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China’s President Xi Jinping is a force to be reckoned with. As leader of the Communist colossus, he commands the world’s attention, but who is China’s strongman and what is his agenda?
Born into the privileged life of a princeling, banished to poverty in the countryside during a political purge, his early life formed and framed his views on power and control.
His rise up the political ladder was propelled by party connections and an advantageous celebrity marriage. As he rose through the party ranks, he carefully crafted his image.
Today it’s a full-blown cult of personality featuring compulsory lessons in “Xi Jinping Thought”.
China specialists say that the country has already fundamentally re-written the international rule book. The question is, how will the rest of the world respond?
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Francisco Gimeno - BC Analyst Chilly and eye opening #60MinutesAustralia program. We are half hypnotised with China's technological development and economy, and it's race to be the main superpower. But we shouldn't forget that China is, at the end, an authoritarian regime able of totalitarian conducts too. Nothing is important for them but the State, because they believe the State is the only which can "protect" the society.
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Welcome to The Daily Forkast, September 28th, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Coming Up
00:37 Alibaba bans sale of crypto mining equipment.
02:05 Mining rigs seized in Inner Mongolia.
03:46 Korea’s NH Nonghyup bank jumps into digital custody.
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First up, the impact of Friday's crypto ban announcement by the Chinese government continues to spread, with the focus firmly on the crypto mining sector now. That's right, tech giant Alibaba has announced it will ban sales of crypto mining machines. Meanwhile, despite a clampdown on crypto mining in Inner Mongolia that began in May authorities have just seized around 10,000 mining rigs from a government-operated tech park. Now that raises questions over how effective the government's mining clampdown stance has been and how China's crypto activities ban might be the latest weapon in that fight.
Chinese tech giant Alibaba has announced it will ban the sale of cryptocurrency mining equipment from October 8. The prohibition will apply to both mining hardware and software. In addition, it will also apply to tutorials and strategies on how to obtain virtual currencies. This is on top of the ban it has on the sale of virtual currencies. And mining pool, SparkPool, which was ranked second in terms of Ethereum mining hashrate Tuesday afternoon Asia time, according to data from BTC.com, confirmed via a statement on its website, that services to new users from Mainland China have been suspended. It goes on to say that all services and operations from existing users, both in China and abroad, will be shut down from Thursday evening, Asia time. Meanwhile, the clampdown on crypto mining may not have been as effective as the government hoped. The region of Inner Mongolia, which is heavily reliant on coal-powered electricity generation, implemented a ban on crypto mining in May, in an attempt to meet national government carbon reduction goals.
But according to local media reports, authorities recently discovered and seized 10,100 crypto mining rigs that were being used in an illicit mining operation at the government-operated SME Pioneer Park. The seizure comes amid an ongoing power shortage, which has been blamed on a shortage of coal supplies and toughening emissions standards. It has seen power being rationed in parts of north-eastern China. One expert told Forkast.News that with discussion on carbon neutrality, trending on social media in China, implementation of prior policy may not have been working as well as had been hoped. With so many big players making moves to exit the industry, it seems policy may now be tough enough.
Meanwhile, Korea's NH Nong Hyup Bank is jumping on the crypto custody bandwagon, making it the third major bank in South Korea to enter the crypto custody business after KB Kookmin and Shinhan Bank. Nonghyup is doing just that with a strategic investment in Cardo. The joint venture aims to provide a comprehensive service for cryptocurrencies and also create tokens for other assets like real estate, art, maybe even a warehouse full of your favorite soju. The joint venture started out under the name of Hexlant custody last July, following a memorandum of understanding between NH Nonghyup Bank, blockchain developer Hexlant and law firm BKL.
Since changing its name to Cardo this year, the crypto custody service has submitted its business report to be registered under the Financial Intelligence Unit. Now, NH NongHyup says it has made a strategic equity investment in Cardo.
