#crypto

Yes, they tighten the requirements and the nuts again. As of right now, European banks are required to view cryptocurrencies as the riskiest asset class. Today, the relevant EU parliamentary committee approved such an initiative. As a result, banks will actually need to hold EUR 1 in equity for every EUR they hold in cryptocurrencies. The MEPs explained that similar capital requirements will help prevent the crypto world's insecurity from spreading to the financial system. However, it was offensive. Which of the worlds is more unstable needs to be determined, though. But our arbiter is time. It will reveal everything.

Welcome another legend to the crypto family! Irish Distillers Int'l, the company behind Jameson whiskey, has registered a metaverse trademark! Based on the application, it can be concluded that the iconic manufacturer plans to sell virtual alcohol, items and accessories, NFT trading software, and maybe even create a marketplace and a virtual bar! Go, go, Jameson! We do not know exactly how all this will look, but every brand like this plays into the hands of mass adoption.

Ethereum supporters are looking forward to the upcoming crypto spring. Another network update, dubbed Shanghai Fork, is scheduled for March. Shanghai Fork will allow users to access the funds locked into the Ethereum Beacon Chain. Depositors will be able to participate in validating transactions and earn newly-created Ethereum. J.P. Morgan believes Shanghai Fork will be a pleasant surprise for Coinbase as well. It estimates that up to 95% of retail investors of this crypto exchange will be able to participate in Ethereum staking after the update. The matter is that Coinbase may get additional revenue of about $225-$545 million per year.

9 years ago, Vitalik Buterin presented his Ethereum smart contract platform to the world. He officially announced his invention on BitcoinTalk Forum with a post titled "Welcome to the New Beginning!" It’s not an anniversary date, so let’s do without flowers and applause. But one thing that we would like to mention is that everyone who made their first steps at that time became most powerful people in crypto. With its roots in the Ethereum team, crypto mafia has spread across the world: - Charles Hoskinson launched Cardano in 2017. - Anthony Di Iorio launched Decentral Inc. and the Jaxx wallet - Joseph Lubin launched ConsenSys - Gavin Wood created Polkadot and developed the Solidity smart contract language. Our congratulations on these achievements, Vitalik!

This day 12 years ago was marked as the first attempt to use Bitcoin as a payment mean. The author of the ad wanted to sell a 1280x960 resolution picture for 500 BTC that he said would look great as a desktop background. At that time 500 BTC worth $1. Today it is almost $12,000,000,000. As we know, no one was ever interested in this offer. Crypto folks decided to spend their BTC on pizzas.

The agreement, which turned the crypto exchange into a Premium Partner of the Bundesliga club, will last until the end of June 2023. Under the new terms, Coinbase will promote its products and services at Signal-Iduna-Park (the club's home stadium) and provide crypto-educational programs for team members. The numbers of the deal are not disclosed. But it is not that important. After all, we are still Barcelona's fans.

James Gorman, CEO of Morgan Stanley, said that the world economy has come out of its peak. Positive changes were influenced by two factors: - inflation in the USA has reached maximum levels - relations between USA and China began to improve Gorman believes that China and the United States have finally agreed: instead of redistributing the world's prosperity among themselves, they have moved to the desire to increase it so that everyone gets more. Gorman also suggested that the Fed will not raise rates above 25 basis points next month. The crypto market seems to agree.