Blockchain technology, and specifically decentralized finance (DeFi) built on top of it, is rapidly revolutionizing the financial industry. Funds lost in smart contract exploits in 2020: $215M Funds l...
Tag: Discourage
Solana: This Minor Hiccup Didn’t Discourage Investors From Acquiring SOL
On the day following the implementation by the US Federal Reserve of the 50-basis point hike, Solana (SOL) saw accumulation rather than a sell-off, despite the altcoin’s 4% decline. Prices for Bitcoin...
MAS Chief Minister Asks Firms to Discourage Retail Crypto Trading
The Monetary Authority of Singapore has encouraged financial companies to discourage cryptocurrency trading. Responding to a question in parliament on Aug. 1, 2022, concerning licensing of digital pay...
Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading
Despite the cryptocurrency sector growing exponentially, financial authorities and regulators in some countries remain skeptical of assets such as Bitcoin (BTC), including in Singapore, where the city...
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 59...
IMF Strongarms Argentina to Discourage Cryptocurrency Use
The IMF has leveraged a $45 billion debt restructuring deal to demand the Argentinian government ‘discourage the use of cryptocurrencies’. The demand has outraged bitcoin holders in Argentina, who use...
Argentina’s government would ‘discourage’ crypto usage under proposed IMF deal
Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a proposed, nearly $45 billion debt restructuring deal with the International Monetary Fund (IMF), leaving...
Thai lawmaker says taxing crypto trades might discourage investors
Thai ruling party MP Watanya Wongopasi has warned that crypto investors might shy away from injecting funds into the sector if the Excise department starts taxing trades. She said this in a Facebook p...