Implementing a basic income means overcoming myths about the ‘undeserving poor’
Focusing on supposed individual failings belies the structural and systemic problems that perpetuate poverty. (Shutterstock) Newfoundland and Labrador recently announced plans to introduce a basic income for people aged 60-64 receiving social assistance. It is slated to roll out in…
South Africa’s Financial Regulator To Discuss 36 Crypto Licenses On Dec. 12
South Africa’s crypto space is expected to transform for the better since there will be a lesser number of unbacked crypto assets in the upcoming year through licensing crypto companies. What Happened: The Financial Sector Conduct Authority (FSCA) in South…
US CEO Franklin Templeton reveals his holdings in Bitcoin and altcoins
What stocks does the CEO hold? Jenny Johnson, CEO of Franklin Templeton, a major US asset management company with $1.3 trillion under management, revealed in an interview with Fortune magazine that she owns the virtual currency Bitcoin (BTC) and some…
Bitcoin ETF, impact on price volatility | CoinDesk JAPAN
Bitcoin ETFs could reduce the influence of whales (large holders) in the market and reduce Bitcoin’s volatility, analysts said. In traditional markets, spot ETFs tend to increase the liquidity of their underlying assets. One market source said that if a…
Coinbase to offer futures such as virtual currency Polygon
Increase in stocks following last week Over the weekend, major US cryptocurrency exchange Coinbase announced plans to offer new perpetual futures trading for Polygon (MATIC) and Bitcoin Cash (BCH). @CoinbaseIntExch will add support for Polygon and Bitcoin Cash perpetual future…
British MPs call for a lower limit on digital pound holdings – ask that the possibility of interest not be blocked | CoinDesk JAPAN
MPs on the UK House of Commons Finance Committee have raised concerns about the government’s digital pound plans. In particular, it calls for the limit on the amount individuals can hold to be lower than planned and for the creation…
North Korean hacker group Lazarus Group steals $3 billion in crypto assets over the past six years | CoinDesk JAPAN
According to a report released by cybersecurity firm Recorded Future on November 29, the Lazarus Group, a hacker group linked to North Korea, has racked up $3 billion (approximately 435 billion yen) over the past six years. The suspect stole…
Peter Schiff Unimpressed By Bitcoin’s $40K Move, Says Gold Has ‘Completely Broken Out’
Gold reaching record highs is more significant than Bitcoin’s (CRYPTO: BTC) performance, says Peter Schiff, emphasizing the precious metal’s recent rally and contrasting it with the cryptocurrency’s challenges. What Happened: Renowned economist and cryptocurrency critic Peter Schiff pointed out on…
Bitcoin reaches the $40,000 level for the first time in a year and a half, and “virtual currency-related stocks†are being looked for in the Japanese and US stock markets
Macroeconomics and financial markets On the US New York stock market on the 1st of last weekend, the Dow Jones Industrial Average rose $294.6 (0.82%) from the previous day, setting a new year-to-date high. The Nasdaq index closed 78.8 points…
Bitcoin surpasses $40,000 for the first time in 18 months | CoinDesk JAPAN
Bitcoin (BTC) exceeded $40,000 for the first time in 18 months on December 3 (US Eastern Time), and Ethereum (ETH) exceeded $2,200 as the overall market rose modestly. According to data from CoinGecko, Bitcoin has been hovering around $40,000 for…