Is Solana following Ethereum? SOL price continues slump vs. Bitcoin
Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts.
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Bank of Ghana unveils draft rules for cryptocurrency exchanges
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures.
OECD Calls for ‘Delicate Balance’ in Global ICO Regulation
The Organisation for Economic Cooperation and Development (OECD) has stated that global regulators should work together to facilitate the development of initial coin offerings (ICOs), according to a report released Jan. 15.The document calls for regulatory clarity and a supervisory framework for ICOs, defining such moves as “a stepping stone to their safer use for…
How Bitcoin investors can avoid tax fraud
Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant.
Report: G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system.According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with digital currencies. It also said that, even if member firms of the governing Libra Association addressed…
Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin (BTC) is leading the cryptocurrency markets on the path to recovery. Although the United States Consumer Price Index (CPI) print for January was marginally higher than expectations, it did not dent the enthusiasm of bullish crypto trader. A positive response to seemingly negative data is a sign that the sentiment is bullish and traders…
New Crypto Partnership Takes Aim at Africa’s Unfavorable Financial System
A new partnership in the cryptocurrency space wants to address financial inequities on the continent of Africa.Digital finance and payment platform Sesacash announced in a blog post on April 14 that it is partnering with peer-to-peer cryptocurrency trading platform CryptoLocally. The two firms aim to solve the various challenges facing Africa’s financial sector.Sesacash CEO and…
US National Insurance Advisory AAIS Introduces IBM Blockchain-Based Reporting Tool
Privately held insurance advisory American Association of Insurance Services (AAIS) has introduced its blockchain-based insurance database and reporting tool, according to an announcement video posted August 15. The platform, dubbed Insurance Data Link (openIDL), is based on IBM's enterprise blockchain solution, using Hyperledger Fabric. The platform intends to reduce “burdensome” statistical reporting processes, as well…
Ignite CEO announces departure after seven years
Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May. 320 Total views 20 Total shares Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has…