Past rate cuts indicate potential crypto bull market catalyst — 21Shares

Polygon uses zero-knowledge proof to club multiple transactions into groups before relaying them over to the Ethereum blockchain as a single transaction. 245 Total views 8 Total shares Polygon, a Web3 infrastructure on the Ethereum blockchain, announced the launch of Polygon zkEVM or zero-knowledge Ethereum Virtual Machine, a Layer-2 scaling solution aimed at reducing transaction…

While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction.Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United States Financial Crimes Enforcement Network (FinCEN), the primary regulator for money service businesses in the country.MSB license is…

OKCoin says recent U.S. regulatory clarity on digital asset custody is significant for big money players. 585 Total views 9 Total shares Recent digital asset custody clarity from the U.S. Office of the Comptroller of the Currency, or OCC, will likely affect institutional investors more, according to OKCoin CEO Hong Fang."The biggest impact will potentially…

Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023. 681 Total views 27 Total shares Own this piece of history Collect this article as an NFTThe price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin's price over much of…

The Ukrainian National Agency on Corruption Prevention (NACP) detailed how cryptocurrencies must be reported on yearly income declarations. Cryptocurrencies are categorized under the “intangible asset” section, though they are also mentioned by name.On March 2, the agency published a set of instructions on how to report ownership of various types of assets in a yearly…

There are now 85,400 Bitcoin millionaires, more than double the amount from 2023. 

The Vanuatu government announces its support for the Satoshi Island Community Project, a private crypto island where fiat isn't invited. 638 Total views 5 Total shares It’s not every day that a country’s leader endorses a cryptocurrency project. Nayib Bukele, the President of orange-pilled El Salvador, was the first leader to endorse Bitcoin (BTC). Now, the…

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial. 276 Total views 1 Total shares Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange…

Three cryptocurrency experts expressed diverging views towards United States crypto regulation at a panel during the Massachusetts Institute of Technology’s (MIT) Business of Blockchain event on May 2.Wyoming Blockchain Coalition president Caitlin Long argued that digital assets are property and thus should be regulated at the state level, with the approach that “states control property…