Day: April 17, 2022

Apr 17
Making Bitcoin legal tender in Mexico will be ‘an uphill battle,’ says Ricardo Salinas

Billionaire and Bitcoin advocate, Ricardo Salinas, believes that the growth of Bitcoin is inevitable, but its future depends on how fast and cheap transactions … Source: Cointelegraph

Apr 17
DAO regulation in Australia: Issues and solutions, Part 3

Progressive DAO regulation means questioning accepted institutions: public registries, licensing and corporate rules. Are lawmakers ready? Source: Cointelegraph

Apr 17
Regulations set the table for more talent, capital and building in crypto industry

The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry.  The order will spur the government to examine […]

Apr 17
Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender. Source: Cointelegraph

Apr 17
Citigroup profit falls 46% but stock rises after it beats analyst targets

Citigroup Inc. C, +1.56% shares rose 1.4% on Thursday after the bank said its first-quarter profit fell 46% to $4.3 billion, or $2.02 per share from $7.9 billion, or $3.62 per diluted share in the year-ago quarter. Revenue fell to $19.2 billion from $19.7 billion, as higher net interest income was more than offset by […]

Apr 17
JD.com sends more than 100 autonomous vehicles to Shanghai to help during lockdown

JD.com Inc. JD, -2.95% is sending more than 100 autonomous vehicles to Shanghai to help the city, which is under a strict lockdown due to a COVID-19 outbreak, with customer order deliveries, mobile cabin hospitals, and more. About 50 indoor delivery robots are being sent to help with the effort as well. “With AI technology […]