Nonghyup's investment in Cardo follows KB Kookmin betting on Koda and Shinhan on KDAC. Cardano currently stores and manages Bitcoin, Ethereum and Klaytn, but has bigger plans. They include expanding its horizons into custody of a variety of assets that can be tokenized, such as real estate, or works of art, as well as developing a digital asset payment business, involving NFTs and stop token offerings. Broadening its client base is also one of Cardo's projects. Aiming to attract millennial and Generation Z investors by incorporating elements of gaming and entertainment to its financial services. Last month, Nonghyup renewed its partnership with crypto exchanges Bithumb and Coinone, and now Cardo. It seems Nonghyup bank is going all out for crypto, while many others remain wary. We will see a fortune really does favor the bold.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #Nonghyup #KBKookmin #Korea #CryptoExchange #China #BitcoinMining #CryptoMining #CryptoBan #Alibaba
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Francisco Gimeno - BC Analyst China's clampdown on crypto continues beyond forbidding crypto trade. Now even purchasing of mining rigs from China is over too. Anything which is not approved by the State is forbidden. Is because they want to control the economy or capital flight? Or because they want their own State crypto? We can't but guess. Meanwhile Korean banks see the disruption of tradicional finance and offer one by one crypto custody services. As usual Forkast telling us what happens in Asia.
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Welcome to The Daily Forkast, September 29th, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Coming Up
00:41 China's crypto crackdown raises legal concerns.
02:54 Korea discusses new virtual asset law.
04:44 Crypto gets a new superstar - Mr. Goxx the hamster.
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First up, the question China's crypto ban has raised for many involved in the business is, "are they going to come after me?" While we've seen some companies in China react by shutting down their services altogether, concerns remain over just how broad the scope of legal investigations could be. Should Chinese nationals in the country be worried? How about those working overseas? And what are the implications for Hong Kong's role as a global financial hub? Could a similar ban be introduced? The full legal ramifications of China's crypto ban remain unclear, with many worried about just how far investigations could reach. One expert told Forkast.News that while organizations and their employees, which facilitate cryptocurrency trading within the country, and even individual traders, could face penalties, Chinese nationals working overseas may not need to worry so much. However, Haswell says there are concerns the ban could overspill into other jurisdictions and that those within Hong Kong may be wondering whether it's the best place to be. But Urszula McCormack of King & Wood Mallesons says it remains important to distinguish between Mainland China and Hong Kong. Both say they see interesting and sophisticated approaches to development of crypto regulation happening elsewhere in Asia that might tempt those planning to relocate from China. Meanwhile, David Lesperance of Lesperance and Associates told Forkast.News the ban is designed as a way of exerting control and that eliminating any competition to the digital yuan is the goal.
Meanwhile, over in Korea, the National Assembly has approved a ban on exchange employees trading crypto on their own platform. The ban, which aims to prevent any risk of price manipulation, is included in the revised crypto regulations that are part of an existing financial law. And, hot on the heels of the recent crypto exchange regulations that essentially redefined the industry - who can do business, who can't - the ruling Democratic Party of Korea says it will start examining an independent law for crypto, namely the Virtual Asset Business Rights Act. The Financial Services Commission revealed that the revised regulations were approved at a national policy meeting on Tuesday. They include a ban on crypto exchanges trading tokens developed by the operator or an affiliate, and stopping exchange employees from trading crypto on their own platforms. The FSC says this is necessary for investor protection and better transparency, adding that there was already a case last year where an operator manipulated the price of its virtual assets for profit. Exchanges are to set those limits within a month or else they may be fined up to 100 million won, or around US$84,0000. Meanwhile, an independent virtual asset business rights law is under discussion. Park Wan-joo, chair of the ruling party's policymaking committee, said the committee has started discussions, but lawmaking is not guaranteed and it will be decided only after the two parties reach an agreement. The new law will focus on defining profit from virtual assets either as financial income or other miscellaneous income, which will be the determining factor in taxing crypto investors.
