Hester Peirce of the United States Securities and Exchange Commission has once again urged regulators to take a step back from attempting to overregulate the crypto space. Speaking to Financial Times, Peirce, affectionately dubbed “Crypto Mom” due to her positive stance on cryptocurrencies, argued against the need for strict regulatory policies. According to Peirce, regulators by nature often have a knee-jerk […]

Let’s not kid ourselves, a person like Steve Hanke has enormous incentives to defend the status quo. He’s benefited tremendously from it. It could be argued that his livelihood depends on Bitcoin failing. A project to make it legal tender in any country goes directly against Hanke’s interests, and it’s no wonder he spoke against it. The insult was over […]

Despite what some laser-eyed zealots might have you believe, Bitcoin wasn’t designed to eliminate central banks from the economic picture, and Bitcoin may one day help banks acquire many tools they currently wish they had. The final panel of Day 1 of the CoinGeek Conference in Zurich featured a lively discussion of The History of Money & The Future of […]

Pixl.One has announced details of their platform to change blockchain advertising, one pixel at a time. 9th June 2021, Tallinn, Estonia: The advertising industry is in a dire situation today, with ads and other promotional media being forced on viewers – Leading to endless spam and ineffective conversion rates for companies. Ads help media and content creators monetize their creations […]

The bill to make bitcoin legal tender in El Salvador has been approved by a supermajority in the Salvadoran Congress. “The purpose of this law is to regulate bitcoin as unrestricted legal tender with liberating power, unlimited in any transaction, and to any title that public or private natural or legal persons require carrying out,” the bill describes. Bill to […]

This week, Finance Magnates got the opportunity to catch up with respected Fintech veteran, Umstel founder and Fondex CEO, Alexander Sologubov. See the FM interview below:   Question: “What was your journey to financial markets and technologies?” When I was studying at university I dreamed about a broker career at a stock exchange. A kind of extremely dynamic work with the […]

Nayib Bukele, the president of El Salvador says there’s almost “a 100% chance” his bill to make Bitcoin legal tender will pass tonight. In a Twitter Spaces conversation that beg just after 5AM UTC with 22,000 listeners he said the bill was currently in debate but as his party has 64 out of 84 seats he expects he’ll be signing […]

Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami. The CEO of Galaxy Digital thinks the market is now in a consolidation phase after the price crash last month. Novogratz also commented on what the rise of defi could mean for banking operators in the near […]