Tags : Concerns

Regulation

After UK and Cayman Islands, Binance now faces regulatory concerns

Regulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume. Italian government authority, responsible for regulating the country’s securities market, Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that states Binance is unauthorized to provide services […]Read More

Bitcoin

Holder of 92,000 BTC explains why energy concerns aren’t Bitcoin’s

Michael Saylor discussed what he perceives as the biggest risk to Bitcoin, and it’s not to do with environmental, social, or governance (ESG) factors. Environmental, Social, and Governance (ESG) ESG refers to a set of standards that investors use to determine how a particular company stacks up in terms of social responsibility. Environmental criteria look […]Read More

Bitcoin

Greenpeace USA stops accepting Bitcoin donations due to environmental concerns

The American arm of Greenpeace, a non-governmental multinational environmental organization, has stopped accepting donations in Bitcoin (BTC) amid growing concerns about the crypto’s impact on the world’s ecology, it told Financial Times yesterday. “As the amount of energy needed to run Bitcoin became clearer, this policy became no longer tenable,” said a spokesperson for Greenpeace […]Read More

Bitcoin

Mark Cuban reaffirms Bitcoin plans after Tesla snub sparks concerns

Billionaire ‘Shark Tank’ star Mark Cuban said today that Dallas Mavericks, the Cuban-owned NBA basketball team, will continue to accept Bitcoin regardless of the concerns around the asset’s alleged energy usage, as per a tweet this morning. Bitcoin saves the environment  Unlike what the popular consensus seems to be, Cuban said that using cryptocurrencies help […]Read More