Got to tell you about a new crypto trading superstar, and he's not your average trader. He's cute, he's furry. Mr. Goxx is, in fact, a hamster. His anonymous owners broadcast his trading activities via the streaming platform Twitch, with orders placed by him choosing to head through either the "buy" or "sell" tunnel. And why is he so popular? Well, like all the best oracle animals, he's been quite successful with his predictions. According to data from media outlet Protos, he's actually outperformed stock markets and even the Oracle of Omaha himself, Warren Buffett's Berkshire Hathaway. This little guy's portfolio update on September 28th showed a 16.6% gain over his career so far. Paul the octopus, you might remember him, proved similarly popular on social media, with his soccer match predictions correctly identifying 12 out of 14 winners during the 2008 Euro finals and the 2010 World Cup. Of course, it will come as no surprise to find that Mr.Goxx is keeping on trend with the crypto world, launching NFTs now to capitalize on his good fortunes.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #Korea #China #CrytoExchange #Twitch #MrGoxx #Hamster #VirtualAssets #HongKong #CryptoBan
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China’s feud with cryptocurrencies entered a dramatic new chapter late last week after its central bank — the People’s Bank of China — in tandem with other regulatory bodies put out a notice banning cryptocurrency-related transactions in the country.
Even for an industry veteran like Sam Bankman-Fried, CEO of crypto exchange giant FTX, the long-term impact of China’s latest crypto clampdown is still unclear. But for those looking for hints to what all this could mean, Bankman-Fried says the RMB-to-crypto market might be a good place to start.
“There’s been a ban of centralized exchanges, but there was basically an allowance of peer-to-peer RMB-to-cryptocurrency in some specific instances,” Bankman-Fried told Forkast.News in a video interview. “That is a thing that I would be looking at as a canary in the coal mine here, and it’s probably the most likely thing to get cracked down on.”
Watch Bankman-Fried’s full interview with Forkast.News Editor-in-Chief Angie Lau to learn more about the PBOC’s impact on the global crypto market, the industry response, how FTX measures other jurisdictions for business opportunities, and more.
01:44 Reaction to China’s crypto ban
03:57 Observations on market movements following Evergrande and China’s crypto ban
06:35 Is the market being too bullish on DeFi?
10:27 China’s crackdown triggers
12:47 FTX cruising to the Bahamas
16:31 Gold standards of crypto regulations
22:13 Concerns about regulatory law
24:11 FTX Chinese staff reactions to the crackdown
26:48 Long-term takeaways from the PBOC announcement
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HIGHLIGHTS
Is the market being too bullish on DeFi?
“Probably, the market's being a little bit overconfident in that belief. Because first of all, you can imagine that there might be throttling on websites associated with decentralized exchanges in China. You could imagine actually similar sorts of clampdowns placed on those as you see on some centralized exchanges. But nonetheless, there is certainly some justification for it, and it is very strongly what the market is implying.”
FTX cruising to the Bahamas
“That was not a decision that was just sort of made on the fly. There's been movement there for a while. One piece of this, probably the most exciting piece of this, has been the forward-looking stance taken by the Bahamian regulators, establishing one of the world's first comprehensive regulatory regimes for cryptocurrency, which includes both spot and derivatives marketplaces… And another piece of this, which is actually quite important, frankly, it's quarantine. It's important for me to be in a place where I can get in and out without weeks spent in hotels for meetings and conferences.”
China’s crackdown triggers
“When you look at what the stance that the central government has taken on Ant Financial, Didi and on a lot of other large tech players, I think you didn't see a parallel there to where there are threats of clamping down, they’re threats of cutting off access to new users or maybe even existing users. On one side, you have the direct capital flight concern. But on another side, you've also seen just concern about the growing influence of parallel economic systems in China and of technology platforms that might be getting larger than the government feels comfortable with.”
Gold standards of crypto regulations
“One of the biggest things [for] us, like in every other sector, the majority of volume trades in derivatives in crypto… That's what we see as the gold standard of a regulatory regime for crypto these days, is having a regime for crypto futures. If you don't have that, you don't have a regime for more than two-thirds of the volume in the world. That makes it tough for there to be a real industry migration to a place. If you look at, for instance, the top exchanges in the world, you go down them, how many of them are only spot? Very few of them, actually.”
