Tether onboards head of government affairs from PayPal

The CFTC has made comprehensive crypto regulation a strategic objective to accomplish over the next few years, referring to digital assets as “21st century commodities.” 1079 Total views 19 Total shares In its finalized strategy for the next four years, released on July 8, the United States Commodity Futures Trading Commission has made comprehensive crypto…

The cryptocurrency and blockchain industry grew by leaps and bounds in 2020. The top two assets, Bitcoin (BTC) and Ether (ETH), gained 303% and 469%, respectively, which can be considered extraordinary in comparison with the 25% return of gold. While the precious metal is often considered a safe-haven asset, the two digital assets outperformed gold…

Nike, the United States footwear and clothing behemoth, has recently joined the ranks of mainstream corporations that are considering entering the field of cryptocurrencies, currently spearheaded by the likes of Facebook and Starbucks.A document filed with the U.S. Patent and Trademark Office (USPTO) surfaced online earlier this week, revealing Nike’s intention to launch “cryptokicks” —…

There's no shortage of demand for Bitcoin, even at $50,000, as big buyers dwarf smallholders in the latest stage of the bull run. 613 Total views 8 Total shares Bitcoin (BTC) whales and institutions alike have made the most of the recent BTC price "dip" by buying big, data suggests.In an update on March 9,…

In a bid to transform into a blockchain smart city, Seoul, South Korea is planning to launch its own digital currency by November 2019.To facilitate engagement in the city’s governanceAs Australian finance-focused media outlet Finder reported on Aug. 7, the South Korean capital is looking to release a native city-wide digital currency dubbed S-coin, the…

The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining. 1780 Total views 13 Total shares The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC).The Ministry of Energy of the Republic of Belarus…

South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, local politicians and regulators have started lobbying a new set of regulations, which could finally bring…

Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. 681 Total views 9 Total shares Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860…