Lightning Network value directly correlated to Bitcoin price: Report
“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.
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OECD releases framework to combat international tax evasion using digital assets
The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13. 115 Total views 2 Total shares

Singapore central bank says three business days is ‘timely transfer’ for stablecoins
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period of five business days despite some arguing that it should be done in real time. 330 Total views 5 Total shares While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes three business days is a “timely transfer” for single-currency…

Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says
Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report.People in Europe are becoming more optimistic about the Blockchain space. In 2020, more Europeans believe that crypto will exist in 10 years than ever before, bitFLyer exchange reported on April 29.Amount of crypto believers…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

South Korean crypto exchanges to follow Coinone in verifying private wallets
South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines. 379 Total views 9 Total shares Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone's lead in banning transfers to non-verified wallets, industry analysts say. Yesterday Coinone announced that it…

Ripple Cements Asian Presence Through Partnership With Thai Fintech DeeMoney
Thai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia.As the first non-bank institution in Thailand to sign on to RippleNet, DeeMoney already processes inbound transfers using the blockchain network along remittance corridors in the Middle East and Gulf Regions, South Korea, Indonesia, Singapore and Israel. On…

Anchorage Digital to support liquid Ether staking
It is the first US bank to facilitate liquid Ether staking, and it is focusing on institutions.

New tokens are more likely to win if they find institutional investors
Most of the new tokens launched in 2024 have fared poorly compared to their predecessors. However, institutional investment has helped some succeed.