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #FTX #SamBankmanFried #CryptoBan #China #RMB #PBOC #CryptoExchange #Derivatives-
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In this video we will show you how to get into the Presales of New Upcoming NFT projects!
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0:00 - 0:31 Intro
0:32 - 2:24 Reasons why NFT projects are doing Presales
2:25 - 5:14 How to get into a Presale
5:15 - 6:03 Most Popular way to get into a Presale
6:04 - 7:11 How to Find Presales early & Conclusion
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Francisco Gimeno - BC Analyst NFT's pre-sales in Discord (mainly) are either a waste of time (so much time wasted and so many weird people around!) but it helps people to deal with better gas prices, plus to get some rewards. But, how easy is this, and how to know if the NFT pre-sale is worthy or what. There are multitude of ways to make a presale, but Discord and Twitter are on the top. What is your experience? Listen to NFT Verse and let us know what you think.
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Chairman of the Joint Chiefs of Staff Mark Milley took time to address the calls he had with Chinese official near the end of the Trump presidency with efforts to assure they would not be attacked and assured that "my task at that time was to de-escalate."
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Francisco Gimeno - BC Analyst Politics in USA these last years have been of conflict, mistrust, and division. Once high ranking military officers break the lines dividing what they can do or not, entering into the political fight, create more division when we enter into a new geopolitical horizon. USA needs to heal and change. The 4th IR could help in this area, giving the opportunities to create a more democratic society.
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Michael burry is as infamous as an investor can get. You’ve no doubt heard the story about how he made billions off of the financial crisis of 2008, how he timed the housing market crash and basically built his own derivative in order to profit off of it. Despite having a fantastic film starring Margot Robbie based on his investing, he’s also been busy recently for other reasons. Despite what most people here on YouTube will tell you, Burry is not a one hit wonder. He timed the dot com bubble to a tee and made himself millions off of that. Then, he went on to beat the S&P 500 every year his hedge fund was active until 2009 when he hit bigger than ever before, made himself billions of dollars and decided to take some time away from managing a fund.
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Francisco Gimeno - BC Analyst When Burry speaks about what he deeply understands, we listen. He is not mincing the words this time neither. According to him, the Index is in a bubble which is going to explode and crash, sooner than later. Anyway, we all have to understand that we live in uncertainties, and we don't really know what is really going to happen. So, let's be aware, prepare and get ready for anything that may happen.
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Francisco Gimeno - BC Analyst Excellent and educational as usual from Coin Bureau. Giving away some possible factors which may help us to make the best decision to find crypto coins for your portfolio before it pumps! We think this information and any other which aims to help is extremely useful for those struggling to understand the market. Remember, do you own homework anyway, don't blame others for you winning or losses.
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"First Mover" host Christine Lee and co-host Emily Parker talk to crypto OG Bobby Lee, Ballet Founder & CEO, and author of "The Promise of Bitcoin" as prominent crypto exchange Huobi Global says it'll drop accounts held by Chinese mainland users by end of the year. Co-Founder & President of trading firm GSR Rich Rosenblum shares his take on bitcoin's next price movement. Plus, David Pakman, Managing Partner at CoinFund shares his top investments in the space right now.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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Francisco Gimeno - BC Analyst After all the Chinese crypto bans, is this a different one? Probably not. Exchanges had been banned there before too. Big platforms will close and go from the country, with capital controls and regulations on crypto assets being considered like foreign assets. Even if a Chinese citizen is allowed to own crypto, has to deal with new rules. The government wishes to control the financial market. We will see how bans on crypto really work on the next future.
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Revolut, a fintech company with a $33 billion valuation that offers cryptocurrency buying as part of its services, is looking to launch its own cryptographic token, with the timing subject to approval from U.K. regulators. "The Hash" squad discusses the industry implications for the latest potential exchange token jumping into the land of fintech. "Fintech interest in the world of crypto is certainly here," host Zack Seward said.-
Francisco Gimeno - BC Analyst Great news from Revolut. One detail which makes it even better, is that it's subject to approval from U.K. regulators, giving its holders more assurances on the seriousness of the token. Tokenisation is already a fact and entering in the FinTech.
