As the price of Bitcoin sets new records every day, the fervor among investors in Korea is fueling a notable overheating of the market. Concerns are rising as the soaring demand is pushing up the “kimchi premium,” a phenomenon where cryptocurrency in Korea trades above the global rate.
The US Securities and Exchange Commission has approved the first spot bitcoin exchange traded funds in a watershed moment that cryptocurrency enthusiasts are betting will draw new retail and institutional investors into the market.
The UN trade and development body, UNCTAD, has called for action to curb cryptocurrencies in developing nations, in three policy briefs published on Wednesday.
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OOTBALL NOW is a new show that brings to light some of the biggest issues, challenges, and debates within the global game. Football’s relationship with technology hasn’t been the best historically. Just a few years ago, David de Gea’s transfer to Real Madrid fell through because the fax machine was too slow. But now, there has been a breakthrough as cryptocurrency finds its way into the sports world.
Lawyers representing users of the collapsed Quadriga CX cryptocurrency exchange platform are requesting that Canadian authorities exhume and examine the body of its late founder, Gerald Cotten, to check if the person buried there is really him.
