When central banks seek public discussion, Jan. 17–24

[ad_1] Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published a discussion paper entitled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation,” which summarizes years of the Fed’s research on CBDCs. Meanwhile, the Central Bank of Russia released a report that called for a blanket ban on domestic cryptocurrency operations and mining. Both documents are framed as an invitation for public discussion, but the kinds of…

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Crypto as a ‘public good’ in the 22nd century – Cointelegraph Magazine

[ad_1] It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically, but by a small group of “agents of influence” often including founders, software developers, miners and other parties with a monetary interest in the matter.  This notion is open to debate, of course, but accepting that this is the case today, would it necessarily hold in the future too? Especially when Bitcoin or Ethereum, or any other blockchain network, has billions of users and, for the sake of…

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Stronghold Goes Public At 19 Per Share IPO

[ad_1] Stronghold has upsized its IPO to $19 per share, with plans to raise $127 million. The company had previously announced an IPO price of between $16 and $18 per share, which would allow it to raise around $100 million. Stronghold’s common stock shares are expected to begin trading today under the ticker symbol $SDIG. Bitcoin miner Stronghold Digital has upsized its initial public offering (IPO) price to $19 per share, allowing it to raise $127 million, the company said in an announcement. The 6,687,305 shares of Stronghold’s Class A…

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Mining Hardware Manufacturer Bitfury Plans to Go Public – Mining Bitcoin News

[ad_1] Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars after its latest funding round, and is backed by companies like Mike Novogratz’s Galaxy Digital. Bitfury Going Public in European Markets Bitfury, one of the most important cryptocurrency mining hardware manufacturers in Europe, is reportedly planning to go public in European markets.…

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Reserve Bank of New Zealand Seeks Public Opinion on Central Bank Digital Currency – Bitcoin News

[ad_1] The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash. New Zealand Central Bank Considers Risks and Benefits of CBDC Reserve Bank of New Zealand (RBNZ) is now gathering input from the public on the potential use of a central bank digital currency (CBDC), Reuters reported following an announcement released by…

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Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   US financial regulator FinCEN hires its first-ever chief digital currency adviser The United States Financial Crimes Enforcement Network, or FinCEN, filled a new role — that of chief digital currency adviser, unveiled on July 6, recruiting Michele Korver for the job. Korver has…

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Poland financial regulator issues public warning about Binance

[ad_1] As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange. On Wednesday, the Polish Financial Supervision Authority (PFSA) published a statement on Binance’s growing regulatory issues around the world, stressing that the company’s operations are not regulated in Central European country.  The crypto market is “neither regulated nor subject to supervision” by the PFSA, the regulator noted, cautioning the public about the risks associated with trading on Binance given the growing pushback to the exchange from global financial regulators, stating:…

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Australian regulators seek public input on crypto ETPs

[ad_1] The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is aware of rising interest and demand in their launch on regulated Australian markets. In a consultation paper released June 30, the regulator said its top priority was to assess whether the “unique and ever evolving features” of crypto-asset ETPs could meet existing regulatory obligations in a consistent fashion. Given this complexity and the fast pace of change in the industry, ASIC notes it deems it necessary to consult widely in…

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