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Evergrande is quickly becoming the biggest financial worry in a country with no shortage of them. Fears of a default by the real estate developer, with $300 billion in liabilities and links to myriad banks, have roiled global markets as investors assess the potential impact on the financial system and the broader economy. Yvonne Man and David Ingles take a deeper dive into the latest developments and explores what what lies ahead.-
Francisco Gimeno - BC Analyst There are already some special programs in different media houses about the evergrande Effect on the Chinese and global economy! What is going to happen and what are going to be the local and global effects on the economy and finance. We are waiting yet to see if the annual Autumn FUD economic mood translates into a real problem or this will be controlled by the Chinese. And if they will tackle the systematic failures issues in their financial system.
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China's Evergrande is missing its debt payments. At least 70,000 retail investors have suffered losses. Molly Gambhir tells you how the crisis at Evergrande has popped China's real estate bubble.
#Gravitas #China #EvergrandeCrisis
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CNBC's "Squawk Box" team discusses crypto and China's crackdown with Kavita Gupta of FinTech.TV and Delta Blockchain Fund. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
The cryptocurrency market took a hit on Friday after the People’s Bank of China confirmed its continued crackdown in the space.
According to a Q&A on its website, the PBOC said that all crypto-related activities are illegal in China, including services like offering trading of digital assets, order matching, token issuance and derivatives. In addition, overseas crypto exchanges providing services in mainland China are also illegal, the PBOC said.
But it’s nothing new from China.
“This has to be the 20th time that China has banned bitcoin,” Meltem Demirors, chief strategy officer at CoinShares, tells CNBC Make It. “There’s always something ‘different’ about the bans, but this happens all the time and it’s never really dramatic in the larger scheme of things.”
And it would be quite difficult for any government to effectively ban bitcoin due to its design, James Ledbetter, editor of fintech newsletter FIN and a CNBC contributor, previously told CNBC Make It.
“I don’t think even a concerted effort among different countries and different central banks could actually shut down bitcoin,” Ledbetter said. “I don’t think that’s technologically possible. But there are ways that bitcoin could be regulated.”
So though each similar announcement from China causes an initial drop in the market, U.S. investors shouldn’t worry much – in fact, they should worry more about the potential fallout from U.S. regulation of cryptocurrency, experts in the space say.
Here’s what you need to know, according to crypto experts.
China’s crypto crackdown isn’t new
China has targeted bitcoin since 2013, forbidding financial institutions from handling bitcoin transactions, and over the years, has renewed its crackdown of the crypto market.
“It should surprise no one that China doesn’t like bitcoin. It is the pure antithesis of their regime of top-down centralized currency control,” Chris Bendiksen, head of research at CoinShares, says.
Just earlier this year, China announced more measures to shutdown crypto mining rigs, which process and verify crypto transactions, and reiterated its ban on Chinese financial institutions providing crypto-related services. It doubled down on forcing miners out, and the PBOC said it plans to step up monitoring of crypto-related transactions.
Now, in its latest ban on all cryptocurrency-related activities, China remains committed to its stance.
This time, the Chinese government is likely motivated by the development of its digital yuan and central bank digital currency, Demirors says.
China is also looking to fulfill its climate targets, aiming to become carbon neutral by 2060, and mining cryptocurrency like bitcoin is extremely energy-intensive, using a lot of computer power.
In turn, some crypto holders in China and Hong Kong are now scrambling to find a way to safeguard their assets, as CNBC reported.
Still, investors in the U.S. won’t be impacted much, if at all, experts say.
“You can only ban something once. Every ban after is an admission that you actually couldn’t ban it at all,” Demirors says.
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Urszula McCormack, Partner at King & Wood Mallesons, discusses the latest developments on China's cryptocurrency crackdown. She speaks with Rishaad Salamat and Haslinda Amin on "Bloomberg Markets: Asia".-
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In part 2 of the AMS Crypto Investing special Elizabeth Rossiello, AZA Finance Founder & CEO and Adam White, Bakkt President join Yahoo Finance’s Zack Guzman to discuss Investing in digital currency and blockchain technology.
