total value locked up will pass $100 billion in the defi industry.....
International premium gourmet coffee producer Pihatt Coffee has officially begun accepting bitcoin payments on the company’s online store. Pihatt Coffee, a wholly owned subsidiary of Linker International Corp. has been the prominent provider of authentic and distinctly unique coffee species grown in ancient basaltic mountains of Caudat and Di Linh of Vietnam, including Arabica, Robusta, Excelsa, and Caltimor. Cultivated at 1,500 meters above sea level, Pihatt Coffee offers premium high-grade Arabica and Catimor coffee beans grown from nutrient-rich soil and perfect temperate climates. As....
They say women like ambitious men. But men, be advised. Bitcoin is still seen as nerdy more than a sign of ambition. Take it from an expert on relationships who also loves bitcoin. Dr. Jochen Konrad, a dating and relationship specialist well known in Germany, advises men to avoid mentioning bitcoin on a first date. Especially when the woman is not technically inclined. "I think bitcoin should not be discussed by guys because that doesn't really stimulate the imagination of women or deliver any emotional cues," Dr. Konrad said. "I would only recommend even talking about it when she already....