According to recent reports, Indonesia plans to launch a virtual currency platform this year (2023). The platform is part of a plan to shift regulatory powers from the commodities commission to the se...
Tag: Crypto
How to Introduce Your Friends and Colleagues to Crypto This Year
2022 was a catastrophic year for crypto. If you’re bored of hearing it, I’m definitely tired of writing it. But it is an inescapable fact that multiple market tumbles and the unveiling of substantial ...
Israeli securities regulator moves to establish crypto legal framework
The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli investors are exposed to digital assets, and over 150 companies operate in ...
Ripple CTO’s Statement and his Comparison of Crypto to Internet
The Chief Technology Officer (CTO) of Ripple, David Schwartz thinks “the crypto sector is akin to the search engine industry in the year 2000.” Imagine I worked at Google in 2000 and I was...
Bitwise Announces Results of December 2022 Month-End Crypto Index Reconstitution
Intel (INTC), CBOE Global Markets (CBOE), Nu Holdings (NU), and Applied Blockchain (APLD) enter the Bitwise Crypto Innovators 30 Index; Intel (INTC), Nike (NKE), CleanSpark (CLSK), and Applied Blockch...
Crypto Crystal Ball: Biggest Trends to Watch in 2023
If 2022 made one thing clear about crypto, it’s that there’s absolutely no point in predicting anything. Overnight collapses of multi-billion dollar companies, historic technological achievements, ind...
Rise in Crypto Payments Driven by Low Fees
Despite an ongoing bear market, crypto payments processors BitPay and Coingate recorded a notable uptick in crypto payments in 2022, with Bitcoin still the most preferred crypto asset. In its 2022 rep...
What Does Ripple CEO Said on The US Crypto Regulation?
Brad Garlinghouse, the CEO of financial technology company Ripple Labs, supports cryptocurrency regulation in the United States. In recent times, Ripple CEO, noted in his Twitter thread that, “I am ca...
Nigerian Crypto Exchange Roqqu Gets European Union Virtual Currency License – Regulation Bitcoin News
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head o...
UK NCA creates crypto team, actively hiring
The UK’s National Criminality Agency (NCA) will create the National Cyber Crime Unit (NCCU) Crypto Cell to investigate cryptocurrency crime aggressively. The National Cyber Crime Unit Crypto Cell “sig...
Indonesia to set up cryptocurrency exchange to reform crypto regulation
Indonesia plans to launch a national cryptocurrency exchange in 2023 as part of its regulatory reform adopted by the Indonesian House of Representatives on December 15, according to a report from Bloo...
U.S. Regulators Warn Banks That Crypto Is Not ‘Safe and Sound’
The Federal Reserve and two other U.S. regulators today issued a warning to banks about cryptocurrencies. In a joint statement, the Board of Governors of the Federal Reserve, the Federal Deposit Insu...
Crypto Market 2023 Outlook: Here are the Key Dates and Events to Watch
As the world ushered in the 23rd year of the 21st century, the cryptocurrency market celebrated the fourteenth birthday of Bitcoin (BTC). However, the bleeding recorded in 2022 has increased the fear ...
World Economic Forum Believes Crypto Will Remain Key Technology – Blockchain Bitcoin News
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for th...
Biggest Crypto Gainers Today – January 4
Join Our Telegram channel to stay up to date on breaking news coverage The whole cryptocurrency market underperformed last year due to the steady decline and the severe FTX issue, which drove many tra...
Israel Could Include Crypto Into Existing Country Laws
The Israel Securities Authority (ISA) could amend three of its existing monetary laws to squeeze in cryptocurrencies. The regulator’s proposals seek to grant investors maximum security when dealing w...
Can Polygon’s growing ecosystem keep MATIC holders warm this crypto winter?
Polygon witnesses significant growth in its Defi and NFT space However, the sentiment against Polygon declined According to new data posted by Polygon, the layer 2 solution was observed to be improvin...
US Federal Regulators Warn About Crypto Activities
The crypto space received more regulatory attention through the end of 2022. The collapse of one of the largest global digital asset exchanges brought massive losses to the industry. This event spurre...
US Congress Commences: Fate of Crypto Hangs in the Balance
The 118th US Congress commenced on January 3, 2023. Initial months are to be focused on FTX and stablecoin regulations. Crypto taxes, agency jurisdictions etc., to follow. There are two distinct vi...
Huobi Global Reportedly Pressurizing Staff For Salary in Crypto
8 hours ago | 2 mins read Exchange News Workers are angry about this decision and have started protesting the company. Reports surfaced late last month claiming that Huobi was planning a huge layoff. ...
Indonesia to launch national crypto exchange in 2023: Report
As a part of its reform of crypto regulation, Indonesia will create a crypto exchange in 2023, according to reports. The platform is planned to be launched prior to a shift of regulatory power from co...
EmpireDAO, Wyre, Become Latest Casualties Of Brutal Crypto Winter
With the crypto winter showing no signs of abating, crypto payment companies Wyre and EmpireDAO have become its latest casualties. Wyre informed employees about its plans during the holiday season, w...
Crypto Payments Firm Wyre To Shut Down After Missing Out on $1,500,000,000 Deal: Report
A crypto payments firm is reportedly shutting down after a massive $1.5 billion deal fell through. According to a new report by Axios, crypto payments company Wyre is shutting down after Bolt Financia...
Funds Used To Trade Crypto & Meme Stocks
With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’...
Iran court orders the release of seized crypto mining equipment
Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...
Israel regulator wants law amended for better crypto regulation
The Israel Securities Authority (ISA) has forwarded draft amendments on crypto. It aims to protect citizens from the risks associated with trading digital assets. ISA is responsible “for safeguarding ...
Cardano Enters Top 10 Most Spent Crypto In Ecommerce
Crypto payments on e-commerce platforms are booming despite market conditions, with Cardano (ADA) and Binance Coin (BNB) entering the top 10 most spend crypto. According to a report from payment proce...
World Economic Forum discloses its future vision for crypto
The World Economic Forum (WEF) recently published an article outlining its future vision for crypto. It mentioned JPMorgan and other “major financial institutions” in the context of 180’ing from their...
Federal Reserve, FDIC & OCC warns About Risks Against Crypto Assets
The Federal Reserve, OCC and FDIC issued a joint statement regarding the potential risk of crypto assets. OCC is reviewing banks asking permission to engage in crypto assets. Acting OCC says crypto i...
UK’s NCUU Crypto Cell Launched to Tackle Crypto Crime
The UK National Crime Agency arms against crypto crimes. The agency is looking to hire a cryptocurrency expert for its crypto unit. New technologies are generally hotspots for criminals to exploit loo...
Analytics Firm Says These Key Catalysts Will Kick Off Next Crypto Bull Market
Crypto analytics firm Santiment is breaking down what catalysts will launch the next digital asset bull market. Santiment notes in a new analysis that when markets take off, social media discussions a...