BoE Proposes Stablecoin Regulation Following Terra Crash

The UK authorities have released a detailed report of how it intends to reduce the financial stability problems related to financial settlements with cryptos. The authorities saw the need for this regulation following the UST stablecoin at the beginning of this month. Before its collapse, the UST was among the top three stablecoins globally. UK … Read more

Influential Personalities Plan To Support The Zelensky NFT Project

The Zelensky NFT project is a new digital art collection soon to be available to the public. According to the announcement, this project’s primary objective is to assist Ukrainians through local communities. Details About The Zelensky NFT Project Many famous and influential persons have made a promise that they will support this project. Most of … Read more

21Shares Launches Two Crypto Index Funds For The US Market

On Wednesday, the biggest issuers of crypto ETPs globally, 21Shares, entered the US crypto market space by launching two crypto index funds. Thus, eligible investors can gain investment exposure to digital assets regardless of whether they are large or medium-cap-sized digital assets. Details About The New Index Funds The newly launched index funds will monitor … Read more

Users’ Requests Force Wikipedia To Stop Accepting Crypto Donations

After accepting crypto donations for nearly a decade, Wikipedia has halted crypto donations following discontent by the Wikipedia community. The Wikimedia Foundation (WMF), the NGO that runs the popular internet encyclopedia, Wikipedia, has been embroiled in various discussions with its community members over the decision to keep accepting crypto donations. Discussions Have Been Ongoing Since … Read more

Grayscale Seeks Expansion Into Euro Crypto Market, Meets Local Partners

A recent Bloomberg report has revealed that Grayscale Investments seeks to start offering its services to the wider European crypto market. According to the firm’s CEO, Michael Sonnenshein, Grayscale has already started discussing with local partners. Grayscale Already Has A Detailed Plan For Entering Europe’s Crypto Space – Grayscale CEO However, Sonnenshein refused to reveal … Read more

Top Bahama-Based Bank Launches Crypto Services With Chainalysis

Top on-chain data analytics firm, Chainalysis, has completed an agreement with one of the leading lending banks in the Bahamas (Capital Union Bank) for the latter to launch its virtual asset services. The new partnership is one of the direct benefits of the nation’s adoption of crypto-friendly policies. Industry analysts opine that this partnership will … Read more

Mexico’s Apex Bank Develops A 3-Year Plan For The Launch Of Digital Pesos

Mexico’s apex bank (the Banxico) has revealed that it plans to launch the digital Pesos within the next three years. While speaking at a senate hearing, the bank’s chief, Victoria Rodriguez Ceja, disclosed that the 3-year period would give the bank the appropriate time to ensure that the national digital currency completes the three money … Read more

Russia To Criminalize Non-Custodial Crypto Wallet Holders

A group supposedly representing the interest of Russian banks has proposed a crypto-related bill to Russian authorities. The group wants the Russian government to make it a criminal offense for anyone to own private crypto wallets. Even though the financial regulators are set to discuss the idea, industry analysts opine that it is nearly impossible … Read more

Argentine Crypto Traders Discover Ways To Make Bank With P2P Markets

Per multiple local news outlets, many Argentines have discovered that they can earn more money through P2P arbitrage and leveraging on exchanges and the market conditions. One of Binance Argentina’s top-level executives, Maximiliano Hinz, revealed a 45% increase in the company’s P2P operations within the past 30 days. Argentines’ New Gold Rush Argentines have discovered … Read more

BitsCrunch Partners MasterCard to Reduce Cryptocurrency Entry Barriers

BitsCrunch, a startup that focuses on the non-fungible token blockchain, recently declared that it would soon be working with MasterCard, one of the most popular payment service providers. Intended to be nurtured under MasterCard’s Start Path program, a global startup business participation initiative to assist companies in scaling, MasterCard and bitsCrunch want to empower users … Read more