Bank of America CEO: Regulation Will Not Allow Us To Participate In Crypto; Kiyosaki Discusses the Depression, Civil Unrest, and More — Bitcoin.com News Week Roundup


New LUNA posts profit amid controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on the looming recession, depression and civil unrest. To top it off, the CEO of Bank of America said that “we have hundreds of patents on blockchain” but regulations prevent the institution from engaging in crypto. That is […]

New LUNA posts profit amid controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on the looming recession, depression and civil unrest. To top it off, the CEO of Bank of America said that “we have hundreds of patents on blockchain” but regulations prevent the institution from engaging in crypto. This is his bite-sized roundup of this week’s most popular stories from Bitcoin.com News. Let’s delve into.

Bank of America CEO: We Have Hundreds Of Blockchain Patents, But Regulation Will Not Allow Us To Participate In Crypto

Bank of America CEO: We Have Hundreds Of Blockchain Patents, But Regulation Will Not Allow Us To Participate In Crypto


Bank of America CEO says his bank has hundreds of blockchain patents, but regulations will not allow him to engage in crypto. “The reality is that we can’t do it through regulation,” he said.

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Robert Kiyosaki of Rich Dad Poor Dad Warns of Plunging Stocks and Bonds: Depression and Civil Unrest Coming

Robert Kiyosaki of Rich Dad Poor Dad Warns of Plunging Stocks and Bonds: Depression and Civil Unrest Coming


The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. He also warned of falling stock and bond markets.

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'Big Short' Investor Michael Burry Warns of Looming Consumer Recession and More Earnings Troubles

‘Big Short’ Investor Michael Burry Warns of Looming Consumer Recession and More Earnings Troubles


Hedge fund manager Michael Burry, famous for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling US personal savings and record-setting revolving credit card debt despite trillions of dollars in stimulus money.

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As new LUNA Records wins, Do Kwon's Terraform Labs plagued by controversy and accusations

As New LUNA Records Wins, Do Kwon’s Terraform Labs Is Plagued With Controversy And Accusations


Amid the token’s 24-hour surge, controversy continues to plague Do Kwon and Terraform Labs. Additionally, the old token, luna classic (LUNC), has been rising in value as the crypto asset has gained over 70% .

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What do you think about this week’s most popular crypto stories? Let us know in the comments section.


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