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Nayib Bukele’s Future Bitcoin Plans
El Salvador’s President Nayib Bukele intends to push forward with his plans for Bitcoin if he secures a second term in the upcoming election. Despite pressure from the Internatio...
7 months ago
The firm’s CEO, Chris Amani, says bankruptcy protections could help appeal the suit brought against it by the SEC, effectively eliminating “the single largest claim against it.”
Terraform Labs says its decision to file for bankruptcy will aid it in pursuing an appeal of the lawsuit it faces from the United States Securities and Exchange Commission. In a ...
7 months ago
El Salvador Profits from Bitcoin Investments
Bitfinex is set to launch in El Salvador on January 31, becoming the first registered and licensed digital asset service provider in the country. Bitfinex Securities, a prominent ...
7 months ago
China imposed a blanket ban on crypto use in 2021, but due to technological advancements and the decentralized nature of crypto, mainland users have found a way to access the crypto market.
China is set to make a major amendment to its Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions amid calls for greater scrutiny of the nascent crypto industr...
7 months ago
International payment giant PayPal has completed its first investment using its stablecoin PayPal USD (PYUSD).
In a press release on Jan. 29, the San Jose-headquartered payment company said that its investment branch, PayPal Ventures has thrown its support behind Mesh, a crypto-focuse...
7 months ago
While Japan is preparing to solve the legal issues around issuing a CBDC, it has not revealed plans for an official launch.
The Bank of Japan (BoJ) held its first official meeting with the country’s government to discuss a central bank digital currency (CBDC). According to the local TV channel NHK, on Jan....
7 months ago
Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell.
According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stableco...
7 months ago
The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kin...
7 months ago
A total of 18 senators now fall into the pro-crypto camp, according to analysis from Coinbase advocacy group Stand with Crypto.
At least 18 senators in the United States support crypto, according to recent data from Coinbase’s nonprofit advocacy organization Stand with Crypto. Stand With Crypto ...
7 months ago
A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum.
The time has come to put the cards on the table. For the past couple months, developers behind the Celo blockchain have been evaluating technical proposals from teams who mig...
7 months ago
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