Top Central Bankers Agree Appropriate DeFi Regulation Is Necessary

The world's top central bankers, Jerome Powell of the United States Federal Reserve Chairman, Christine Lagarde the President of the European Central Bank (ECB), and Agustín Carstens, the General Manager of the Bank for International Settlements (BIS) are looking into regulating decentralized finance (DeFi). During a panel discussion on digital finance hosted by  Banque de France, the attendees shared and tackled their views on DeFi. They acknowledged and urge that broader DeFi regulation is essentially needed

Bitcoin Mining Is Shifting Towards Nuclear Energy

The mix of energy sources powering Bitcoin mining has shifted considerably in the past three years, moving away from coal and hydropower, and towards nuclear energy and natural gas, data from the Cambridge Centre for Alternative Finance (CCAF) shows. 

AC Milan Extends Its Presence In The NFT Space By Partnering MonkeyLeague

Today’s sports industry has taken a craze on non-fungible tokens or NFTs as multiple sports teams rush on this new phenomenon for fear of missing out. The Italian football giant, AC Milan has announced a new collaboration with Web3 e-sports platform MonkeyLeague. To maximize the potential of both parties, they formed a strategic partnership in the NFT space that will cover  NFT games, collectibles, and merchandise.

Apple To Facilitate NFT Sales But Wants To Charge 30% Commission

Non-fungible tokens or NFTs have been making waves and making their way into mainstream culture. One of the biggest tech companies in the world, Apple, will reportedly allow NFT sales on the Apple App Store. However, the company will be entitled to a 30% commission despite the fact that it won't play any role in the sale

Stablecoin Bill Unlikely To Push Through This Year

A draft stablecoin bill in the United States House of Representatives is in progress that focuses on regulating stablecoins that would impact its issuers and collateralization. However, it is unlikely that the United States House of Representatives could pass the bill to regulate stablecoins by year-end. 

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