Brazil lifts freeze on Starlink, X accounts after $3M fine payment
The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country.
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Former Worldpay US Executive Joins Crypto Payments Firm BitPay as Its New CFO
Major cryptocurrency payment services provider BitPay has onboarded former Worldpay U.S. executive Glen Braganza as its Chief Financial Officer (CFO), according to a press release published on May 7.Having more than 15 years experience in private equity and public markets, Braganza joined BitPay to “help support the business through its next phase as the company…
Fidelity Calls Bitcoin an ‘Aspirational’ Store of Value and an ‘Insurance Policy’
Bitcoin is an aspirational store of value according to Fidelity Digital Assets. 434 Total views 8 Total shares Fidelity Digital Assets, subsidiary of multi-trillion dollar investment firm Fidelity Investments, views Bitcoin (BTC) as an “aspirational store of value” and an “insurance policy” against a troubled financial system according to a new report.Fidelity holds over $8…
Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities
The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was signed by the Governor of Montana Steve Bullock on May 8.Initiated by State Representative Shane Morigeau, the bill had its first…
Uniswap V2 Offers Better Price Feeds and Doubles Down on Flash Loan Concept
The Uniswap decentralized exchange announced on March 23 a planned release of its second major version, Uniswap V2. Among the major features, the new platform will feature flash swaps — a similar feature to the infamous flash loans that some blame for recent decentralized finance (DeFi) hacks.The update’s release is tentatively scheduled for Q2 2020,…
DeFi mainstays headline Grayscale’s list of new products under consideration
Ethereum protocols account for over a third of Grayscale's assets under consideration for listing as exchange-traded products. 4078 Total views 16 Total shares Want to buy decentralized finance exposure from your stockbroker? Grayscale may be on the cusp of making it a reality. In a press release today, the issuer of popular exchange-traded products such as…
How do the Fed’s interest rates impact the crypto market?
Cointelegraph analyst and writer Marcel Pechman explains how the U.S. Federal Reserve’s interest rates impact the crypto market.
Tron Supports Gambling DApps Restrictions in Japanese Market to Comply With Regulations
Blockchain-based decentralized application (DApp) platform Tron pushed to remove gambling DApps in the Japanese market to comply with local regulations, according to a press release published on March 31.Per the statement, the company intends to adhere to local laws and regulations in the countries it works in. Therefore, the firm has decided to support gambling…
Aussie consumer group calls for better crypto regs due to ‘lagging laws’
Australian consumer group CHOICE outlined its crypto regulatory framework in a submission to the country’s Treasury calling for the new federal government to prioritize crypto in its financial services reforms. 227 Total views 20 Total shares Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while…