Category: Buying Cryptocurrency
Chinese Court Recognizes Virtual Assets As Legal Properties
A recent development on the legal status of virtual assets has surfaced in China after thoroughly examining their attributes within the country’s criminal law. According…
Binance To End BUSD Support Within The Next Six Months
Binance, the cryptocurrency trading platform, recently announced that it has decided to withdraw support for the BUSD stablecoin on its platform gradually. The exchange will…
How Blockchain Collaborations Can Empower Traditional Firms
Traditional companies can reap significant benefits by collaborating with blockchain projects in various ways. These partnerships offer them a smooth transition into the evolving landscape…
US Court Orders SEC To Review Of Grayscale’s Bitcoin ETF Application
The United States might soon record its first-ever Bitcoin exchange-traded fund (ETF). This exciting development comes on the heels of a recent directive from a…
Polygon To Adopt Enshrined Restaking Model To Facilitate Multichain Interoperability – Co-Founder
The Polygon network is ramping up its drive to optimize its Layer 2 protocol, with developers proposing a new ecosystem involving multilayer chains. Accordingly, the…
PM Modi Calls For Uniform Global Crypto Regulatory Framework
During the annual G20 summit, Indian Prime Minister Narendra Modi emphasized the importance of global cooperation in developing comprehensive cryptocurrency regulations. With India currently at…
Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why
The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…
Crypto-Backed Mortgage: What Are They And How Do They Work?
As the cryptocurrency market grows, suggestions for using crypto assets as loan collateral have continued to gain traction. Their high volatility and potential for significant…
FTX Reveals Plans To Recover Losses And Refund Creditors
FTX, the now-bankrupt cryptocurrency exchange, is pursuing a strategy to recover its losses and return funds to its creditors by exploring new avenues. Remember that…
Binance.US Partners With MoonPay To Restore Dollar-Crypto Conversion
Binance.US, the United States arm of the leading global crypto exchange, faces legal and financial challenges amid increased regulatory scrutiny. However, the exchange has partnered…
Oman Unveils $350M Crypto Mining Facility To Boost Economic Growth
The oil-rich Sultanate of Oman has launched its second crypto-mining center in just over ten months. The crypto mining facility is part of the country’s…
Leading Asia-Based Crypto Exchanges Modify Their KYC Requirements; Here’s Why
In response to the evolving regulatory landscape across Asia, several popular cryptocurrency exchanges have recently taken steps to improve their Know Your Customer (KYC) measures….
Dogecoin’s Lead Developer Opposes The Network’s Transition To PoS
Mishaboar, Dogecoin’s core developer, has clarified his stance amid rumors that the DOGE development initiative might move to a Proof-of-Stake (PoS) consensus protocol. The Dogecoin…
Stablecoin Issuer Tether Halts Bitcoin Stablecoin Due To Low Adoption
Due to a perceived lack of user engagement, the world’s leading stablecoin issuer, Tether, has halted its Bitcoin Omni Layer edition. Notably, this particular iteration…
Coinbase Join The Ranks Of CME And CBOE Following Futures Approval
Coinbase, the United State’s leading digital asset exchange, has secured the regulatory green light to introduce cryptocurrency futures to American investors. Given its heated legal…
Republican Lawmakers Probe SEC Chair Over Prometheum’s Approval
Republican US congressional committee members overseeing activities of the Securities and Exchange Commission (SEC) have increased scrutiny of the agency’s processes for approving the operations…
Cardano Founder Criticizes Ethereum Staking Mechanism, Lauds Cardano Network
Charles Hosinson, the Cardano founder, has stirred controversy in the crypto community after hugely criticizing the Ethereum staking platform, stating that it is less efficient…
Binance Appeals To Court For Protection Against US Financial Watchdog
The world’s leading crypto exchange Binance is seeking court protection in the ongoing legal battle with the United States Securities and Exchange Commission (SEC). Last…
SEC’s Hesitation On Bitcoin ETFs Reflects Crypto’s Struggle For Mainstream Adoption
The recent non-decision by the SEC (Securities and Exchange Commission) regarding Bitcoin ETF (Exchange-Traded Funds) approvals has ignited fresh debates and a wave of anticipation…
Exploring Global Web3 Adoptability Across Cultural Landscapes
Even though cryptocurrencies were created to solve various issues in conventional banking systems, there have been several intersections between these digital assets and fiat currencies….
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