Mark Cuban says this is ‘the least important part of crypto’ for investors to focus on

Mark Cuban says this is 'the least important part of crypto' for investors to focus on

When considering any cryptocurrency investment, billionaire investor Mark Cuban looks for utility in each project.That’s why, to him, “tokens trading are the least important part of crypto,” he tweeted on Tuesday.Instead, Cuban sees smart contracts, or collections of code that power decentralized applications, and how they’re used within projects as the most important use case. For … Read more

South African rand weakens as COVID-19 cases rise; U.S. data in focus

South African rand weakens as COVID-19 cases rise; U.S. data in focus

JOHANNESBURG, Dec 10 (Reuters) – The South African rand weakened on Friday as a surge in COVID-19 cases hit risk appetite, while investors cautiously awaited U.S. data due later in the day to gauge inflationary pressure.At 0530 GMT, the rand traded at 15.9900 against the dollar, around 0.2% weaker than its previous close and extending … Read more

Regulators Focus on Crypto | PYMNTS.com

OCC

In its Semiannual Risk Perspective report, the Office of the Comptroller of the Currency (OCC) elevated digital assets in the banking sector to one of four key operational risks the banks it oversees are facing. While that’s noteworthy in and of itself, it’s a proactive step to regulate cryptocurrency and stablecoins before they turn into … Read more

Jack Dorsey-Led Square Changes Name To Block, Doubling Down On Crypto Focus

Jack Dorsey-Led Square Changes Name To Block, Doubling Down On Crypto Focus

Topline Square said Wednesday it will change its company name to Block, referencing the blockchain technology that powers cryptocurrencies like bitcoin and continuing an eventful week for Square founder and CEO Jack Dorsey, who resigned Monday as the CEO of Twitter, another company he founded. Block founder and CEO Jack Dorsey is an outspoken bitcoin … Read more

Federal Bank Regulators Focus on Crypto Assets and Blockchain Activities | Ballard Spahr LLP

Federal Bank Regulators Focus on Crypto Assets and Blockchain Activities | Ballard Spahr LLP

Agencies Issue “Crypto Asset Roadmap” for 2022 Guidance, and OCC Confirms Prior Interpretive Letters on Crypto – So Long as Supervisory Regulators Do Not Object The Board of Governors of the Federal Reserve System (“Federal Reserve”), the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) (collectively, the “Agencies”) … Read more

Telehealth apps see post-COVID focus on mental wellbeing

Telehealth apps see post-COVID focus on mental wellbeing

Medical doctor Makoto Kitada demonstrates a telemedicine application service called ‘CLINICS’, developed by Japanese medical start-up Medley Inc., in Tokyo, Japan, July 8, 2020. Picture taken July 8, 2020. REUTERS/Issei Kato/File PhotoMental health to be a priority in e-health post-COVIDApps see future patient care blending virtual, physicalFounders call for better sharing of patient dataLISBON, Nov … Read more