Yellen Focuses on Stablecoins in First Crypto Speech

Share this article Treasury Secretary Janet Yellen has delivered her first full-length speech on cryptocurrencies following President Biden’s crypto-focused Executive Order at the beginning of March. ...

Crypto payments firm Wyre acquired by Bolt in deal worth roughly $1.5 billion

Bolt, a payments and e-commerce firm, has acquired crypto company Wyre in a deal valued at around $1.5 billion. “Bolt and Wyre plan to close the transaction and fully integrate before the end of...

The Kingdom Culture-led Metaverse Secures $3.6 Million Funding – crypto.news

The Kingdom has announced that its private funding round has attracted $3.6 million in investments from top venture capital firms, including Alameda Research, Infinity Ventures, and Liquid Lab Venture...

Philippine’s largest digital payments firm PayMaya unveils new features to support crypto

PayMaya, a fintech and digital payments firm based in the Philippines, has unveiled new features to allow crypto trading and enable people to earn cryptocurrencies on its application. The launch of th...

Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions

The Central Bank of Nigeria (CBN) has imposed monetary sanctions of N814.3 million (nearly $2 million) on four commercial banks in the country for permitting cryptocurrency transactions, Bloomberg rep...

Coinbase ignores risk, makes Crypto trading in India official

TL;DR Breakdown Crypto in India is showing strength with Coinbase’s arrival  Crypto trading in India might hit new levels Crypto activists continue to call out India’s crypto tax regime Despite the ma...

Crypto Analyst Who Nailed 2018 Bitcoin (BTC) Bottom Bullish on Dogecoin (DOGE) and One Additional Altcoin

A widely-followed analyst who accurately predicted the Bitcoin (BTC) low point in the second half of 2018 is detailing bullish prospects for two crypto assets. Pseudonymous crypto analyst Smart Contra...

Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions – Regulation Bitcoin News

The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to on...

Gemini, Chainalysis and 11 others join Crypto Market Integrity Coalition

The Crypto Market Integrity Coalition, or CMIC, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced that 13 new members have joi...

Crypto.com and UFC announce new Fight Night bonuses

Crypto.com, the world’s fastest-growing cryptocurrency exchange platform and UFC, the premier mixed martial arts organization worldwide, have created new Fight Night bonuses for UFC athletes that will...

Nigeria Fines Four Local Banks for Facilitating Crypto Payments

The Central Bank of Nigeria (CBN) has imposed financial penalties on four commercial banks in the country for facilitating crypto-related transactions, Bloomberg reported on Wednesday. The sanctioned ...

Crypto Rules Should Match Traditional Financial System, Yellen to Say Thursday

As the industry grows and changes at a breakneck pace, Yellen thought it was a good time to share her view, Treasury officials said – including the sentiment that regulation will be critical for crypt...

Will Parody Coin Match the Success of XTZ & FIL?

Cryptocurrency presale collections are gaining appeal in the crypto world quickly. Often, this is the ideal moment for purchasers to get in early and get a lower price on coins. If you’re an experienc...

Cryptos You Can’t Resist – Parody Coin (PARO), Tezos (XTZ) and Filecoin (FIL)

Losing money is not something you have to worry about when investing in the Digital Economy and when we take a look at how far crypto market has come, we see it has already pushed beyond the $2 Trilli...

EverdreamSoft Marks Spells of Genesis Fifth Anniversary with NFT History Museum Launch on CryptoVoxels – crypto.news

EverdreamSoft has announced that it’s launching an NFT History Museum on CryptoVoxels in commemoration of the fifth anniversary of its Spells of Genesis (SoG) play-to-earn game. The NFT Museum will fe...

It’s Tax Time Again. Do We Really Know What That Means for Crypto?

“It carries huge consequences for anyone engaging in mining or staking activities,” Dollar said. “If the IRS position is that it’s all taxable income at the time of creation, you’re currently taxed on...

FCA Announced a Three-Year Strategy, Crypto Included

The FCA announced it had launched a 3-year plan to ‘improve outcomes for consumers and in markets throughout the UK.’ Part of the three-year plan is to maintain higher standards while at t...

