This Week In Crypto – April 4th
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
Finance Minister Rishi Sunak has asked the Royal Mint — the government-owned company responsible for minting coins for the U.K. — to create and issue the NFT “by the summer,” City Minister John Glen said at a fintech event in London. “There will be more details available very soon,” he added.
The initiative is part of a broader effort by the government to “lead the way” in crypto, according to Glen. The minister announced a number of steps the U.K. will take to bring digital assets under more regulatory scrutiny. Read More
Rishi Sunak to launch an NFT issued by the Royal Mint to help make UK ‘global cryptoasset hub’
It is starting with the easier end of that world with so-called “stablecoins” – cryptocurrencies whose values are pegged to existing traditional currencies (pounds, euros, etc), rather than the whims of the digital market.
The move to recognise “stablecoins” is intended to pave the way for the use of them as a recognised form of payment. Read More…
A 30-Year-Old Crypto Billionaire Wants to Give His Fortune Away
Sam Bankman-Fried, a 30-year-old cryptocurrency billionaire, is probably the first person to play a computer game while giving a talk.
As the featured guest one morning in February, Bankman-Fried looks schlubby as usual, reclining on a gaming chair in blue shorts and a gray T-shirt advertising his cryptocurrency exchange, FTX, his mop of curly hair flattened by his headphones. He’s speaking by Zoom from his office in the Bahamas. Read More.
Best Crypto Investment According To Reddit
After one of the most defining years for the crypto industry came to an end, many new traders have joined the community in search of the best cryptocurrencies to invest in 2022.
However, finding the right cryptocurrency that will skyrocket your portfolio is no easy task. It requires some hefty research and advanced market knowledge.
Fortunately, Reddit users are always a few steps ahead. With cryptocurrencies being one of the most popular subreddits, these users are always on top of the latest crypto news.
In this article, we are going to talk about some of the best crypto investments you can make in 2022, according to Reddit. Read More
