The Bank of England will launch a yearlong joint research project with MIT, which is already working with the Fed and Bank of Canada. The Bank of England announced Friday that it had reached an agreement with the Massachusetts Institute of Technology Media Lab Digital Currency Initiative, or DCI, on a joint twelve-month research project...Continue Reading

U.S. Secretary of the Treasury, Janet Yellen speaks to CNBC’s Squawk Box shares her views on the state of digital assets amid calls for imposed regulations. Janet Yellen, the 78th United States Secretary of the Treasury, spoke Friday morning on CNBC’s flagship business and politics show Squawk Box, on an array of topics from the...Continue Reading

“While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech,” said the country’s minister of digital transformation Mykhailo Fedorov. The Ministry of Digital Transformation in Ukraine has started an online nonfungible token museum aimed at preserving the timeline of major events starting with the Russian military invading the country. In a Friday...Continue Reading

Panelists at the Blockchain Africa Conference 2022 discuss the significant potential of cryptocurrency institutional investment while highlighting the challenges it still faces. During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Panelists Kalin Metodiev, co-founder and managing...Continue Reading

The platform will match many donations in crypto, fiat and nonfungible token purchases toward humanitarian help for Ukraine through March 31. Cryptocurrency exchange Crypto.com plans to use its ad time during the 94th Academy Awards on Sunday to air a TV spot regarding the humanitarian crisis in Ukraine. In a Wednesday announcement, Crypto.com CEO Kris...Continue Reading

Investing in cryptocurrency doesn’t have to be difficult, especially if traders keep these five key rules in mind. Investing in any financial asset can be a tricky exercise, but this is especially true for the fast-paced cryptocurrency market, which comes with its own unique set of pitfalls and challenges.  A popular saying dictates that it...Continue Reading

Grayscale Investments’ trust fund GBTC still trades at a 25% discount compared to Bitcoin’s price. Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high. No Bitcoin outflows despite ‘rollover’ risks The fund, which uses futures contracts to gain exposure...Continue Reading

BTC and most major altcoins could witness a minor dip to retest lower support levels, but the overall trajectory appears to now favor bulls. This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of...Continue Reading

Grayscale Investments is giving accredited investors an easy path to investing in alternative smart contract platforms, including Cardano and Solana. While crypto markets are still in a state of “fear,” as evidenced by Bitcoin’s Fear & Greed Index, the industry as a whole is giving us reasons to be bullish. Large venture funding rounds, growing...Continue Reading

Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1. A tax framework on cryptocurrencies introduced by India’s Finance Minister Nirmala Sitharaman will become law in the country after being passed as an amendment to the...Continue Reading