Bank of America CEO: Regulation Won’t Let Us Engage in Crypto; Kiyosaki Talks Depression, Civil Unrest, and More — Bitcoin.com News Week in Review

Bank of America CEO: Regulation Won’t Let Us Engage in Crypto; Kiyosaki Talks Depression, Civil Unrest, and More — Bitcoin.com News Week in Review

The new LUNA information positive aspects amidst controversy, “Big Short” investor Michael Burry and creator Robert Kiyosaki weigh in on recession, melancholy, and looming civil unrest. To prime all of it off, Bank of America’s CEO mentioned “now we have tons of of patents on blockchain” however that laws are blocking the establishment from participating in crypto. This is your bite-sized digest of this week’s hottest tales from Bitcoin.com News. Let’s dig in.

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won't Allow Us to Engage in Crypto

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

The CEO of Bank of America says that his financial institution has tons of of blockchain patents however laws won’t enable it to have interaction in crypto. “The actuality is that we are able to’t do it by regulation,” he mentioned.

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Rich Dad Poor Dad's Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming

Rich Dad Poor Dad’s Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming

The well-known creator of the best-selling e book Rich Dad Poor Dad, Robert Kiyosaki, has predicted {that a} melancholy and civil unrest are coming. He additionally warned of the inventory and bond markets crashing.

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'Big Short' Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession, More Earnings Trouble

Hedge fund supervisor Michael Burry, famed for forecasting the 2008 monetary disaster, has warned of a looming client recession and extra earnings hassle. He cited falling U.S. private financial savings and record-setting revolving bank card debt regardless of trillions of {dollars} in stimulus cash.

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While the New LUNA Records Gains, Do Kwon's Terraform Labs Plagued by Controversy and Accusations

While the New LUNA Records Gains, Do Kwon’s Terraform Labs Is Plagued by Controversy and Accusations

Amid the token’s 24-hour rise, controversy continues to plague Do Kwon and Terraform Labs. Moreover, the outdated token, luna traditional (LUNC), has been climbing in worth because the crypto asset has gained greater than 70%.

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