EU regulator sees crypto as sign of increased risk-taking in current climate
An ESMA report views crypto assets’ volatility in the first half of 2021 as an indication of “possible market exuberance.” The European Securities and Markets Authority (ESMA) has published its report on trends, risks and vulnerabilities in the European Union markets during the first half of 2021 (1H21).Its takeaways included the argument that crypto markets’ extraordinary volatility and growth make a compelling case for the need for a targeted regulatory regime, as sketched out in the European Commission’s proposed Markets in Crypto-Assets regulations.Much has been riding on the EU and....
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As the world continues to warm and face the effects of climate change, what does this mean for Bitcoin, blockchain and the world of crypto? In October 2018, the journal Nature Climate Change made headlines both within the crypto world and beyond after it published a study claiming that within three decades, the carbon emissions of the Bitcoin network alone could push the planet past 2 degrees Celsius of warming — the threshold established by the international Paris Agreement. While additional research has been released since, showing that much of the Bitcoin network actually relies on....
An Australian regulator has warned residents seeking to self-manage their retirement funds to be wary of investing in crypto-asset investments that promise high returns in a short space of time. The regulator reiterates in the warning that crypto-assets are a high-risk and speculative investment. Scammer Tactics The Australian financial services regulator, the Australian Securities and Investments Commission (ASIC), has warned residents that self-manage their superannuation funds to be wary of scammers that are using the lure of quick and high returns offered by crypto assets to defraud....
Decentralized Applications Fund general partner, Sam Yilmaz, warns that the crypto sector is approaching a lean period of lower interest and investment, heightening the importance of VC capital. Speaking to CoinTelegraph ahead of his speech at the free International Virtual Crypto Summit on February 26-27, Sam Yilmaz discusses where he sees Bitcoin 2.0 heading in 2015 and the investment climate in the sector. Following 2014's record US$335 million of VC investment into Bitcoin businesses, the first two months of 2015 have seen an even higher rate, which already resulted in US$105.84....