Top ETH Whales Are Buying These Altcoins As Crypto Market Plunge Hard

Curve DAO (CRV) is basically a decentralized exchange and an automated market maker protocol. The Automated Market Maker (AMM) is used by Curve DAO in order to manage liquidity as it is designed to he...

Wintermute Rolls out Crypto OTC Trading Platform for Institutional Clients

On Wednesday, Wintermute, a global crypto market-maker headquartered in London, announced that it has launched a new over-the-counter (OTC) platform, called Wintermute NODE, designed to enable institu...

Lossless to launch Core Protocol for crypto hack prevention

Lossless, the first DeFi hack mitigation tool for token creators, is launching its Core Protocol on 14th of April on ETH’s mainnet. Why is it monumental to the entire crypto space? Read on to find out...

The Miami Bull: Mecha Charging Bull Signifies Hope To Crypto Sector at Bitcoin Conference

Thousands of crypto enthusiasts are assembling in Miami as city develops its reputation as among the prime locations to work on blockchain tech. Dozens of organizations are utilizing Bitcoin 2022 conf...

ESPN Partners with Autograph to Release Tom Brady’s NFTs – crypto.news

Tom Brady and ESPN announced a new partnership to bring the Bradys NFTs to the fans. ESPN intends to sell digital collectibles representing Brady’s sporting career. This is one of the many times the s...

Top Whales Are Buying The Dip While The Crypto Market Bleeds!

In early 2013, banks had blocked righteous citizens from interacting with cryptocurrencies exchanges. That’s when the crypto industry replaced banks with “stablecoin” of worth $1. While Bitcoin, Ether...

Analytics Firm Issues Crypto Warning, Says One Bitcoin (BTC) and Ethereum (ETH) Metric Flashing Signs of Correction

Crypto analytics firm Santiment is highlighting a key indicator that could signal an end to the recent rally in the cryptocurrency markets. The insights agency says that the profit-to-loss ratio for b...

Binance paving the way for a crypto-inclusive world

Over the past two years, cryptocurrencies and blockchain technology have dominated the news. As the global pandemic provided an ideal setting for cryptocurrencies to shine, the crypto ecosystem expand...

American Bank to Enable Customers Buy Bitcoin and Ethereum via New Crypto Offering

Tomiwabold Olajide American Bank intends to use Bakkt’s teaching materials to provide cost-effective access to crypto Customers of American Bank, a locally owned community bank headquartered in ...

40% of youngsters want to use crypto for payments, new research reveals

Crypto is rapidly gaining in appeal among younger demographics, with 40% of 18 to 35 year old consumers expressing an intent to use cryptocurrencies — such as bitcoin (BTC), ether (ETH), and stablecoi...

Crypto Market Tumbles, Can Traders Expect Altcoin Season 2022 Anytime Soon?

Bitcoin price witnessed a steep drop in the early trading hours which dragged the price below $43,000. On the other hand, Ethereum’s price slashed below $3100 for some moment. The altcoins also follow...

Revuto Opens Eight New Pools for Staking Cardano Native Tokens – crypto.news

Revuto, a blockchain startup, is opening eight exclusive staking pools. For the first time, Cardano users will get to participate in ISPO under highly competitive terms in the Cardano ecosystem. Users...

Treasury Secretary Yellen’s first speech on crypto will focus on existing laws — except for stablecoins

Treasury Secretary Janet Yellen will speak on cryptocurrencies today at American University in Washington, DC. A much-anticipated event, it is the first time Yellen is addressing the subject at length...

Crypto Whales Accumulating Stablecoins; Is This A “Buy The Dip” Opportunity?

Crypto whales appeared to be positioning to buy into a cheaper market, data showed. A recent drop in crypto prices saw a corresponding rise in stablecoin buying by whales. Stablecoins such as Tether (...

Yellen says crypto hasn’t been used for significant Russian sanctions evasion so far

United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed o...