Search
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
4.11.2021
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal...
Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App
4.11.2021
The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto...
Dogecoin, Shiba Inu, Dogelon Mars Lead the Pack of 45 Doge-Like Tokens Capturing Astronomical Gains
31.10.2021
2021 has been the year of decentralized finance (defi), non-fungible tokens (NFTs), and meme tokens as well. During the first week of August, roughly 30 dogecoin-like crypto assets existed and today, there are now 45 tokens with the terms “dog,” “shiba,”...
Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
31.10.2021
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access...
Shiba Inu Soars Knocking Dogecoin Down a Notch — 20 Holders Own 75% of the SHIB Supply
28.10.2021
The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion. Meanwhile, the concentration of shiba inu whales is still...
Indian Crypto Regulation Is Planned for February: Report
28.10.2021
The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....
Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
26.10.2021
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial...
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits This Week
25.10.2021
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets...
5 Dollar-Pegged Tokens Command 94% of the Swelling $135 Billion Stablecoin Market Cap
24.10.2021
During the last month, four out of five of the top stablecoins by market capitalization saw their valuations swell in size. At the time of writing, there’s $135.4 billion in stablecoins but the top five collectively represent 94.40% of that total. While the largest stablecoin in terms...
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
Bank of Russia Not Ready to Allow Bitcoin ETF Trading, Governor Says
24.10.2021
Central Bank of Russia isn’t prepared to admit a bitcoin exchange-traded fund (ETF) to the market, the head of the regulator, Elvira Nabiullina, told Russian media. Her statement, reaffirming the bank’s hardline stance on cryptocurrencies that has been recently criticized again, came...
Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank
22.10.2021
The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing...
Billionaire VC Peter Thiel Discusses Satoshi’s Identity — Says Bitcoin Is the ‘Most Honest Market We Have’
22.10.2021
According to reports, tech billionaire Peter Thiel — the co-founder of Paypal and Palantir — spoke about bitcoin at an event hosted in Miami. At the time, bitcoin had just surpassed its all-time price high and Thiel said “you’re supposed to just buy bitcoin”...
Spanish Banks Interested in Offering Crypto Assets to Their Customers
22.10.2021
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply...
Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...
As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%
21.10.2021
The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467....
Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’
21.10.2021
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto...
Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding
20.10.2021
The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury...
Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
20.10.2021
Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even...
Valve Bans Games Built on Blockchain, NFTs, and Cryptocurrencies From Steam Gaming Platform
17.10.2021
This past week, Valve, the parent company of the video game digital distribution service Steam updated its distribution onboarding guidelines. According to the newly updated rules, the company is banning any “applications built on blockchain technology that issue or allow exchange...