Top economist Mohamed El-Erian says crypto is a canary in the coal mine for an era of ‘irresponsible risk taking’—and the fallout could lead to ‘financial accidents’ | Fortune

Mohamed El-Erian is worried that crypto’s risk-taking behavior is just an example of what became the norm over the past decade. And we’re only just beginning to deal with the fallout.
— Read on fortune.com/2022/12/09/top-economist-mohamed-el-erian-crypto-risk-taking-canary-coal-mine-financial-accidents/amp/

Crypto rules to make Europe a global leader as prices plunge

LONDON (AP) — Europe has moved to lead the world in regulating the freewheeling cryptocurrency industry at a time when prices have plunged, wiping out fortunes, fueling skepticism and sparking calls for tighter scrutiny. European Union negotiators hammered out the final details for a provisional agreement late Thursday on a sweeping package of crypto regulations for the bloc’s 27 nations, known as Markets in Crypto Assets, or MiCA. “In the Wild West of the crypto-world, MiCA will be a global sta
— Read on ca.finance.yahoo.com/news/european-union-inks-deal-crypto-094436213.html

Crypto Attracts More Money in 2021 Than All Previous Years Combined

(Bloomberg) — Need more proof that this is the year digital assets went mainstream? How about the fact that venture capital funds have poured about $30 billion into crypto, or more than in all previous years combined for the little more than decade-old technology. Most Read from BloombergSouth Africa Hospitalization Rate Plunges in Omicron WaveBiden to Issue ‘Stark Warning’ on Vaccination Amid Covid SurgeStocks, Futures Sink on Virus, Manchin Shock: Markets WrapEurope Braces for More Covid Lock
— Read on ca.finance.yahoo.com/news/crypto-attracts-more-money-2021-145328523.html

Cryptocurrency Is Threatening the Role of Central Banks. Why Governments Must Go Crypto. – MarketWatch

The rise of stablecoins as cryptocurrency is a bigger threat to established, government-backed currency than Bitcoin. Some of the biggest economies are…
— Read on www.marketwatch.com/articles/cryptocurrency-is-threatening-the-role-of-central-banks-why-governments-must-go-crypto-51619814196

Bitcoin (BTC): CEO of Turkish cryptocurrency exchange Thodex missing

A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that their funds have been stolen.
— Read on www.cnbc.com/2021/04/23/bitcoin-btc-ceo-of-turkish-cryptocurrency-exchange-thodex-missing.html

Cryptocurrencies dip on possible capital gains tax hike. What to watch

With reports of Biden’s plans to raise capital gains taxes shaving billions off the cryptocurrency market, market analysts evaluate the move’s impact.
— Read on www.cnbc.com/2021/04/23/cryptocurrencies-dip-on-possible-capital-gains-tax-hike-what-to-watch.html