ECB Official Wants “Less Tolerant” Approach To Bitcoin & Crypto – March 30

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $47,282

Bitcoin price still holding strong in the $47,000 range, bouncing strongly from a small spike into the $46,000s yesterday.

Top-20 altcoins are mostly doing well as BNB gains 3%, Solana rallies 11% and Ethereum remains unchanged.

Top Stories for March 30, 2022 πŸ”₯

πŸ‘‰ ECB Official Wants “Less Tolerant” Approach To Bitcoin & Crypto

European Central Bank official Fabio Panetta has called for a “less tolerant” approach to Bitcoin and other cryptocurrencies, calling them “pure gambling”.

Panetta also cited energy use as a primary problem with cryptocurrencies, saying that it would require a “coordinated international effort” to intervene. The remarks were in response to an EU lawmaker’s question regarding Russia using Bitcoin to evade sanctions.

πŸ‘‰ Visa Launches Program For Business Growth Via NFTs

Payments giant Visa has launched a program designed to help artists grow their businesses using non-fungible tokens (NFTs), targeting all breeds of creators.

The year-long program will train creators including artists, musicians, filmmakers and more on NFTs and how they can be used to bridge to new audiences, products and services.

Visa hopes that the program will help Visa itself develop NFT commerce products.

πŸ‘‰ UK’s FCA Extends Registration Deadline For Handful Of Crypto Firms

The UK’s Financial Conduct Authority (FCA) has extended the deadline for some crypto-related firms to register with the regulator, providing them with an extended temporary registration status.

The FCA has reiterated that the firms at hand are not necessarily “fit and proper”, but may be winding down operations or pursuing an appeal. All other firms were required to have ceased trading from January 10th.