Legislators in the lower house of Russia’s parliament also dropped the notion of a special register for mining operators. In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join a special registry and a one-year...Continue Reading

Despite all of the existing volatility, El Salvador’s move to legalize BTC has helped pave the way for a digital future helmed by crypto assets. It was September 6, 2021, when the Central American nation of El Salvador decided to go ahead and purchase 200 Bitcoin (BTC), worth about $10.3 million at the time. The...Continue Reading

U.S.-based crypto exchange Coinbase ranked 437th on the elusive Fortune leaderboard, while Sam Bankman-Fried was highlighted by TIME magazine in the innovation category. In an industry milestone, cryptocurrency exchange Coinbase has become the first corporation within the crypto and blockchain space to be featured on the prominent Fortune 500 list. A 68-year-old annual tradition, the...Continue Reading

Don’t hold your breath for a return to $69,000 this year or next, one commentator says. Bitcoin (BTC) stuck to “rangebound movements” into May 24 as price action avoided expected volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No joy for BTC bulls after DXY downmove Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning...Continue Reading

In partnership with Sumitomo Mitsui Trust Holdings, crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian. In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings with the goal of establishing Japan Digital Asset Trust (JADAT).  According to an announcement sent...Continue Reading

ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds. ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization....Continue Reading

The third day of WEF 2022 will see the OECD secretary-general share his thoughts on a reimagined global tax system and industry experts discussing DeFi as the future of decentralized governance. Disclaimer: This article is being updated all day long. All timestamps are in the UTC time zone, with updates in reverse order (the latest...Continue Reading

Amid its plans to roll out stock trading services, FTX has reportedly met with at least three brokerage start-ups over the past few months regarding potential acquisitions. Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading....Continue Reading

Officials from all over the world continue discussing the solutions for stablecoins’ risks It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research Service described the UST crash as a “run-like” scenario and claimed that the crypto industry has...Continue Reading

Coinbase has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet which will give traders far greater access to tokens that are not listed on the Coinbase exchange. America’s largest crypto exchange Coinbase has added the BNB Chain (formerly Binance Smart Chain) and Avalanche to the Coinbase Wallet’s list...Continue Reading