#blockchain #digitalcurrency #Crypto #technology
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In part 1 of the AMS Crypto Investing special Elizabeth Rossiello, AZA Finance Founder & CEO, Adam White, Bakkt President join Yahoo Finance’s Zack Guzman to discuss Investing in digital currency and blockchain technology.
#Crypto #blockchain #technology
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
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About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
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Investor Anthony Pompliano joins Yahoo Finance to discuss the latest in Bitcoin regulation.
#China #cryptoban #Bitcoin #cryptocurrency
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV-
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Welcome to The Daily Forkast, Sept 27th, 2021, presented by Angie Lau. For the latest in blockchain & crypto news. On today's show:
00:00 Coming Up
00:30 Chinese Industry takes China's crypto ban seriously
04:46 Global markets unfazed by China ban
06:44 Exchanges look for regulatory havens
09:07 Interview with Sam Bankman-Fried
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What we’re seeing the fallout already, one of the first things to check out is how crypto exchanges are reacting, and that’s what you’re looking for to see how participants view the possibility of enforcement. Huobi has stopped registering new customers in mainland China and says it plans to retire all mainland China user accounts by the end of this year. Industry leaders in China say China is very serious this time, especially when this notice is issued by not just the central bank, but a united front from all legal public security and banking authorities. Crypto exchange Gate.Io says it will pause onboarding new Chinese users, but existing users won’t be affected at this point. They account for 25% to 30% of its users. Both Binance and OKEX told Forkast.News that they have been blocked in mainland China since 2017. Meanwhile, industry leaders say they are supporting a ban, especially since it was issued by so many authorities. Zhou Yu of UnionPay, says the move suggests a stricter than ever regulatory stance on cryptocurrency.
Several experts told Forkast.News the notice implies that trading between individuals is not banned, so the impact for them might be minimal. But one investor who requested anonymity said some casual investors might just give up, however, hardcore traders may find other ways to continue operating, possibly by using less regulated decentralized exchanges. Over onto the markets now, although we did see a dip, it proved relatively small compared to other recent headline grabbing events. While US$130 billion was wiped off the total global cryptocurrency market cap between September 24 and 26 that pales in significance compared to the US$932 billion wiped out in May’s crash. And as trading got underway Monday morning Asia time, markets were bouncing back. The more nuanced story here in the right question to ask is where is the money flowing to? Some big movements in crypto flow.
Bitcoin dropped to just under US$41,000 Friday, but has since rebounded 7%, trading above US$44,000 Monday morning Asia time. One expert told Forkast.News that such stories are no longer spooking investors as they used to. D’Anethan says growing global crypto enthusiasm could well balance out a lack of transactions from China. By the way, more of our interview with Sam Bankman-Fried, CEO of the second-largest crypto derivatives exchange in the world, FTX, a little later. But for the bigger picture and the bigger context here, China’s clampdown on crypto started much earlier than Friday. You’ll remember after the crackdown on mining, it triggered mass relocation of mining operations out of China earlier this year. Well, now exchanges are looking for more transparent regulatory havens. Singapore, which has a licensing framework for crypto under its Payment Services Act, has seen several Chinese cryptocurrency exchanges, including Binance, Bybit, Huobi, OKCoin, all set up shop in the city-state. And just last week, the United Arab Emirates Securities and Commodities Authority signed an agreement with the Dubai World Trade Centre Authority supporting crypto trading and related financial activities in its free zone.
Now, over in India, the industry is seeing rapid growth despite concerns over the slow progress of crypto regulation. Huge numbers are actually getting involved in crypto investment.
India’s crypto industry is on a roll. There are currently 230 startups in the country that have registered a revenue growth of 40% to 50% in the last two years. That’s four times the pace of the wider technology sector, and funding for those startups has increased eight times, with Silicon Valley investment titans including Mark Cuban and Tim Draper getting on board. Retail ownership of crypto assets soared 612% between 2019 and 2020. And the number of Indian adults investing in crypto has more than doubled in the past year, increasing from seven million in 2020 to 15 million in 2021. That’s 1.8% of the adult population. That’s meant foreign exchanges have been keen to get in on the action with moves into India. Binance acquired WazirX in 2019, and CrossTower entered the country earlier this month.
