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Google’s New Cryptocurrency Ad Policy Goes Into Effect


Internet giant Google’s new ad policy has gone into effect. The company now allows certain cryptocurrency ads, such as those promoting cryptocurrency exchanges and wallets. Advertisers must meet certain requirements and be certified by Google. Google Now Allows Some Crypto Ads Google’s...

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments


In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....

Paxos Standard Presents Assets Backing Its Stablecoins


Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other...

German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan


German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....

Bybit Extends Its Reach With Spot Trade Offering


Adding to the exchange platform’s existing cryptocurrency derivatives products, Bybit will now offer spot cryptocurrency trading in four pairs, with additional pairs set to be rolled out in the near future. Bybit Adds Spot Trading The recent weakness in crypto prices and transaction volumes...

New York Fed Survey Shows Inflation Expectations Highest Ever Recorded


American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...

Tiktok Bans Users From Promoting Cryptocurrencies


Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencies Social media platform Tiktok has banned content...

Ukraine’s Monobank to Allow Customers to Trade Bitcoin


Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin...

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