South Korea labels mass-produced NFTs as virtual assets

A former President of China’s central bank says the digital yuan will be able to eventually replace cash if four key conditions are met. Former Bank of China President, Li Lihui, has revealed the launch of the digital yuan is imminent, and that the currency can replace cash if four key conditions are met. The central…

A former employee at United States-based crypto exchange Kraken is suing the firm for over $900,000, claiming the exchange failed to pay him for his work there. Bloomberg reported the news on April 7.Jonathan Silverman — who reportedly joined the exchange in April 2017 to manage institutional sales and its trading desk in New York…

“We believe that NFTs can significantly accelerate the development of women’s sports,” Sorare CEO Nicolas Julia told Cointelegraph. 35 Total views 1 Total shares Following a $680 million funding round, nonfungible token (NFT) marketplace Sorare is looking to be an active player in bridging the gap between sports and digital entertainment.Now valued at $4.3 billion,…

Cryptocurrency hardware wallet provider Ledger CEO reckons it’s more people trusting Bitcoin that is pushing the price up; Glassnode confirms his suspicion. 354 Total views 26 Total shares As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market. In an…

Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

In addition to “smart accounts” Ethereum adoption will be boosted by Web3 gaming along with zkEVM scaling and security, says Laura Shi. Account abstraction, also known as “smart accounts” could eventually onboard a billion users from the Asia region to Web3, according to an executive at Ethereum software solutions provider ConsenSys.Speaking to Cointelegraph, the director…

The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations.

The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets. 1559 Total views 12 Total shares Own this piece of crypto history Collect this article as NFTCrypto.com has received a Payment Institution License (EMI) from Banco Central do Brasil, the central bank of Brazil. The…

Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.