“Imagine if the EU required your bank to report you to the authorities every time you paid your rent merely because the transaction was over 1,000 euros,” said Coinbase CEO Brian Armstrong. The crypto industry has reacted strongly against a EU Parliament committee voting in favor of a regulatory package for tighter know-your-customer (KYC) and...Continue Reading

The Bank of Japan has warned G7 nations that a common regulatory framework for cryptocurrencies needs to be introduced quickly, as current rules do not take into account the potential for digital assets to be used to skirt sanctions. A senior official from the Bank of Japan (BOJ) has warned G7 nations that a common...Continue Reading

The investment firm made very high valuation for BTC and gold based on the extreme case that either becomes the reserve global currency. American investment firm VanEck believes that Bitcoin has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. That’s...Continue Reading

“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin. MicroStrategy CEO and Bitcoin permabull, Michael Saylor believes that traditional financial markets aren’t quite ready for Bitcoin-backed bonds.  Saylor told Bloomberg on Tuesday, that he’d love to see the day come where Bitcoin-backed bonds are...Continue Reading

BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step. The euphoric calls for a return of the bull market may have been a bit early especially after Bitcoin (BTC) bulls failed to push the price over the $46,000 level on March...Continue Reading

Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.” U.S. companies that safeguard their clients’ crypto-assets received new accounting guidance Thursday in the form of a Securities and Exchange Commission, or SEC, Staff Accounting Bulletin. The guidance got a...Continue Reading

Is it time for a correction after ETH rallied 34% in two weeks? On-chain metrics and derivatives data say yes. Investors tend to not complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since...Continue Reading

Focused on the sports and entertainment industries, the Chiliz Chain 2.0 blockchain network was birthed in collaboration with decentralized infrastructure protocol, Ankr. Digital asset sporting project Chiliz has announced the launch of the Scoville testnet for the newly established layer-1 blockchain network Chiliz Chain 2.0, also known as CC2. CC2 will seek to advance the...Continue Reading

According to Ganna Voievodina, Ukraine’s law on digital assets was adopted “just in time” for companies handling crypto and a government looking for tax revenue. While many parts of Ukraine are still facing threats from Russia’s military, some residents, industry leaders and government officials are turning to digital assets for help in relocating people, funding...Continue Reading

CELR, IOST and SKALE secured double-digit gains, thanks to a handful of protocol upgrades and announcements related to cross-chain ability. Volatility is back in full force in the cryptocurrency market and the price of Bitcoin (BTC) has undergone several $1,000 swings over the past few days and select altcoins have seen their prices surge to...Continue Reading