Government

el-salvador’s-bitcoin-decision:-tracking-adoption-a-year-later
Posted by | September 23, 2022
El Salvador’s Bitcoin decision: Tracking adoption a year later

El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC) legal tender, recently marked its first year of BTC adoption.The...

Continue Reading
australian-treasury-consults-public-on-bitcoin-foreign-currency-tax-exclusion
Posted by | September 6, 2022
Australian Treasury consults public on Bitcoin foreign currency tax exclusion

The public has been provided with 25 days to share their opinion on the proposed legislation. 2658 Total views 60 Total shares Australia’s ministerial department of Treasury reached out to...

Continue Reading
celsius-bankruptcy-proceedings-show-complexities-amid-declining-hope-of-recovery
Posted by | August 26, 2022
Celsius bankruptcy proceedings show complexities amid declining hope of recovery

Celsius Network is one of the many crypto lending firms that have been swept up in the wake of the so-called “crypto contagion.” Rumors of Celsius’ insolvency began circulating in June...

Continue Reading
huobi-global-suspends-derivatives-trading-in-new-zealand
Posted by | August 16, 2022
Huobi Global suspends derivatives trading in New Zealand

Huobi Global claims compliance with local regulations as its reason for excluding New Zealand from its list of countries in which it operates derivatives trading. 354 Total views 10 Total...

Continue Reading
kevin-o’leary-says-sacrificing-tornado-cash-worth-it-for-institutional-adoption
Posted by | August 14, 2022
Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption

Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice to create stability for institutional...

Continue Reading
aml-and-kyc:-a-catalyst-for-mainstream-crypto-adoption
Posted by | August 14, 2022
AML and KYC: A catalyst for mainstream crypto adoption

For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s...

Continue Reading
russia-plans-to-roll-out-digital-ruble-across-all-banks-in-2024
Posted by | August 12, 2022
Russia plans to roll out digital ruble across all banks in 2024

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024. 606 Total views 7 Total shares...

Continue Reading
demand-for-widely-used-euro-stablecoin-is-huge,-says-defi-expert
Posted by | July 20, 2022
Demand for widely used euro stablecoin is huge, says DeFi expert

The market capitalization of Tether (USDT), a United States dollar-pegged stablecoin, is currently over $65 billion. USD Coin (USDC), another stablecoin backed by the U.S. dollar, clocks in near $55...

Continue Reading
sec-commissioner-allison-lee-departs,-readying-financial-regulator-for-jaime-lizarraga
Posted by | July 15, 2022
SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga

The U.S. Senate has already confirmed the nomination of Allison Lee's replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. 1017 Total views 29 Total...

Continue Reading
defi-for-financial-services:-alex-tapscott’s-‘digital-asset-revolution’
Posted by | July 15, 2022
DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’

Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028....

Continue Reading