South Korean tech giant LG Electronics has officially added blockchain and cryptocurrency as new business areas in its corporate charter. According to a local South Korean news report, LG added two d...
Category: Crypto
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Israel’s Bank Leumi to Offer Crypto Trading Services
Bank Leumi announced on Thursday that it is going to enable cryptocurrency trading, thus becoming the first Israeli bank to allow customers to buy and sell digital assets. Leumi is one of the two larg...
Korean crypto exchanges are now in compliance with the Travel Rule
South Korean crypto exchanges have reached the government-mandated deadline to come into compliance with the so-called Travel Rule, but not all industry players are pleased with the measure. Starting ...
Bitcoin, Binance Coin, Holo, and Decred Daily Price Analyses – 24 March Roundup
TL;DR Breakdown The global crypto market is in full bloom, adding 2.55% over the last 24 hours. Bitcoin has continued bullish, adding 2.51% in the last 24 hours. Binance Coin is following Bitcoin’s fo...
ExxonMobil Mining Bitcoin (BTC) with Excess Natural Gas – crypto.news
ExxonMobil is reportedly running a bitcoin mining pilot program that involves the use of excess natural gas from its North Dakota oil Wells, reports Bloomberg on March 24, 2022. ExxonMobil Turning Exc...
Bank of England and regulators assess crypto regulation in raft of new reports
The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized fina...
Sens. Lummis and Gillibrand collaborate on crypto regulatory framework
New York Senator Kirsten Gillibrand and Wyoming’s Senator Cynthia Lummis are joining forces on a yet-to-be introduced bill that promises regulatory clarity for crypto. The two teased their forth...
Crypto firms face critical deadline in the UK
Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial regulator in the country looms. UK crypto companies have M...
Exxon Mobil is using excess natural gas to power crypto mining: Report
United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may be expanding its operatio...
Bank of England Outlines Framework for Regulating Crypto Assets
The Bank of England, the Central Bank of the United Kingdom, announced Thursday the first regulatory framework for crypto assets in the country. The UK Central Bank made a move as it admitted that tho...
Crypto data provider Kaiko integrates with oracle network Pyth » CryptoNinjas
Kaiko, a cryptocurrency & blockchain asset market data provider, today announced a new integration with Pyth network, an oracle platform that provides secure market data sources for on-chain smart...
A DeFi App for Tokens’ Exchange and Liquidity Provision – crypto.news
PancakeSwap (CAKE), an automated market maker, provides users with enhanced functionality to exchange tokens and provide additional liquidity to target parties. What is CAKE? The current evolution of ...
Crypto rallies to $2T market cap as institutions signal readiness to enter
Goldman Sachs revamped its website’s homepage to reflect newfound bullishness toward crypto and blockchain technology. Bitcoin (BTC) and the broader cryptocurrency market rallied on Thursday, as the t...
Malaysia Strikes Down Rumors Surrounding Crypto Adoption
After a local media report said that Malaysia would be recognizing crypto as legal tender, the country’s Deputy Finance Minister struck down rumors about the country moving forward with such adoption....
Bank of England Calls for Stricter Global Regulation of Crypto Assets
According to Bloomberg, the Bank of England (BOE) intends to tighten regulation of cryptocurrencies for the global frameworks, preventing from harming its financial stability. The current size of the ...
How crypto became a major source of relief for embattled Ukraine
“Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine,” said Illia Polosukhin, the co-founder of Near Protocol. Polosukhin, who was born and raised in K...
Report: Bank of England is working on crypto regulation framework
The Bank of England (BoE), the United Kingdom’s central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies and stablecoins into various existing regulatory fields...
Crypto Firms Risk Closure If Not Registered With FCA By End of March
Firms operating in Britain must be registered with the Financial Conduct Authority (FCA) by March 31. In the event crypto companies fail to register with the financial watchdog by the deadline, they c...
44% of Germans Optimizes Crypto for the Future of Finance, Study Shows
Given that Germany is the first nation to recognize Bitcoin as a unit of value, 44% of respondents in the country view crypto as part of the future of finance, according to a study by crypto exchange ...
How far are European Central Bank (ECB) warnings right while Ruble crypto trading drops?
Recent statement of the President of ECB seems out of the league as it contradicts the real-life data and various expert opinions Lately, the Central Bank President of Europe, Christine Legarde, put o...
Crypto provider Bitcoin Suisse picks Atfinity to enhance AML/KYC setup » CryptoNinjas
Bitcoin Suisse, a Swiss crypto-finance and technology provider, announced today that it partnered with software company Atfinity to further enhance its AML (anti-money laundering) processes and stream...
Ukraine War Will Accelerate Crypto Adoption says $10T Asset Manager
The billionaire head of asset management company BlackRock says the Ukraine war will accelerate digital currency adoption. In a letter to shareholders, CEO Larry Fink asserted that the war “will promp...
Malaysia Will Not Make Bitcoin a Legal Tender, Says Deputy Finance Minister – crypto.news
Malaysia has finally responded to the question of making cryptocurrencies legal tender. The Malaysian Deputy Finance Minister said today in parliament that the country has no intention of recognizing ...
Portsmouth Becomes Latest US City to Allow Bills to Be Paid in Crypto
Portsmouth, New Hampshire, will become the latest city to allow its residents to pay their bills in cryptocurrency. Deaglan McEachern, the city’s mayor, proposed the idea to city officials, who feel i...
Bank of England Forms New Crypto Regulation Approach
Arman Shirinyan The central bank of the country aims at creating regulatory framework for new class of assets The Bank of England announced the sketching of the country’s first regulatory framew...
TradeStation Launches Its Crypto Offering in Puerto Rico
American online broker TradeStation announced on Thursday that residents from Puerto Rico are now eligible to apply for crypto accounts on the platform. According to the press release, crypto trading ...