Cryptocracy

Cryptocracy

Hot news and analysis from the world of cryptocurrencies. No hype, just the facts plus a little snark. Delivered from an award-winning journalist, former newspaper editor, and world-class content strategist.


UK Financial Authority Says Bitcion/Crypto ATMs Are Illegal

12 Mar 2022 2 minute read 0 comments Allen Taylor

The United Kingdom’s Financial Conduct Authority has declared crypto ATMs illegal in the UK. El Salvador wants to launch a bitcoin-backed bond, but it’s waiting for the right time—a key factor being the Russia-Ukraine war. But if you’re planning on d...

Executive Order on Digital Assets: Is It Good for Crypto?

11 Mar 2022 6 minute read 0 comments Allen Taylor

In the last few days, we’ve heard a lot about an executive order that President Joe Biden signed on Wednesday regarding digital assets. Is this a good thing or a bad thing? First, let’s keep in mind that the category of “digital assets” is broader th...

Cryptosocial: How Cryptocurrencies Are Changing Social Media Book Launches

9 Mar 2022 2 minute read 1 comment Allen Taylor

Folks, I’m proud to say that my long-awaited book Cryptosocial: How Cryptocurrencies Are Changing Social Media has finally been place on pre-order. It goes live for public consumption tomorrow. You can purchase the book at any of the following venues...

CVS to Be First Drug Store to Sell NFT Pharmaceuticals in the Metaverse

7 Mar 2022 1 minute read 2 comments Allen Taylor

CVS pharmacy wants to be the first drugstore to sell NFTs in the metaverse, and they’ve filed a trademark application to sell downloadable virtual merchandise. Because when your cholesterol is too high, what you really need is a non-fungible Lipitor....

February 2022 Cryptosocial, Presearch, and Staking Earnings

5 Mar 2022 8 minute read 3 comments Allen Taylor

I intended to create this report yesterday but forgot. My apologies. You get to see it today instead. The following is how much crypto I earned in February 2022 through cryptosocial media platforms and protocols, and staking. Cryptosocial/Search Earn...

Ukraine Asked for Crypto Donations, Then Things Got Weird

4 Mar 2022 2 minute read 0 comments Allen Taylor

Coinbase and Binance will not ban all Russians from using their platforms. A Binance spokesperson said they will not “unilaterally freeze millions of innocent users’ accounts.” Coinbase CEO Brian Armstrong said ordinary Russian citizens use bitcoin a...

Ukraine Has Raised $34M in Crypto Donations While Russians Go On a Buying Spree

2 Mar 2022 2 minute read 0 comments Allen Taylor

I woke up this morning thinking I wasn’t going to send a newsletter because I forgot to charge my computer. Now the sun is out and I’ve got solar. Charging it as we speak. Traveling while running my business is a great blessing, but it has its frustr...

Ukraine's Plea for Crypto Donations Brought in $13 Million

28 Feb 2022 2 minute read 0 comments Allen Taylor

Bitcoin’s hash rate has dropped and mining difficulty is expected to jump. Meanwhile, more mainstream investors could be changing bitcoin’s halvening cycle. A must-read proposal to address Bitcoin’s smart contract limitations recommends pay-to-contra...

Wyoming May Launch a Stablecoin By the End of 2022 (And Other Crypto News Worth Reading)

26 Feb 2022 1 minute read 8 comments Allen Taylor

When I think of Wyoming, I think of cowboys, ranches, and buffaloes roaming. But last year, Wyoming led the way in DAO legislation by introducing and passing a bill that allows decentralized autonomous organizations a legal path forward. It was the f...

Russia's Invasion of Ukraine Has Impacted Crypto in Huge Ways

25 Feb 2022 3 minute read 5 comments Allen Taylor

This week, immediately after Russia’s invasion of Ukraine, cryptocurrency values plummeted. In fact, the market lost $250 billion in hours. Economists are now predicting Russia could use cryptocurrencies to get around sanctions issued by the U.S. and...