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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi #SamBankmanFried #FTX #Chinaban #cryptocrackdown #cryptoexchange #China #Chinacrackdown #India #Hobi
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RECOMMENDED PLAYLISTS:
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The Daily Forkast: https://youtube.com/playlist?list=PLE...-
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Our NEW Channel - Crypto Banter Micro-Dose is LIVE
Link: https://www.youtube.com/channel/UCyba...
SUBSCRIBE TODAY AND YOU COULD WIN $100 IN FREE TOKENS!!!!
A massive move is incoming for Bitcoin and Altcoins. While bulls battle the bears, this is the most important data we need to watch for the best buying opportunities. Do not miss these amazing Altcoin opportunities!!
Guest channels:
Gary Vee
Twitter - https://twitter.com/garyvee
Youtube - youtube.com/c/garyvee
Vee friends - https://blog.veefriends.com/-
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The NFT market was a mixed bag in September, but October is looking really interesting.
In this video I touch on some of the biggest NFT drops happening in October, including Mekaverse, RTFKT's new avatar project a huge pfp collection launching on binance smart chain.
I also talk about how Robinhood's new crypto wallet and Twitter's NFT authentication could help propel this space into the mainstream, and what strategy I'm taking to prepare for the coming wave of big brand NFTs.
And I also discuss the biggest winners and losers from September, including the rising of Cool Cats, the flat growth from Bored Ape Yacht Club, and the newcomers like Adam Bomb Squad, Cryptodads, Cryptoadz and 888 Inner Circle.
Follow me on twitter: https://twitter.com/GiancarloChaux
0:00 Intro
0:37 September was a mixed bag
1:25 the good news
3:23 the biggest winners/losers
4:20 will the market grow in October?
5:35 Robinhood making a big play
7:22 Twitter leaning into NFTs
8:11 will the floodgates open?
8:40 big October drop #1
9:43 big October drop #2
10:31 big October drop #3
11:38 my strategy going into October
12:48 NFT gaming updates (AXS, ILV, Blankos)-
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Jim Lebenthal and Steve Weiss debate their view of the markets, with one arguing a negative outlook and the other arguing a positive. "My view of the market has been pretty consistent in that I just don't see the positive catalysts ahead," Weiss tells Scott Wapner.-
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A conversation with:
Mr. Olawale Ayeni
Regional Head, Africa Venture Capital Investments
International Finance Corporation
Ms. Tahira Dosani
Managing Director
Accion Venture Lab
Mr. Chijioke Dozie
Co-Founder and CEO
OneFi
Dr. Aleksandra Gadzala
Senior Fellow, Africa Center
Atlantic Council
Ms. Njideka Harry
President and CEO
Youth for Technology Foundation
Moderated by:
Ms. Aubrey Hruby
Senior Fellow, Africa Center
Atlantic Council
Welcoming Remarks by:
Dr. J. Peter Pham
Vice President for Research and Regional Initiatives
Director, Africa Center
Atlantic Council
The Fourth Industrial Revolution is having a disruptive effect on global markets. There is an opportunity, especially in Africa, to embrace human capital development and exponential technologies, such as Financial Technology, 3D Printing, and Artificial Intelligence, to accelerate industrialization and boost economic growth. However, with this rapid technological expansion has come greater uncertainty and complexity, and a need for nuanced understanding of disruptive technologies and their implications for African economies.
On the margins of the 2018 Spring Meetings of the International Monetary Fund and World Bank Group, please join the Atlantic Council's Africa Center on Friday, April 20, for a timely conversation on disruptive technologies and their implications for Africa's economic growth trajectory. The event will also mark the launch of the Center's latest policy briefs on Financial Technology and 3D Printing in Africa, authored by Dr. Aleksandra Gadzala.
User-added image
This event is part of a partnership between the Atlantic Council's Africa Center and the OCP Policy Center and is made possible by generous support through the OCP Foundation.
