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As the law to make Bitcoin a legal tender goes into effect, El Salvador’s leading newspaper has started tracking BTC’s price to help the citizens adopt the new currency. Starting today, businesses in El Salvador have to offer Bitcoin payment services. In…
The Chair of The United Kingdom’s Financial Conduct Authority has warned the regulators regarding the over-reach of regulatory authorities. The chair of The United Kingdom’s Financial Conduct Authority also said that protecting the consumer investment is the sole responsibility of regulators, but…
The Securities and Exchange Commission is quite interested in knowing what is going on within the area of smart contract-centered crypto assets, Victor Fang said. The SEC of the United States of America has allegedly struck a $125k agreement with blockchain research…
When it comes to cryptocurrency and digital assets adoption by a traditional financial institution, no one does it better than Sber Bank. Sber is considered the largest Russian banking institution, and it is making huge moves into the crypto-digital assets space. The…
When Bitcoin began over a decade ago, its creator initially envisioned it type of currency or form of payment. But as time went on, it became quite obvious that Bitcoin became a lot more than the creator(s) Satoshi Nakamoto envisioned. While there…
Koh Seung-beom, a candidate for FSC (Financial Services Commission) chair, expressed that the crypto assets would not work successfully in the form of financial instruments. He went on to further state that they could not even operate as physical currency. Digital assets:…
Binance is the most awarded crypto exchange anywhere in the world, but it is having a hard time for the last few months since being in a feud with many regulatory authorities around the world but especially the UK. Binance tried to…
As per the latest reports, Cuba has made an announcement in regards to the adoption of cryptocurrencies for payments. Cuba has announced that it is in the process of recognizing cryptocurrencies as a means for payments. For this purpose, Cuba will be…
Applications for the license of the two latest Ethereum-based funds, which are exchange-traded, have been submitted by companies named ProShares and VanEck. Thus, the total number of ETF filings is now 23. Both the companies have disclosed their intentions for Ethereum –based…
KYC (know your customer) is a policy most commonly practiced and upheld by crypto exchanges working around the globe. According to this specific policy, any and all customers looking forward to registering themselves with a respective crypto exchange must declare any personal…
China is a region that is against cryptocurrencies, mining, and decentralization or, in retrospect, everything that is crypto. China was considered the leading platform when it came to Bitcoin mining and used to provide a solid hash rate to the Bitcoin’s blockchain,…
Nearly everyone in Singapore has invested in the crypto space already, with a male under the age of 34 being a dominant part of the figure. Though, more interestingly, there is more popular crypto in the coin than the BTC, BNB, and…
Authorities of Venezuela, especially the state of Carabobo, has been making life miserable for mining facilities, as power has been cut out for them. On Saturday, the 7th of August, Venezuelan Authorities operating in the area apparently cut out the electricity supply…
Crypto adoption is on the rise, and since the mid-May crash, this is the first time that the whole crypto market is in sync, and every cryptocurrency is showing positive price signs across the board. The adoption rates are good, too, given…
When it comes to cryptocurrencies and their usage, the United States of America has been trying to weigh out the cryptocurrency industry. One of the recent actions it has taken to execute its plan is by introducing an infrastructure bill. According to…
A crypto client was smart enough to collect $80,000 within a day by selling a Cryptopunk, which he bought without paying a penny. It was revealed through the blockchain records shown by Larva Labs that an anonymous user bought 3860 number CryptoPunk…
The crypto community protested in unison against the bill proposed by Senator last week. The bill proposed raising infrastructure money by imposing a tax on crypto transactions. Furthermore, the bills also changed the legal definition of crypto brokers. Keeping in view the…
SEC has made it very clear that they are going to be some extreme enforcement on the crypto industry as the regulatory agency is working its way to fully understand the crypto space and implement changes and regulations wherever necessary. The Securities…
South Korean crypto regulatory authority FSC to ban 11 crypto exchanges. Anonymous resources claimed that multiple mid-scale crypto exchanges in the country won’t be able to convince FSC to approve their operations in South Korea. The Financial Services Commission planned to impose…
Uniswap has managed to become a popular DEX (decentralized exchange) in the crypto industry, despite its flaws and shortcomings. The development firm which is largely responsible for its success, Uniswap Labs, recently announced this past Friday that it should be cutting off…
