Key Takeaways The new bill grants Commodity Futures Trading Commission(CFTC) watchdog status and authority over the spot markets in crypto commodities. Lummins-Gillibrand bill suggests an industry sandbox in which regulators can let crypto companies test new products on a limited…
Key Takeaways Ethiopia’s Central Bank reiterated that cryptocurrency is not officially recognized in the country. NBE states crypto is being used for money laundering and illegal financial transactions. Ethiopia’s Central Bank, The National Bank of Ethiopia (NBE), has stated that…
Key Takeaways Buterin suggested the implementation of carbon pricing as an alternative solution to banning PoW mining. His comments come against the backdrop of New York passing a bill that would essentially ban PoW operations within the state. Ethereum co-founder…
Key Takeaways T Rabi Sankar talked about the future of digital currency at a webinar hosted by IMF. RBI is working alongside the Indian Government to launch CBDC soon. T Rabi Sankar, the deputy governor of the Reserve Bank of…
Key Takeaways The rapper has applied for 17 NFT and Metaverse Experience Trademarks to the U.S. Patent and Trademark Office on May 27. Kanye’s critical stance towards NFTs is expected to shift with this recent development. Renowned Rapper-Designer Kanye West…
Key Takeaways Nathanial Chastain is accused of exploiting his advanced knowledge of what NFTs would be featured on OpenSea’s homepage for his personal financial gain. In 2021, he anonymously purchased around 45 NFTs, then sold them two and five times…
Key Takeaways Cryptocurrency will be accepted through Flexa, a digital payments platform. The launch is across stores only in the US. In 2021, Chipotle partnered with Roblox to open a virtual restaurant. Leading Fast Food Chain Chipotle is the latest…
Key Takeaways: The report was titled ‘Joint ESAS Report On Withdrawal Of Authorisation For Serious Breaches Of AML/CFT Rules’ It was made jointly by European Banking Authority, European Insurance and Banking Authority, and European Securities and Banking Authority. A joint…
Key Takeaways Reports reveal the move is owing to “increased scrutiny” from the Government Reportedly, the move is part of Polygon’s bid to stop funding projects in India. Decentralized Ethereum scaling platform Polygon now requires KYC (Know Your Customer) details…
Key Takeaways In a recent blockchain meet, Towerbank invited crypto enthusiasts to open accounts at the bank. The move is expected to help the bank expand its customer base to the crypto community. Towerbank, a leading Panama bank, had opened…
