Episode Details

20th April: Crypto & Coffee at 8
👀 European Union rules for crypto assets! 🔻Bitcoin & Ethereum🔻 Intel Corporation discontinues Bitcoin-Mining Blockscale Chips❌ Update on Russia crypto mining.❗
 

🔥 The European Parliament is due today to rubber stamp the EU’s markets in crypto assets regulation (MiCA), the world’s first comprehensive set of rules for the hitherto unregulated sector. EU states have already given their approval. The European Union urges the rest of the world to copy its rules for crypto assets. More info via Reuters https://lnkd.in/dcGf7KqS
 

⚡ Green Party lawmaker Ernest Urtasun Domènech told parliament “It marks the end of the Wild West era for crypto assets,”
 

⚡ EU financial services commissioner Mairead McGuinness told the parliament. “I hope that our rules could become a model for other
countries,”
 

🔥 Decrypt article here shares some interesting points by Irish MEP Chris MacManus who considers crypto as a Pyramid scheme
 

⚡ Dutch MEP Paul Tang compared crypto to the tulip craze of 1637.
 

⚡ Gunnar Beck, a German MEP was the only one who said the EU was
“criminalizing decentralized finance and its users” by requiring more
transactions to be reported to relevant authorities. “The EU is establishing a
total financial surveillance state,”
 

🚨 The details of this & the voting today should significantly impact the price of #btc, #eth and the rest of the crypto market Check out the Blockchain DXBs podcast where we give our thoughts & opinions on this.

❗UK inflation at 10% has definitely impacted the global crypto market❗
 

🚨 Intel Corporation: Last in First Out
♦️ Intel Discontinues Bitcoin-Mining Blockscale Chips, & No Future Gens Announced Tom’s Hardware has reported that it was only a year ago that Intel officially announced its Bitcoin-mining Blockscale ASICs, but the company announced the end of life of its first-gen Blockscale 1000-series chips without disclosing any follow-up generations of the chips. https://lnkd.in/dURbJm_r
 

🔵 While the USA mostly Left-leaning states are closing bitcoin mining operations. Russia is taking steps to mine crypto for cross-border deals. CoinDesk has reported that International sanctions have been imposed on the country to exclude it from the U.S. dollar-powered global payment infrastructure.
The Central Bank of the Russian Federation (Bank of Russia) is working on a bill that will introduce an “experimental legal regime” for cryptocurrencies to be used exclusively in export-import deals, the head of the regulator, Elvira Naiullina, said on Monday, accordin