UK crypto rules unclear for firms avoiding Europe’s MiCA regulation

"A digital euro could be a complement to, not a substitute for, cash," Lagarde said. Any digital currency released in the European Union may not fully replace fiat, said the President of the European Central Bank, Christine Lagarde.Speaking at an online meeting of the Franco-German Parliamentary Assembly on Sept. 21, Lagarde stated that the bank…

Vyacheslav Volodin, the chairman of the lower chamber of the Russian parliament, has said that bills on the digital economy will be a priority during the upcoming session. The parliament’s official website revealed this in a press release published Wednesday, Jan. 9.Speaking at the opening of the parliament’s spring session, Volodin mentioned the digital economy…

Ether price could drop by 45% because its ascending triangle breakout looks unconvincing so far. 492 Total views 62 Total shares Ethereum's native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence.Merge-led Ethereum price breakoutETH's price dropped by 1.8% to $1,328 after struggling to move above…

Bitcoin overtakes Intel and Coca-Cola at a market capitalization of $205 billion. Amid a major bullish trend on cryptocurrency markets, Bitcoin’s (BTC) market capitalization is outstripping some major publicly traded companies like Intel and Coca-Cola.Following a bullish market in late July 2020, Bitcoin’s market cap saw a significant increase to cross a $200 billion threshold.…

There are 234 companies in Singapore’s blockchain landscape. 917 Total views 42 Total shares A collection of organizations teamed up to produce a “map” of what the blockchain landscape looks like in Singapore, and it’s a lot bigger in 2020 than it would’ve been in 2019.Supported by a Singaporean governmental agency called the Infocomm Media…

Compromised WazirX devices provided "legit transaction details" to Liminal’s network, allowing the attacker to drain the exchange’s funds, the MPC provider claimed.

The latest celebrity to suddenly realize the immense artistic significance of tokenized art (or 'cash in on' depending on your perspective) is rapper and Fyre Festival co-founder Ja Rule — who is auctioning off a 48-inch-by-60-inch, oil-painting of the Fyre Fest's corporate logo with accompanying NFT. The auction, which has a reserve price of $600,000…

It appears the firm's fortune took a turn to the worst via its exposure to troubled crypto lending service Babel Finance. 144 Total views 26 Total shares In a document dated Wednesday, July 27, Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five applications under Section 64 of Singapore’s…

Post Ethereum (ETH) merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report. According to data, user behavior and historical analysis show multiple trends of rapid growth in transactions, total value locked…