Category: News
Cryptocurrency News
Dubai Financial Authority Introduces New Digital Asset Law
The Dubai International Finance Center (DIFC) is a special economic zone that resides more than 5000 workers. The DIFC administration recently announced new digital asset…
El Salvador Scraps Income Tax on Remittances and Foreign Investments
El Salvador will go down in history as the first-ever nation to make Bitcoin as a legal tender. After various noteworthy Bitcoin-related regulations, the nation…
CoinShares to Acquire Valkyrie’s ETF Offerings
CoinShares is a multi-national asset management firm with a recent AUM valuation of $7.3 billion as per Cointelegraph. The firm is based out of Europe…
Tether to Launch USDT on Celo Blockchain
Tether has undertaken the plan to become a multi-blockchain ecosystem. On this account, the stablecoin issuer has been adding technical support for various blockchain ecosystems….
Wyoming Grants Legal Status to Decentralized Autonomous Organizations
The state of Wyoming passed a law to grant legal status to DAOs. This law dictates that DAOs are able to establish make third-party contracts,…
UK Regulators Adapt a New Approach for CBDCs and Stablecoins
The policymakers in the United Kingdom are working on introducing a regulatory framework to establish clarity for stablecoins and CBDCs. The coordinated approach was proposed…
Hong Kong Blocks Fake Cryptocurrency Exchange Websites
A blockchain security analytics firm Hacken has indicated that detecting fake crypto trading platforms is not an easy task. Bartosz Barwikowski, layer-1 security expert at…
Indonesia’s Regulatory Agency Proposes Taxation Changes for Cryptocurrencies
The Commodity and Futures Trading Regulatory Agency has initiated the request to revise taxation policies for cryptocurrencies. The federal regulatory authority of Indonesia noted that…
US Senators Raise Voice Against Joe Biden’s CBDC Plans
An alliance of 5 Senators in the United States recently submitted opposition against the digital USD plans of the Federal Reserve. The group of senators…
Former US President Donald Trump Changes his Stance on Bitcoin
The latest political trend on X has indicated a change of stance on crypto policy among one of the US presidential candidates. People on social…
Valkyrie Introduces Bitcoin Futures ETF
Asset management firm Valkyrie has introduced a second ETF that is tied to Bitcoin futures. It is important to note that the firm launched a…
European Investors Are Still Skeptical on Crypto Investments Despite Bitcoin ETF Popularity
VanEck Europe CEO Martijn Rozemuller gave an exclusive interview to Cointelegraph on the matter of US Bitcoin ETFs. His comments arrived at a time when…
UK Financial Regulator Issued 450 Consumer Alerts for Illegal Crypto Ads in 2023
The Financial Conduct Authority (FCA) of the UK recently ordered the withdrawal or editing of more than 10,000 finance-based advertisements last year. FCA is an…
BlackRock’s Spot Bitcoin ETF Surpasses 100K BTC in Assets Under Management
BlackRock listed iShares Bitcoin Trust on 11th January, and completed 100K AUM in one month of launch. As per reports, the net inflows on iShares…
US Treasury Asks Congress to Crack Down Against Illegal Activities in Crypto
Brian Nelson, an official at the United States Treasury recently initiated a directive addressing Congress about cryptocurrency investments. The House Financial Services Committee received the…
OKX Launches Exchanges Services in Argentina
Hong Fang is the president of OKX, one of the top cryptocurrency exchanges around the world. The platform recently launched a new branch in Argentina….
Spot Bitcoin ETFs Reach $10 Billion Milestone in Just One Month
As per the latest report, spot Bitcoin ETFs listed in the United States recently completed a $10 billion milestone as of 9th February, 2024. The…
Bitcoin’s Fundamentals Hinders It From Becoming A Layer-2 Ecosystem – Hoskinson
Hoskinson On Bitcoin Layer 2 Venture Cardano founder Charles Hoskinson recently made a significant observation about Bitcoin and its underlying challenges. Hoskinson highlights claims that…
DoJ Charges Two District School Staff Over Crypto Mining
Penalizing Crypto Miners Two high-ranking members of the Patterson Joint Unified School District have been charged by the US Department of Justice (DoJ) with allegedly…
Former Ripple Engineer Reveals Strategies To Foil XRP Thefts
An Urgent Call For Improved Security Measures Yesterday, Chris Larsen, the co-founder of Ripple, experienced a high-profile security breach of his personal XRP holdings. After…
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