⚡️ ALTUS.FINANCE ⚡️

2021-08-06 12:00:25 Open / Comment

2021-08-06 12:00:24 NEWS ZAP

Federal Reserve governor says private stablecoins are likely better than CBDCs


In a speech before the American Enterprise Institute on Aug. 5, Federal Reserve governor Christopher Waller expressed doubt about the touted benefits of a central bank digital currency (CBDC).

"I remain skeptical that a Federal Reserve CBDC would solve any major problem confronting the U.S. payment system," said Waller. He cited a fairly free market principle as his rationale: "In general, the government should compete with the private sector only to address market failures. This bedrock principle has stood America in good stead since its founding, and I don't think that CBDCs are the case for making an exception."

Stablecoins have, however, proven controversial. "There are many legal, regulatory, and policy issues that need to be resolved before stablecoins can safely proliferate," said Waller, citing a pending report on the subject from the President's Working Group. Open / Comment

2021-08-06 00:00:00 NEWS ZAP

Google Relaxes Restrictions on Some Cryptocurrency Ads After Three-Year Ban


Google is lifting a three-year ban on certain advertisements that promote cryptocurrencies, such as Bitcoin (BTC), and crypto-related products and services. In June of 2018, the tech giant restricted advertisements for initial coin offerings (ICOs), digital asset exchanges, crypto exchange wallets and other crypto-related content.

“All prior Cryptocurrency Exchange certifications will be revoked on August 3, 2021. Advertisers must request new Cryptocurrency Exchanges and Wallets certification with Google when the application form is published on July 8, 2021.”

Google also bars advertisements that promote the purchase, sale, or trade of cryptocurrencies and related products, including cryptocurrency loans, initial decentralized exchange (DEX) offerings, token liquidity pools, celebrity cryptocurrency endorsements, unhosted wallets and unregulated decentralized applications (DApps). According to Google, l Open / Comment

2021-08-05 22:33:55 NEWS ZAP

French Fund Manager To Launch First EU-regulated Bitcoin Equities ETF


Paris-based Melanion Capital, a derivatives and computer-driven fund manager, has reportedly received regulatory approval to launch an exchange-traded fund (ETF) that tracks Bitcoin-related stocks for investors across the European Union (EU). However, the fund will not be a bitcoin ETF since it won't invest in or hold BTC directly.

According to the Financial Times, Melanion's ETF proposal received approval from French regulators who ruled that it meets key EU standards, known as Ucits, meaning it will be available in all of the union's 27 member states.

The Melanion BTC Equities Universe Ucits ETF will be equity-based rather than bitcoin-based. It will reportedly track a basket of up to 30 stocks, including mining firms Argo, Riot, HIVE, and investment firm Galaxy Digital and broker Voyager Digital. Melanion said the stocks making up the fund would have an alleged high correlation to the bitcoin market price. Open / Comment

2021-08-05 22:30:12 HUGE NEWS! Open / Comment

2021-08-05 22:30:07 NEWS ZAP

Coinbase Expands Apple Pay Support for Buying Crypto


Coinbase has announced Apple Pay support for iOS and Safari users with a Visa or Mastercard debit card.

The exchange will cooperate with U.S. payments company The Clearing House to offer instant withdrawals of up to $100,000 to American customers.

The move should help Coinbase target retail investors. Open / Comment

2021-08-05 22:08:15 Binance Futures
#BTC/USDT All take-profit targets achieved
Profit: 305.3435%
Period: 2 Hours 57 Minutes Open / Comment

2021-08-05 21:51:01 Binance Futures
#BTC/USDT Take-Profit target 2
Profit: 241.7303%
Period: 1 Hours 44 Minutes Open / Comment

2021-08-05 21:51:01 Binance Futures
#BTC/USDT Take-Profit target 1
Profit: 178.117%
Period: 1 Hours 4 Minutes Open / Comment

2021-08-05 21:51:01 Our 100X signals channel has been performing insanely. We will be sharing the complete results from this channel at the end of this month! Open / Comment