Nirmala Sitharaman, India’s minister of finance, acknowledges the relevance of cryptocurrency, but she thinks the country has to consider its own peculiarity in relation to cryptocurrency. El Salvador, a Case Study on…
Category: Cryptocurrency
US Policymakers Target Stablecoins in Latest Risk Assessment Agenda
The officials from the Treasury Department of the United States of America have now targeted stablecoins, seeing it as the most pressing matter, which is in dire need of strict regulations. The…
Interest in Robinhood Prototype Digital Wallet App Surges
In the coming weeks, Robinhood will release a long-awaited application that enables its increased customer base to trade and acquire digital currencies. According to Bloomberg, a preview of Robinhood’s IOS app displayed…
China’s Digital Yuan Set to be Tested by Beijing Winter Olympics
Cryptocurrency is currently a serious topic for significant economies of the world as several countries are rapidly developing digital assets for their national currencies and creating a means for the integration of…
Gavin Wood Criticizes Solana Following Blockchain Downtime
Gavin Wood, founder of Web3 Foundation which created Polkadot (DOT) and Kusama (KSM) has stated his opinion on the recent event that occurred on the Solana blockchain. The blockchain had suffered transaction…
Visa is Ready to Enter the Crypto Space
Visa, being a direct competitor to Mastercard, has been trying for some time to enter the crypto space, it has done nothing significant in regards to doing so as Mastercard has recently…
Bitcoin Exchange Reserves have Dropped Drastically
Bitcoin has had a very bumpy journey; first, it was not taken seriously, and it couldn’t even account for a single dollar, but then the financial world came around, and investors were…
South Korea’s Financial Regulator Warns Crypto Exchanges
The Financial Services Commission (FSC) is the central fiscal regulator in South Korea. Following the new crypto trading requirements issued by the regulatory authority last month, many of the local crypto enterprises…
Microstrategy Buys Additional BTC Worth About $244m
Top digital asset management firm and corporate bitcoin bull, Microstrategy, has bought additional BTC worth about $244m based on its latest filing with the SEC. Thus, the company’s total BTC purchases in…
El Salvador Finally Accepts Bitcoin as Legal Tender
Since El Salvador has accepted the top cryptocurrency as a legal tender, it has become the talk of a town, now this is a country in front of you with not an…
Former Federal Prosecutor Slams SEC’s Move to Clean Crypto Space
Former United States prosecutor has slammed the Security and Exchange Commission for its approach to control the crypto space. The prosecutor hit out at the commission, stating that the commission will stop…
El Salvador’s First-Ever BTC Commercial Is Running Successfully
The 30th of August 2021 will be remembered for a long time because it was the day when Bitcoin’s first commercial made by a government went live. The move came a week…
Google Fined 200K Rubles For Advertising eToro
Russia’s apex financial body, the FAS, announced that it fined the search engine giants for advertising a social trading platform, eToro, to its citizens. Three months ago, the FAS had accused Google…
Cardano CEO Warns Of Massive FUD As Alonzo Update Edges Close
Today, Cardano CEO Charles Hoskinson created a Twitter thread where he expressed his frustration at the FUD generated about Cardano on various social handles a few days to its Alonzo upgrade. Hoskinson…
Honduras Installs Its First Crypto ATM
Central American countries have been establishing more crypto-friendly positions while witnessing a consistent expansion in the crypto market. Last Sunday, the El Salvadoran president declared that an opportunity would be provided to…
XRP Prepares for New Bullish Breakout
The controversial token XRP has been able to maintain its rank in the cryptocurrency top 10 group for the better part of the year. New evidence from the technical indicator claims that…