Illia Polosukhin, Ukraine-born crypto entrepreneur and Near protocol co-founder, explains how crypto has become an invaluable instrument for supporting Ukraine’s resistance. “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 Kharkiv, Ukraine,...Continue Reading

Fresh comments from officials show the need to tame inflation, while bonds see their biggest comedown from all-time highs since 2008. Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Kashkari warns...Continue Reading

Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn’t want to adopt crypto for payments. An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like Bitcoin (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister. Malaysia has...Continue Reading

Colorado is set to accept tax payments in crypto. To some experts, it’s only a matter of time before other U.S. states follow suit. The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some...Continue Reading

European policymakers have backed away from passing rules which would have unfairly targeted Bitcoin for environmental reasons. Last week, Bitcoin (BTC) dodged a regulatory bullet in the European Union when proposed cryptocurrency legislation was altered to not include a ban on proof-of-work- (PoW)-based crypto assets. Policymakers had raised a number of concerns about the relative...Continue Reading

IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.” As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry. Today, the International Organization of Securities (IOSCO) published a report that aims to give a...Continue Reading

Interlay was the recipient of an up-to-$100,000 Web3 Foundation grant in March 2020 to develop the parachain technology implemented. Interlay, a newly appointed Polkadot (DOT) parachain network, is nearing the completion of a two-year Bitcoin (BTC) bridge development project on Polkadot, with the launch announcement on its sandbox platform Kusama. Additionally, Interlay has integrated a...Continue Reading

India’s crypto tax policy is set to become law on March 24. However, stakeholders believe it could eradicate small-time traders and derail the thriving industry. Indian crypto tax policy has become the hottest topic for Indian crypto traders and exchange operators as it is set to become law on March 24 and will come into...Continue Reading

BlackRock CEO believes the current crisis added with growing inflation would lead to the formation of a global digital payment network. Larry Fink, the CEO of the world’s largest asset manager BlackRock, believes the ongoing Russia – Ukraine crisis has boosted the case for digital currencies as a tool of settlement for international transactions. In...Continue Reading

A $92 million token sale round, Coinbase listing, and an overall crypto market rebound boosted MINA’s massive upside move. MINA, a utility token backed by a “lightweight” smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date. The coin rallied by about 75% to...Continue Reading