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Category: STO News
French Ministry of Finance Targets Strict KYC Rules For Crypto Transactions; No More Anonymity
France is strengthening its fight against anonymity in crypto transactions, Bruno Le Maire, French Minister of Finance and Economics. In a full statement sent to the Council of Ministers by Bruno Le Maire, Oliver Dussopt and Sebastien Lecornu propose stringent Know-Your-Customer (KYC) laws to govern crypto transactions. The report further calls for tough measures against […]
How will a Second Stimulus Package Impact Gold?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. If you view gold only as a useful metal applied to high-end electronics, or even jewellery, its value would be drastically lower. However, if you view gold as a safeguard against economic uncertainty, all […]
Grayscale Amasses 552.5k Bitcoin and Almost 3 Million ETH with Latest Big Accumulations
Grayscale Investments continue to gobble up more and more Bitcoin, and now it has its eyes set on Ether as well. All this buying has Grayscale Bitcoin Trust amassing 552.5k BTC so far, worth more than $10 billion. GBTC currently has almost 3% of Bitcoin’s circulating supply. As per the company’s Dec. 3rd filing with […]
ETH 2.0 Effect: Ethereum Staked Value & Miner Revenue Continue to Uptrend
Ethereum 2.0 deposit contract continues to amass more and more ETH. The trend particularly gained momentum after ETH 2.0 finally went live on Dec. 1st. More than 81,500 ETH were deposited to the contract on Tuesday, bringing the total staked value to about 1.35 million ETH. This represents 253.75% of phase 0, “the Beacon Chain” […]
What is Diem? (Formerly FaceBook’s Libra Project) – A Detailed Analysis
One of the most controversial cryptocurrency projects ever, Libra, is now back as a less-threatening version – Diem. Last year, the entire crypto market felt ripples of excitement when the American social media giant, Facebook, Inc announced plans to enter the industry. At that time, the platform sought to make a bold entrance with its […]
XLM pumps 21% as Euro stablecoin launches on Stellar Network
XLM/USD has rebounded from lows of $0.139 and could break above $0.20 if bulls sustain the upward momentum Stellar (XLM) has pumped 21% in the past 24 hours as bulls target $0.20. The positive price action for XLM comes a day after a major European bank announced the issuance of a Euro stablecoin on the […]
Pinterest vs. Twitter: Which Social Media Stock is a Better Buy?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This article was originally published on December 9, 2020, on stocknews.com. It has been reposted here, with permission. Twitter, Inc. and Pinterest, Inc. are two of the world’s leading social media platforms. With stay at […]
eToro Just Received a $2.5 Billion Valuation
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The popular social trading platform, attached to the face of American actor and activist Alec Baldwin, has surpassed a valuation milestone of $2.5 billion. This is still far from Robinhood’s upcoming IPO valuation of […]
Second Stimulus Relief Package: Where Would the $900 Billion Go?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. After Congress recently passed a $740 billion military spending bill, the window for a desperately-needed second stimulus relief package closes within a few days. Though nothing has been approved at the time of publishing, […]
