Energy-backed currencies as the key to climbing the Kardashev scale
Aligning financial incentives with energy production may be the key to future prosperity and abundance.
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Real-world assets do not need institutions yet, Plume CEO says
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph

Estonia squeezes out 400 crypto firms after new laws
Almost 400 Virtual Asset Service Providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and anti-money laundering laws (AML) that came into effect in March.The amended laws expanded the defined scope of VASPs, required firms to have legitimate links to Estonia, increased licensing fees,…

Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs.

‘Run Green Finance on Blockchain,’ Encourages Chief FinTech Officer of Singapore’s Monetary Authority
Sopnendu Mohanty, Chief FinTech Officer at the Monetary Authority of Singapore, spoke at BlockShow Asia 2019 about the importance of blockchain for the economy, highlighting its indispensability for the development of green finance.Mohanty defined green finance as follows: “How to monitor, how to measure, and how to mobilize finance for green assets.” He said blockchain…

Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
Coinbase says the SEC’s definition of an investment contract isn’t in line with U.S. securities laws. 441 Total views 4 Total shares The United States Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has argued in its final bid to dismiss a lawsuit by the securities regulator.In

Vinnik trial for extortion and Bitcoin money laundering begins in Paris
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court. The trial of the alleged launderer of $4 billion worth of Bitcoin (BTC), Alexander Vinnik, got underway in Paris on Oct 19.However, despite reported links to the 300,000 BTC hack of Mt. Gox…

Roxe hires ex-IMF economist to lead Bitcoin-backed CBDC project
Central bank digital currencies are the next frontier for blockchain. Roxe wants to make BTC hashrate the anchor for future CBDCs. 168 Total views 2 Total shares Global payment network Roxe has recruited a seasoned economist from the International Monetary Fund, or IMF, to help lead its central bank digital currency project backed by Bitcoin’s…

Apple finalizing deal with OpenAI for ChatGPT iPhone integration: Report
If both parties seal the deal, ChatGPT is expected to make its way into Apple's next operating software update, iOS 18.