A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for […]
The exchange platform noted that the cryptocurrency sector has seen tremendous growth and can’t afford to be ignored According to CNN Philippines, the Philippines Stock Exchange (PSE) wants to offer crypto trading services in the […]
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central […]
Singapore crypto exchange Bybit is set to tighten its customers verification procedures In an effort to increase customer safety, Bybit is planning to update Know Your Customer (KYC) procedures for its users. The new procedures, […]
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising […]
Bitcoin miners have recently flocked into Kazakhstan after China began a major crackdown on crypto mining and trading. Bitcoin mining machines use electricity to create new coins Kazakhstan will tax cryptocurrency mining activities beginning 2022, […]
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into […]
Robo-advising platform Robinhood has been fined by the FINRA The Financial Industry Regulatory Authority disclosed yesterday that it had fined Robinhood $57 million. The company had also been ordered to pay a further $12.6 million […]
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support […]
The CIMA says it’s investigating Binance regarding the exchange’s the British Overseas Territory. The Cayman Islands Monetary Authority (CIMA) has announced it has not licensed Binance to offer its services in the territory. On Friday, […]
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