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August 16, 2023
Switzerland, Singapore and the EU have taken the early regulatory lead, but Japan and the UAE are coming on now. Even the U.S. may be awakening. When it comes to cryptocurrency/blockchain regulation, considerable attention has been focused, this past year, on the United States’ action (or inaction). But the U.S. is not the world, just...
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ConsenSys’ Ethereum scaling network Linea is now fully public, having processed over three million transactions and bridging $26 million in Ether. ConsenSys has completed the launch of its Ethereum scaling rollup Linea, onboarding over 150 partners and bridging more than $26 million in Ether (ETH) to date. Linea went live with select partners onboarded to...
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Through the new integration, verified PayPal users in the United States will be able to buy BTC, ETH, BCH, and LTC directly through Ledger Live. Hardware wallet manufacturer Ledger has integrated its Ledger Live software with PayPal, according to an Aug. 16 joint announcement by the two companies. The integration allows U.S. residents with verified...
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BitGo’s Series C funding featured entirely new investors based in the United States and Asia, CEO Mike Belshe said. Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms like Michael Novogratz’s Galaxy Digital. BitGo has raised $100 million in a Series C financing round bringing the company’s...
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PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024. Cryptocurrency-friendly payments platform PayPal is making some crypto adjustments on its platform in the United Kingdom to comply with local financial regulations. PayPal is temporarily pausing the ability for its U.K. customers...
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M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading facility from the United Arab Emirates...
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This week’s episode of The Market Report discusses the spot Bitcoin ETF that just launched in Europe and why the U.S. still lags behind. In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman discusses the first spot Bitcoin exchange-traded fund (ETF) approved in the European Union, which went live on the Euronext Amsterdam exchange...
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Explore seven methods for safely storing your private keys to ensure security of digital assets. In the world of digital assets, private keys act as the ultimate gatekeepers, granting access to your valuable cryptocurrencies and sensitive information. Safely storing your private keys is paramount to ensuring the security of your digital assets. This article will...
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El Salvador paid $800 million in debt at the start of the year before the maturing period, raising the confidence of investors, as President Bukele says “told you so.” El Salvador, which adopted Bitcoin (BTC) as a legal tender in 2021, has seen its dollar bond outperform the majority of the emerging markets with a...
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Short-term holder supply has declined to just 2.56 million BTC, but the current Bitcoin market may be “top heavy,” warns Glassnode. Bitcoin (BTC) speculators are leading a period of “exhaustion and apathy” across the market, new research says. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode wrote about waning...
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