Binance stopped selling digital versions of Tesla and Apple stocks, among others. The move follows such jurisdictions as Hong Kong and Lithuania saying the crypto exchange isn’t licensed to sell in those locations. Okay, so picture your favorite red light district announcing that your favorite hoe doesn’t have a license to walk the streets in high heels and an exposed garter. Well, the hoe went home to watch TV. Thanks Binance.
PayPal allows users to purchase as much as $100,000 in crypto each week. I’d like to know who spends $100,000 a week on anything through PayPal. Have I got a deal for you!
Are hard forks fan fiction?
Jackson Palmer, the co-founder of Dogecoin, says cryptocurrencies have been hijacked by right-wing “hyper-”capitalists to serve as a tax avoidance scheme. Coinbase CEO Brian Armstrong wouldn’t let it pass and responded on Twitter. And I thought Jackson Palmer was a bad pop music artist from the 70s. I guess I should pay more attention.
Bitcoin went below its most recent low yesterday and traded early on at $31,470. Oh, and Square is creating a new business that will allow developers a platform for building decentralized financial services. Some nut at Fox News thought it would be cool to put two unrelated news items into one story. Sly devil.
Stephen Lacey highlights 3 key elements of crypto estate planning. Better think about that before you’re dead.
The U.S. Treasury department wants to regulate cryptocurrencies. No news flash there. The problem is, no one knows which federal agency actually has the authority to regulate crypto. Except this guy. Meanwhile, Fed Chairman Jerome Powell is undecided about a central bank digital currency. Why does he hate stablecoins? It could have something to do with piss in his Wheaties.
Ripple won a skirmish. The court is going to allow ex-SEC director to testify in XRP case.
One small town in New York has created its own cryptocurrency. And I think this is a great idea. The technology is there for every municipality to create a local crypto that can be used to pay for city services and utilities, and to be used for other purposes that could potentially raise revenues for local governments without raising taxes on citizens.
Want to help prevent suicide? You can donate cryptocurrency.
Bank of America is experimenting with drugs. Well, if you consider bitcoin futures a legal drug, I guess that would be a true statement.
Crypto investors pour $150 million into Terraform Labs. And just in case you’re curious about what Terra is. Pour some sugar on me.
The UK plans to spend $15 million to warn young people about the risks of investing in crypto. Maybe the herpes contraction rate is dropping among young people because they’ve learned there is something better than sex. We’ve certainly come a long way from fearing STDs.
Coinbase is being sued over alleged deception regarding Dogecoin Sweepstakes.
Tether hasn’t minted any new USDT in three weeks. Why?
18-20% interest on crypto? Whoa!
Ethereum Co-founder Anthony Di Orio is quitting crypto. He cites personal safety reasons. Has crypto become such an unsafe environment that blockchain founders and crypto VCs must travel with personal security teams and fear for their lives? Or is Di Orio is just paranoid?
First published at Cryptocracy, but please don’t construe any of this as financial advice. I am not a financial advisor. Please consult a financial advisor before you invest in cryptocurrencies.