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EU Warned Against Falling Farther Behind on Blockchain
The EU’s investment arm warned that Europe had fallen about $12 billion behind China and the U.S. in blockchain technology and artificial intelligence. The European Investment Bank noted that the EU is only responsible for 7% of the world investment in the emerging technologies. The U.S. and China account for 80%. See the story here.
Coinbase Visa Adds 4% Crypto-Back Rewards Program
Top U.S. crypto exchange Coinbase is offering cardholders up to 4% crypto-back if they use their Coinbase Visa debit cards on either Apple Pay or Google Pay. The invitation-only program offers 1% in bitcoin or 4% in Stellar lumens. The program, which begins rolling out this week, beats similar offers from Gemini and BlockFi. Pique your interest here.
Swedish Central Banker Latest to Call for Crypto Crackdown
"When something gets big enough, things like consumer interests and money laundering come into play," Riksbank Governor Stefan Ingves told Bloomberg. "So, there’s good reason to believe that [regulation] will happen." His comments and a similar one by Acting Comptroller of the Currency Michael Hsu come in the wake of the Colonial Pipeline ransomware attack. Here’s the scoop.
Bitcoin 2021 Conference Organizers Expecting 50,000 in Miami
The organizers of the Bitcoin 2021 conference in Miami are expecting what they say will be an industry-record turnout of 50,000 attendees. Speakers include MicroStrategy’s Michael Saylor, Sen Cynthia Lummis (R-WY), and Square’s Jack Dorsey. The event moved from LA to Miami’s trendy Winwood district because California’s COVID-19 rules remain tough while Florida’s are among the loosest.
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