Follow us on Google News According to US Treasury Undersecretary for Domestic Finance Nellie Liang, technology companies that aren’t licensed as banks shouldn’t offer crypto stablecoins. Liang told members of the House Financial Services Committee that companies that issue tokens…
Follow us on Google News Key Takeaways: The Russian government and the Bank of Russia have agreed on a future regime for the circulation of cryptocurrencies in Russia. By February 18, they will prepare a draught law on the circulation…
Follow us on Google News Key Takeaways: DOJ has finally seized the solen bitcoin from the 2016 Bitcoin Hack. A husband and wife from Manhattan have been arrested for laundering the stolen money. Cryptocurrency proves not to be a haven…
Follow us on Google News Key Takeaways: The Venezuelan government has approved a new tax that would apply to cryptocurrency and foreign currency transfers and transactions. The government of Venezuela has approved a new 20% tax on Bitcoin and cryptocurrency…
Follow us on Google News The Central Bank of Ireland, which controls foreign funds with over €4 trillion in assets, warned on Tuesday that allowing funds aimed at non-professional investors to engage in cryptocurrencies is “very improbable” since they are “extremely dangerous and speculative.” The comment, which appears in the regulator’s second annual Securities Risk Outlook Report, primarily concerns mutual funds known as Undertakings for Collective Investment in Transferable Securities (Ucits), which cater to retail investors and account for roughly three-quarters of Irish-domiciled funds. According to the survey, whether Ucits and another type of fund called Alternative Investment Funds (Aifs), primarily aimed at professional investors, can invest in digital or crypto-related assets have increased in recent months.…
Follow us on Google News Key Takeaways: Zimbabwe’s central bank announced yesterday that it is investigating the feasibility of launching its own digital currency (CBDC). The bank also claimed that interest in its regulatory sandbox continues to grow. Zimbabwe’s central…
Follow us on Google News Key Takeaways: Bithumb collaborates with 300FIT to distribute NFTs to traders. Sports has been a critical driving force behind making crypto more conventional. Bithumb, one of the largest crypto exchanges, has recently announced that it…
Follow us on Google News Cash App, a mobile payment provider, has announced that Lightning Network can now send Bitcoin (BTC) using its app. Users can now send BTC to any Lightning or on-chain BTC address using the new capability.…
Follow us on Google News Last week has been really good for crypto, especially for the ones we spoke about in last week’s article. Bitcoin has gone up more than 10% and Mana is up by over 50%. Not just…
Follow us on Google News Key Takeaways: Qi Dao informed their users that superfluid’s vesting contract for QI has been exploited. User funds on QiDao contracts are safe. The exploit is solely on Superfluid. QI bridging is temporarily paused. Today…
