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JPMorgan CEO calls crypto 'decentralized Ponzi schemes'

JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens that you call currencies” on one side and “real” innovations on the other. Source: https://cointelegraph.com/rss JPMorgan CEO calls crypto 'decentralized Ponzi schemes'

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Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of cryptocurrency for foreign trade. Source: https://cointelegraph.com/rss Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

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Totality Corp CEO explains why India is still largely untapped for NFTs

Despite a strong emphasis on “social status” in India, holding a Bored Ape Yacht Club NFT there isn’t impressing anyone. Source: https://cointelegraph.com/rss Totality Corp CEO explains why India is still largely untapped for NFTs

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Ethereum co-founder Vitalik Buterin defends DAOs against critics

Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority. Source: https://cointelegraph.com/rss Ethereum co-founder Vitalik Buterin defends DAOs against critics

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Draft US stablecoin bill would ban new algo stablecoins for 2 years

It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. Source: https://cointelegraph.com/rss Draft US stablecoin bill would ban new algo stablecoins for 2 years