Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon. Many Ukraine-based businesses have had to shutter or suspend operations following the outbreak of the conflict with Russia on Feb. 24, but some in the cryptocurrency space have been...Continue Reading

More than 8.4 million email addresses were on the waitlist for Coinbase NFT, with the project saying it would be available to everyone over 18 years old “in the coming weeks.” Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company announced it planned to open a...Continue Reading

Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation. Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal EU institutions with a call to ensure common-sense regulation, standardized compliance procedures and an innovation-friendly business environment.  An open letter on behalf...Continue Reading

The Ministry of Finance “partially supported” the proposition, adding that it needs further consideration. Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On April 20, local newspaper Izvestia reported that...Continue Reading

MakerDAO is currently the 4th largest DeFi protocol as per TVL rankings with $14.24 billion in locked value. MakerDAO, a decentralized autonomous organization serving the popular DeFi lending protocol Maker, has announced an upcoming deployment schedule on the decentralized zero-knowledge (ZK) Ethereum rollup, StarkNet. Expected to become fully operational in the third quarter of this...Continue Reading

Amendments to the tax code have passed the first round of parliamentary consideration in February. In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance over crypto regulation has become the key regulatory plot for the Russian crypto community to follow. Simultaneously, however, another important...Continue Reading

Owners of the popular Bored Ape and Mutant APE nonfungible tokens (NFT) could receive virtual lands on the Yuga Labs’ upcoming “Otherside” metaverse. ApeCoin (APE) price has exploded higher on anticipations that it would become a de-facto payment token in an upcoming metaverse land sale. APE price swelled nearly 28% in one day to reach...Continue Reading

Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70 percent in 2022. The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows that crypto’s value as a...Continue Reading

Nothing stands in the way of Bitcoin’s latest renaissance, even as gold tumbles and the U.S. dollar checks its progress. Bitcoin (BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Bitcoin is a buy at $41,500 Data from...Continue Reading

The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao’s vision to be licensed everywhere. Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia. ...Continue Reading