On Twitter? Follow @ACAfricaCenter-
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Today’s episode is an impromptu Q&A I did for the #Veefriends community. We discuss why it’s important to do 50 hours of research before investing in NFTs, the top three 3 #NFT projects I’m interested in, and why I think it’ll take more time than people think for NFT’s to go mainstream.
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Thanks for watching!
Check out another series on my channel:
Tea With GaryVee (Fan Q&A Series): https://youtube.com/playlist?list=PLf...
Overrated Underrated (Hot-takes on Culture): https://youtu.be/TUSNSqA62uI
Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLf...
Trash Talk: https://youtube.com/playlist?list=PLf...
WeeklyVee: https://youtube.com/playlist?list=PLf...
—
Gary Vaynerchuk is one of the world’s leading marketing experts, a New York Times bestselling author, and the chairman of VaynerX, a modern-day communications company and the active CEO of VaynerMedia, a contemporary global creative and media agency built to drive business outcomes for their partners. He is a highly popular public speaker, and a prolific investor with investments in companies such as Facebook, Twitter, Tumblr, Venmo, Coinbase, Slack, and Uber. Gary is a board/advisory member of Bojangles’ Restaurants, MikMak, Pencils of Promise, and is a longtime Well Member of Charity: Water. He’s also an avid sports card investor and collector. He lives in New York City.-
Francisco Gimeno - BC Analyst Gary Vaynerchuk is a surprising character, with multiple interests and a passion to communicate and share rarely found. He has a large community of followers and friends. Being a collector, he has been interested in NFTs for a time, but it's now when he has decided to share his advice and knowledge. Many invest now in NFTs due to FOMO. This should always be avoided. Research, common sense and be a reality based investor will help us in the long term
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In this video we will cover some more new NFT projects that are set to release soon! We will breakdown the art, roadmap, team, & community for each of these projects.
Follow Our Socials:
Twitter: https://twitter.com/NFTverse_
Instagram: https://www.instagram.com/nft.verse/
Evolved Apes:
Twitter: https://twitter.com/EvolvedApesNFT
Website: https://www.evolvedapes.com/
Discord: https://discord.gg/evolvedapes
Shogun Samurais:
Twitter: https://twitter.com/ShogunSamurais
Website: https://www.shogunsamurais.com/
Discord: http://discord.gg/shogunsamurais
Paladin Pandas:
Twitter: https://twitter.com/Paladin_Pandas
Website: https://www.paladinpandas.com/
Discord: https://discord.gg/8rw5Wr2fYU
Ameegos:
Twitter: https://twitter.com/AmeegosOfficial
Website: https://ameegos.io/
Discord: https://discord.gg/QaRfrShR75
0:00 - 0:33 Intro
0:34 - 6:05 Evolved Apes
6:06 - 9:50 Shogun Samurais
9:51 - 13:53 Paladin Pandas
13:54 - 17:22 Ameegos
17:23 - 18:15 My Thoughts & Key Takeaways
18:16 - 18:33 Outro
Financial Disclaimer:
This is not financial advice. I am not a financial advisor. This channel is for entertainment and expressing my opinions. Please do your own research and make your own decisions.-
Francisco Gimeno - BC Analyst NFT Verse (with disclaimers!) expressing what is going on NFTs. With funny titles, like Evolved Apes, Shogun Samurais, Paladin Pandas, Ameegos, different collections are coming out, all following more or less the same process. If you use Discord you will see all these NFT's channels too. Knowledge is power, so listening to this, and not get surprised or left back behind is important. Do your own research always!
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Sam Bankman-Fried, FTX CEO, joins 'Power Lunch' to discuss China's announcement to ban crypto transactions and what it could mean for the crypto exchanges.-
Francisco Gimeno - BC Analyst We joke about China, again, banning crypto. But, is there a different approach from China government? Is it a signal for more cracking on the local crypto industry? Or just on international crypto transactions from China citizens and companies? There are so many factors that is difficult to really understand the whole picture. The actual run towards comprehensive regulatory regimes around the world may influence this too.
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