Owner of unlicensed UK crypto ATM network faces criminal charges

He stated that stablecoins need stricter regulations if they are to be part of the payment universe. 418 Total views 7 Total shares Fed Chairman Jerome Powell told the House of Representatives today that stablecoins should face stricter regulations similar to money market funds or bank deposits. Powell was asked specifically about Tether, currently the most…

From the outside looking in, the United States seems to present a host of amazing financial opportunities. However, when it comes to launching cryptocurrency exchanges or altcoin trading platforms, these possibilities start to dwindle and fade quite rapidly. In this regard, over the past few years, the U.S. regulatory landscape has seemed so hostile toward the…

Mirror Trading International is getting flak from regulators worldwide. A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities.According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on behalf…

The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang.So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and build…

Long-term accumulation and the increasing popularity of DeFi yield protocols is siphoning Bitcoin away from centralized exchanges. 3136 Total views 18 Total shares Data from on-chain crypto information aggregator Glassnode indicates the number of Bitcoin held on centralized exchanges has fallen by roughly 20% in 12 months.The data suggests investors are accumulating BTC and withdrawing…

In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela?Even before 2020, Venezuela already had a number of businesses that accepted various cryptocurrencies as payment; however, considerably…

The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well. 

The World Federation of Exchanges noted in a report that retail demand is higher for crypto products but there's a lack awareness on investor protection. 355 Total views 4 Total shares A report from the World Federation of Exchanges (WFE) noted that 40% of the crypto trading platforms are decentralized and make use of distributed

Bitt, a portfolio firm of Overstock’s blockchain firm Medici, has partnered with the Eastern Caribbean Central Bank (ECCB) to pilot central bank digital currency (CBDC). Overstock announced the news in a press release on March 6.Barbados-based Bitt initially signed a contract with ECCB to conduct a pilot of the blockchain-issued Digital Eastern Caribbean Dollar (DXCD)…